Category: Modern Farmer
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Swedish vertical farming company Grönska announced today it has raised 20.5 million SEK (~$2.4 million). Investors in the round include 82an Invest, PEAS Industries, Rite Ventures, Martas Explorers, Daniel Sachs AB, and Investor Group led by Tectonic Shift. There are two different parts of Grönska’s business. The company grows leafy greens in a fully controlled…
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Vertical farming company Oishii has raised $50 million in Series A funding, according to a press release sent to The Spoon today. The round was led by SPARX Group’s Mirai Creation Fund II, with participation from Sony Innovation Fund, PKSHA Technology, Social Starts, and several angel investors. It brings Oishii’s total funding to date to $55…
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Nordetect, a Danish startup that provides portable nutrient testing for indoor and vertical farms, announced yesterday that it has raised a $1.5 million round of Seed funding. The round was led by Luminate NY with participation from Rockstart, SOSV (HAX), PreSeed Ventures and Vækstfonden (The Danish Growth Fund). The company was founded in 2016 and…
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“Farm-to-phone” grocery platform Cropswap today announced a partnership with Nourish LA to bring healthier food donations to underserved residents of Los Angeles. Food insecurity, which the USDA defines as “the limited or uncertain availability of nutritionally adequate and safe foods, or limited or uncertain ability to acquire acceptable foods in socially acceptable ways,” has increased…
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U.K.-based Wefarm announced today it has raised $11 million in Series A funding for its knowledge-sharing platform for small-scale farmers. The round was led by Octopus Ventures with participation from new and existing investors including True Ventures, Robo Frontier Ventures, LocalGlobe, June Fund, and AgFunder. The investment brings Wefarm’s total to $32 million. The company…
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Vertical farming company Plenty today announced an expansion to 17 more Safeway stores across Northern California, as well as a new tech feature that lets shoppers text Plenty’s farmers directly. According to a press release sent to The Spoon, the Northern California expansion is part of the multi-year deal between Plenty and Safeway parent company…
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GoodLeaf Farms announced this week it has raised more than $65 million from food manufacturer McCain Foods and is set to embark on “an aggressive growth and expansion plan” for its network of vertical farms, according to an email sent to The Spoon. Based in Ontario, Canada, GoodLeaf grows leafy greens inside a controlled-environment vertical…
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Demetria, a startup that promises to automate the analysis and grading of coffee beans, came out of stealth yesterday and announced that it has raised $3 million in seed funding. The round was led by Celeritas and a group of private investors including Mercantil Colpatria, the investment arm of Grupo Colpatria. As coffee beans move…
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NYC-based Gotham Greens today announced its plans to expand its controlled ag operations to the West Coast with a 10-acre greenhouse in Solano County, California. The forthcoming facility will be located near the University of California-Davis, with whom Gotham will collaborate on future greenhouse research and innovation. Gotham, which currently operates greenhouses in New York,…
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Vertical farming company Kalera announced this week it has acquired Vindara, a company developing seeds specifically for the indoor vertical farming environment and other controlled environment agriculture methods. With this acquisition, Kalera says it can increase both crop yield and the speed of growth cycles in its current and future facilities. Kalera currently has two…
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Driscoll’s announced last week that it will be using Consumer Physics‘ SCiO technology to improve the sweetness of the berries it sells. Before we get into the technology, it’s good to understand how Driscoll’s works. As Brie Reiter Smith, Driscoll’s Director of Quality Systems Design, explained to me by phone this week, Driscoll’s has roughly…
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InFarm, a company best known for bringing modular hydroponic farming units to grocery stores, today introduced its Growing Center facility, a combination high-capacity farm and distribution center. The company plans to build out 100 of these facilities by 2025 in major cities all over the world, with the total amounting to 1.5 million square meters…
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