Category: Modern Farmer
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Indoor farming company Fifth Season today announced plans for its first commercial-scale vertical farm, which will open in early 2020 in Braddock, PA, an historic steel town near Pittsburgh. To date, the company — originally founded as RoBotany Ltd. — has raised over $35 million. It incubated at Carnegie Mellon University’s Swartz Center for Entrepreneurship…
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From self-service kiosks to mobile apps to dedicated pickup shelves and portals, there’s no end to new tech trying to speed up the order-pay-collect process for customers at QSRs. But if the last week has made anything clear, it’s that while those pieces certainly play a role in the future of the restaurant, the drive…
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FarmWise announced today that it has raised a $14.5 million Series A round of funding for its autonomous agriculture robots. The round was led by Calibrate Ventures with participation from Wilbur Ellis, Xplorer Capital and Alumni Ventures Group. This brings the total amount raised by FarmWise to $20.2 million. Farmwise builds self-driving robots that use…
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We’ve seen vertical farms make their way into restaurants, hotels, and college cafeterias. Now the concept is getting more popular in grocery stores. This week, UK-based department store chain Marks & Spencer announced a partnership with Infarm to bring vertical farms into M&S food stores. Berlin-based Infarm makes high-tech vertical farming pods that use a…
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Poznań, Poland-based company Verdeat sent a message out today stating the launch of its hydroponic garden system for the home has been delayed one week, until September 17. When it finally arrives, Verdeat’s product will be an indoor hydroponic grow system controlled by a smartphone app and designed to fit inside your house or apartment.…
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Bee Vectoring Technologies (BVT), a Toronto-based startup that uses bees to deliver pesticides, got a nice regulatory boost this week when the U.S. Environmental Protection Agency (EPA) approved the company’s fungicide for use on commercial crops. This also marks the first time the EPA has approved any product for delivery by bees. Clonostachys rosea CR-7,…
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Nectar, the startup that creates IoT sensors and software for more precise commercial beehive management, has raised a $1.1 million CAD (~$824,000) seed round of funding. According to Betakit, which first reported the story, “The round was led by Interdomus Capital, and saw participation from Real Ventures, Upper Canada Equity Fund, First Stone Venture Partners,…
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Advanced Farm Technologies (AFT), an agtech robotics startup, has raised a $7.5 million Series A round of funding led by Yamaha Motor Ventures & Laboratory Silicon Valley (“YMVSV”), the strategic business development and investment arm of Yamaha Motor Co., Ltd., with participation from Kubota Corporation, Catapult Ventures, and Impact Venture Capital. This brings the total…
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CropX, a Tel-Aviv based soil analytics startup, announced today that it has raised $10 million in new funding (h/t Axios Pro Rata). According to the press announcement new investors include strategic partner Sumitomo Corporation Europe, Armada Investments and TaL Capital, which joined existing investors such as Finistere Ventures, Germin8 Ventures, GreenSoil Investments, Innovation Endeavors and…
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There are lots of reasons that buying local food is better. It’s better for the environment, better for the community, and better tasting. But for restaurants and retailers, buying locally sourced food may not be easier. That’s why Farm’d created a B2B marketplace to connect those food buyers with local food growers. The premise is…
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Greetings from the South, ground zero for sweet tea, land of unrelenting humidity, future home of a massive new vertical farming operation. This week, an Orlando, FL-based company called Kalera (formerly Eco Convergence Group), announced that it has broken ground on a semi-autonomous vertical farming facility that will produce 5 million heads of lettuce each year,…
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Vertical farming company Eco Convergence Group announced this morning it has officially rebranded as Kalera. The Orlando, FL-based company, best known for its HyCube grow system, also said it has broken ground on what will be the largest vertical farm in the Southeastern United States, growing 5 million heads of lettuce annually. Speaking on the…
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