Category: Modern Farmer
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The Princeton Vertical Farming Project (PVFP) has shuttered its main farm following the departure of its founder, according to The Daily Princetonian. The vertical farming initiative was founded in 2017 by Paul P.G. Gauthier, then an associate research scholar in plant physiology and environmental plant metabolism at the Princeton. The goal of the project, which…
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Israel-based MetoMotion announced today it has raised a $1.5 million seed round for its multipurpose robotics system called GRoW (Greenhouse Robotics Worker) (via AgFunder). There aren’t a lot of details on specifics of the funding round. According to AgFunder, the team behind GRoW has only said that “a leading Netherlands-based company in the greenhouse industry”…
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Calling all agricultural-focused startups. This week, agri tech VC firm AgFunder announced its forthcoming startup accelerator, GROW, is now accepting applications. GROW is a joint venture between AgFunder and agrifood accelerator Rocket Seeder, and includes backing from the Singapore government through Enterprise Singapore and the Economic Development Bank. The program will work with early-stage startups…
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As more and more startup accelerators enter the food tech space, one trend on the rise is larger entities building out programs to keep a pulse on innovation. Several major CPGs already have programs in full swing around the world, and now, other organizations are starting to develop their own takes on the accelerator model.…
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Vertical farming startup AeroFarms has raised a $100 million Series E round to expand its warehouse facilities that hold massive indoor farms, and explore new types of produce it can grow in those facilities, according to The Financial Times. The round was led by Ingka Group (IKEA’s parent comany), with participation from existing investors Wheatsheaf…
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Poznań, Poland-based company Verdeat announced this week it will launch a Kickstarter campaign in July for its modular vertical farm meant to fit inside apartments, offices, and other non-commercial spaces. Like other indoor hydroponic grow systems, Verdeat is able to cultivate most plants without the use of soil, though unlike a lot of systems, the…
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San Francisco-based vertical farming startup Plenty today unveiled some first glimpses of its new farm, Tigris. According to a press release, the farm will focus on enhancing the flavor of crops as well as widening the variety of fruits and vegetables it and most other vertical farms currently produce. That includes adding not just strawberries…
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Dundee, Scotland-based vertical farming system Intelligent Growth Solutions (IGS) announced today it has raised a £5.4 million Series A funding round led by U.S.-based S2G Ventures, with participation from online venture capital firm AgFunder and the Scottish Investment Bank (SIB). The round accounts for IGS’ total funding to date. As do an increasing number of…
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This is the web version of our weekly newsletter. Sign up to get the best food tech news in your inbox each week! While there are still plenty of questions around what exactly the future of indoor and alternative farming systems looks like, most will agree that tech will play a big role, as more…
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Ocado has thus far made a name for itself in the world of online grocery delivery and fulfillment, but new moves see the company stepping out of the supermarket and into the farm — the indoor farm, to be exact. One such move is Ocado’s announcement that it will partner with Dutch firm Priva and…
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Australian agtech company Vertical Farm Systems (VFS) has raised $1 million for its automated indoor farming technology. Terms of the deal were not disclosed, although company co-owner Ashley Thompson told StartupSmart the investment comes from someone with “significant experience in the agriculture industry.” Based in Queensland, Australia, VFS says its system can take plants from…
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Indoor farming company Seedo announced it will manufacture more than 1,800 of its indoor grow boxes in Q2 of 2019. Seedo’s device is a self-contained, airtight box that looks like a mini-fridge and automates the process of growing herbs and vegetables hydroponically. The device pairs with a smartphone app that lets users choose a grow…
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