INVEST IN PONIX TODAY!
Ponix’s patented technology for indoor agriculture allows any user to grow fresh crops autonomously, indoors, regardless of season or climate conditions.
At its core, Ponix is a modern farming company committed to providing fresh produce to communities. Currently in the U.S., businesses and consumers spend an estimated $6B on fruit and vegetable markets, $119B on wholesale produce, and $18B on vegetable farming for a total addressable market of $143B. Secondarily, our business also targets the global agriculture equipment market, valued at $155B.*
Ponix has been selected to receive a $5M grant from the Biden-Harris Administration, through the U.S Department of Agriculture (USDA) for Partnerships for Climate-Smart Commodities in efforts to tackle climate-change, food insecurity, and racial injustice via our smart indoor farming technology.
Seeking to establish resilient food systems to cities and municipalities, Ponix is an AgTech and food utility company innovating on indoor farming solutions. Ponix has generated over $550,000 in revenue thus far in 2022, stemming from licensing our proprietary indoor agriculture technology to businesses and operations of our own autonomous smart indoor, vertical farming facilities to produce and distribute fresh fruits, vegetables, and herbs.
Ponix is building resilient food systems by creating innovative agriculture solutions and deploying them to the commercial market where consumers and communities everywhere can utilize our smart farming technology.
Leveraging hydroponics, aquaponics, aeroponics and indoor vertical growing methods, we are able to produce a variety of high-quality, nutrient-rich, crops with minimal resources and no pesticides. Our zero-waste approach uses 99% less fuel, requires 95% less land, and 90% less water compared to conventional soil farming.
The Problem & Our Solution
By 2050 we will need to feed approximately 2 billion more global citizens, however, given that traditional agricultural practices consume 70% of the planet's water and arable land reserves have diminished in recent years, we believe a more sustainable approach is needed in order to ensure food security for future generations.
To respond to these challenges, Ponix has spent the past eight years developing ways to grow food more cost-efficiently, at higher yields, while using minimal resources. Our technology provides a comprehensive indoor farming solution that allows anyone to grow clean, nutritious, and fresh produce year-round in any setting, including urban cityscapes and indoor spaces.
Smart farm facilities established with Ponix can be easily automated, monitored, and controlled with precision, ensuring a consistent supply while also preventing seasonal shortages and related price fluctuations.
The Market & Our Traction
At the heart of Ponix’s operations, we are actively establishing a proof of concept using our own systems to grow and sell fresh produce. Our anticipated flagship 10-acre farm will be based in Atlanta, GA, and is expected to be capable of 22M lbs of produce annually, which has the potential to feed a population of 18,000 daily. No negotiations have begun to purchase the 10-acre facility as of yet.
*Image above features a 3D rendering of the Ponix production facility.
Due to the success we've seen, the company is now seeking to expand into the agricultural equipment sector, potentially licensing our hardware and software commercially to create social impact. At present, Ponix has three fully developed products and four patents filed for proprietary designs. We have also secured a number of strategic partnerships with governmental agencies, NGOs, academic institutions, and HBCUs who are working to roll out our smart farming systems in underserved communities & food deserts and equip tomorrow’s AgTech workforce with future facing solutions.
*Information provided by The Blackout Coalition & the Department of Agriculture, Centers for Disease Control
Ponix has been selected to receive a $5M grant from the Biden-Harris Administration, through the U.S Department of Agriculture (USDA) for Partnerships for Climate-Smart Commodities in effort to expand markets for American producers who produce climate-smart commodities leveraging greenhouse gas benefits of climate-smart production, and providing meaningful benefits to producers, including small and underserved producers. With a partnership with Propel Center, an Apple Inc. and Southern Company-supported HBCU innovation hub, Ponix will lead a coalition to tackle distinct problems in food insecurity, climate change, and racial injustice while expanding markets for climate-smart commodities. (source)
At Ponix, we believe that everyone deserves access to clean, nutritious produce and reliable food resources. Anticipating that supply and production levels are poised to fall short of meeting future demands, it is our opinion that the time to invest in sustainable agricultural technology is now.
As Ponix continues to grow, our vision is to set the standard for the indoor farming industry and expand worldwide by developing franchise opportunities. With your support we look forward to feeding global communities and ensuring that food is an available utility for all. Invest with us today on StartEngine!
Ponix is a food utility company innovating on smart indoor farming equipment and distributing produce grown using the company’s proprietary systems. Ponix has generated over $550,000 in revenue thus far in 2022.
Michael Hyon Choi
CEO & Board Member
Please note Michael does not currently take a salary for his role, please refer to the Company's risk factors section in its offering materials for further details.
Dave Murray, CPA CGMA
CFO | Part-Time
Dave works 5 hours per week on Ponix.
