The Ceres Greens offering is now closed and is no longer accepting investments.

Ceres Greens

Feeding the Future

Small OPO
Barre, VT
Agriculture
Accepting International Investment
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What is Vertical Farming?

Fresh. Local. Year Round.

Invest in our future.

Ceres Greens is a vertical farming company focused on supplying our customers with fresh local produce, year round.  Based in Barre, Vermont we are constructing our first facility to grow leafy greens and herbs using controlled environment agricultural methods to supply our local market area with 45,000 pounds of produce monthly.  As we expand, we intend to establish similar vertical farming facilities in select markets, producing a total of 360,000 pounds of produce monthly. 


We seek to serve by working towards a future where healthy food is available to every person. According to the United Nations Department of Economic and Social Affairs, the global population will be between 9 and 10 billion people by 2050, primarily in cities. With ever increasing population and ever decreasing arable land in the United States and throughout the world, a crisis is looming. Controlled environment agriculture, with predictable harvests, able to be grown close to population centers, is part of the solution to meet this impending crisis.


- Jacob Isham, Co-Founder and CEO

Investment
Convertible Note | Minimum $200 Investment

Note converts to equity when the company raises $1M in a qualified equity financing.


Maturity Date:  May 1, 2019

$10M Valuation Cap

15% Discount Rate

8% Yearly Interest Rate

Mission:  Supplying humanity with fresh local produce, year round, from our vertical farming network.

Our Accomplishments So Far

Since forming Ceres Greens in October, 2016, we leased a 1,900 sq. ft. warehouse space to prototype our vertical farm and develop our plant 'recipes'. We've tested and refined, tested and refined again, again and again, resulting in a proprietary system that produces significant increases in the amount of yield within a given footprint versus greenhouse or outdoor farming, while keeping the system capital and operational costs low enough to be profitable.  


In the summer of 2017, our team began meeting with the Vermont Agency of Agriculture, produce distributors, customers and local political leadership who have all expressed support for our mission.  In August 2017, we leased a 12,500 sq. ft. facility on a fourteen year term with $225,000 in landlord-provided facility fitup funds.  The facility is scheduled to open in January, 2018, allowing us to start producing 1,600 pounds of produce monthly, scaling up to 45,000 pounds monthly when fully built out.



Timeline of Achievements

  • August 2016:  Founders meeting and plan development
  • October 31, 2016:  Company Formation
  • January 1, 2017:  Secured 1 year lease of warehouse for prototype farm
  • May 2017:  Successful prototype implementation, planting, harvesting
  • August 2017:  Secured lease for 12,500 sq. ft. warehouse with $225,000 in landlord-provided funds to build out permanent farm 
  • September 14, 2017:  Jacob receives certification in Controlled Environment Agriculture from Veterans to Farmers program through Colorado State University

Our Products

What Makes Our Produce Different?

The company grows premium leafy green and herb crops. Our ability to grow our crops is not affected by weather, short growing seasons, freezes, climate change, drought or pests. The crops are grown using 85% less water than outdoor or greenhouse farming, free of pesticides and herbicides, GMO free and can be grown anywhere in an appropriate building. We have predictable harvests in contrast to outdoor farmers who must live with unpredictable harvests.


Growing indoors allows us to maximize the use of technology to create the perfect climate conditions for growing our crops. The company uses a proprietary IOT control system to monitor and manage every aspect of our farm, to maintain the most optimum environment. We will start growing five primary crops during our first year with the ability to "grow to suit" to meet customer demand.


Vertical Farming Industry

The vertical farming industry is relatively new; the concept first being introduced in 1999 by Dr. Dickson Despommier, emeritus professor of microbiology and Public Health at Columbia University. A number of companies have been formed in the intervening years to pursue vertical farming and it is now an accepted method of agricultural production. Vertical farming as a means of production, in addition to providing locally produced fresh crops, helps address environmental, political and food scarcity issues.


The vertical farming industry is rapidly growing and studies indicate the market will increase to $9.9 billion by 2025 with a compound annual growth rate of 22.4% spurred by technological innovations in sensors, environmental controls, and LED technology. Ceres Greens seeks to be a sizeable contributor to this growth and become an industry leader through our technology and commitment to our employees and our customers.


Benefits of Vertical Farming 

Based on Dickson Despommier's book The Vertical Farmthere are many benefits of growing indoors.  Here are just a few:

Ceres Greens is a Service Disabled Veteran Owned Small Business

In September of 2017, Jacob completed the Veterans to Farmers (VTF) Controlled Environment Agriculture (CEA) course in Denver, Colorado.  The experience and mentorship gained in the program renewed our desire to work with the veteran community.  As a company we will seek to provide employment opportunities for veterans to work in this new and growing industry.  As we work to expand into new markets, the company will seek to hire veterans who provide leadership experience, values and important skills that will fit our company culture and help us achieve our mission of providing healthy local food to humanity.


Jacob at Veterans to Farmers in Denver, CO

In the Press

October 5, 2017

Offering Summary

INVESTMENT OPPORTUNITY

Convertible Note 

Note converts to equity when the company raises $1,000,000.00 in qualified equity financing

Maturity Date: May 1, 2019

$10M valuation cap

15% discount rate

8% yearly interest rate

Maximum  $107,000 of convertible promissory notes ($107,000)

Minimum $10,000 of convertible promissory notes ($10,000)


Company
Ceres Greens LLC
 

Corporate Address
21 Metro Way, Unit 8, Barre VT 05641
 

Description of Business
Ceres Greens is a vertical farming company focused on growing and selling leafy green produce.  We are owned and operated as a service disabled veteran owned small business.  
 

Type of Security Offered
Convertible Promissory Notes
 
Minimum Investment Amount (per investor) 
$200.00











Irregular Use of Proceeds

The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Vendor payments.

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Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$8,902.00 USD
$0.00 USD
Cash And Cash Equivalents
$2,941.00 USD
$0.00 USD
Accounts Receivable
$0.00 USD
$0.00 USD
Short Term Debt
$0.00 USD
$0.00 USD
Long Term Debt
$0.00 USD
$0.00 USD
Revenues And Sales
$0.00 USD
$0.00 USD
Costs Of Goods Sold
$0.00 USD
$0.00 USD
Taxes Paid
$0.00 USD
$0.00 USD
Net Income
-$1,198.32 USD
$0.00 USD

Risks

A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.


Updates

Steel Coming!

4 months ago

The steel for our vertical growing structure is on the way and the welders are ready to go!  Follow us on Facebook for updates and photos of the progress!

Notice of Funds Disbursement

4 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Ceres Greens has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Ceres Greens be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Moving In

5 months ago

We've moved in to our new facility in Barre VT and are starting assembly of our growing infrastructure this week!  If you have questions or want to see more let us know or follow us on Facebook!


https://www.facebook.com/Ceres-Greens-171432470000555/


Construction Moving Along

5 months ago

Our construction is continuing forward and starting to look great!  If you ever want a virtual tour let us know!  In this room we can grow up 16ft. high and upwards of 100,000 plants at any time!


Notice of Funds Disbursement

5 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Ceres Greens has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Ceres Greens be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

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