Derek Saunders, Esq.
Legal Counsel | Part-Time
Derek works 1 hour per week on Ponix.
Project Manager | Part-Time
Gigi works 10 hours per week on Ponix.
Account Manager | Part-Time
Taylor works 10 hours per week on Ponix.
Systems Engineer | Part-Time
Benjamin works 15 hours per week on Ponix.
Software Engineer | Part-Time
Ryan works 15 hours per week.
Grants & Partnerships Manager | Part-Time
Juliet works 10 hours per week.
Edward works 1 hour per week.
Cathleen works 1 hour per week on Ponix.
Andrew works 1 hour per week on Ponix.
George Tagg, Jr.
George works 1 hour per week on Ponix.
Ted works 5 hours per week on Ponix.
Maximum Number of Shares Offered subject to adjustment for bonus shares
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209 Edgewood Ave. SE #102, Atlanta, GA 30303
Minimum Investment Amount
Class B Common Stock
Minimum Number of Shares Offered
Maximum Number of Shares Offered
Price per Share
*Maximum number of shares offered subject to adjustment for bonus shares. See Bonus info below.
Friends and Family Early Birds
Invest $1,000 within the first 48 hours and receive 15% bonus shares.
Super Early Bird Bonus
Invest $1,000 within the first week and receive 10% bonus shares.
Early Bird Bonus
Invest $1,000 within the first two weeks and receive an 5% bonus shares.
$500+ | The Planter
Invest $500+ and receive a free Ponix t-shirt.
$1,000+ | The Cultivator
Invest $1,000+ and receive a free Ponix t-shirt + free Ponix Mini home garden + 5% Bonus Shares.
$2,500+ | The Producer
Invest $2,500+ and receive a free Ponix t-shirt + free Ponix Mini home garden + 7% Bonus Shares.
$5,000+ | The Harvester
Invest $5,000+ and receive a free Ponix t-shirt + free Ponix Mini home garden + 10% Bonus Shares.
$10,000+ | The Future Farmer
Invest $10,000+ and receive a free Ponix t-shirt + free Ponix Mini home garden + VIP access to Ponix Harvest Invitational Events + 15% Bonus Shares.
*In order to receive perks from an investment, one must submit a single investment in the same offering that meets the minimum perk requirement. Bonus shares from perks will not be granted if an investor submits multiple investments that, when combined, meet the perk requirement. All perks occur when the offering is completed.
Ponix, Inc. will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.
This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Class B Common Stock at $2.46/share, you will receive 10 additional shares of Class B Common Stock, meaning you'll own 110 shares for $246. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.
This 10% Bonus is only valid during the investor's eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are canceled or fail.
Investors will receive the highest single bonus they are eligible for among the bonuses based on the amount invested and time of offering elapsed (if any). Eligible investors will also receive the Owner’s Bonus in addition to the aforementioned bonus.
Irregular Use of Proceeds
Example - The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Vendor payments and salary made to one's self, a friend or relative; Any expense labeled "Administration Expenses" that is not strictly for administrative purposes; Any expense labeled "Travel and Entertainment"; Any expense that is for the purposes of inter-company debt or back payments.
Atlanta Convenes: IoT/Smart Cities Gamechangers from Around the Globe are Solving the Most Pressing Issues of Our Time // The first Living Lab launch with Ponix occurred on the eve of Smart City Expo Atlanta. The project is a wonderful example of public, private partnerships in action & is support..
We're excited to share that Ponix’s 2022 revenue came in at 310% of 2021. In 2022, we realized over $550,000 in revenue compared to over $134,000 in 2021. We are looking forward to continuing to grow with you and reach our offering max. Spread our campaign with your friends, family, and colleagues and let’s make it happen!
Members get an extra 10% shares in addition to rewards below!
StartEngine Owner’s Bonus
This offering is eligible for the StartEngine Owner’s 10% Bonus program. For details on this program, please see the Offering Summary section below.
Invest $500+ and receive access to a private Discord channel + a free Ponix t-shirt.
Invest $1,000+ and receive access to a private Discord channel + a free Ponix Mini home garden + a free Ponix t-shirt + 5% Bonus Shares.
Invest $2,500+ and receive access to a private Discord channel + a free Ponix Mini home garden + a free Ponix t-shirt + 7% Bonus Shares.
Invest $5,000+ and receive access to a private Discord channel + a free Ponix Mini home garden + a free Ponix t-shirt + 10% Bonus Shares.
The Future Farmer
Invest $10,000+ and receive access to a private Discord channel + a free Ponix Mini home garden + a free Ponix t-shirt + VIP access to Ponix Harvest Invitational Events + 15% Bonus Shares.
Cancel anytime before 48 hours before a rolling close or the offering end date.
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