Category: Modern Farmer
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Rise Gardens is best known for its indoor smart farms that are geared towards the average consumer and roughly the size of your average bookshelf. But those living in small spaces may not be able to easily accommodate another piece of furniture, and with that in mind, Rise released a countertop version of its farm…
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Urban Oasis, an indoor vertical farming company based in Sweden, announced today that it has raised 10.5 million Swedish Krona (~$1.22M USD). Investors include Family Offices Pelarhuset, Anteeo, and Yobi Partners Ltd. Founded in 2017, Urban Oasis built its first indoor vertical farm underneath an apartment complex in Stockholm. The company produces a variety of…
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St. Petersburg, Florida-based Thrive Containers officially launched operations this week for its controlled-environment farming technology, a hardware-software system for growing produce out of shipping containers. The company’s first model, dubbed the Ohio Farm Container Model, is built for growing leafy greens, according to a press release sent to The Spoon. Like other companies in the…
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The Abu Dhabi Investment Office (ADIO) announced today it will invest AED 152 million (~$41 million USD) across three ag tech companies to develop new ag tech innovations on land, at sea, and in space. According to a press release sent to The Spoon, ADIO has partnered with U.S.-based Nanoracks, India-based FreshToHome, and UAE-based Pure…
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Arable, which makes tools that collect and synthesize agricultural data, announced today that it raised $20 million in its Series B funding round. This round was led by San Francisco-based Prelude Venture Capital, and brings the company’s total funding to $38 million. I spoke with the CEO of Arable, Jim Ethington, on the phone this…
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Forager, a procurement platform for sourcing local food, announced its partnership with Massachusetts-based Roche Bros. grocery store this week. Over 20 Roche Bros. and its subsidiaries in the Boston Metro area will be implementing Forager’s platform. Forager forms relationships with local farmers, ranchers, fishers, and artisanal producers, and then streamlines the process of getting their…
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BrightFarms has raised a $100 million Series E round of funding for its indoor farms, Food Navigator reported yesterday. The round was led by Cox Enterprises, with participation from Catalyst Investors, and brings the total amount raised by BrightFarms to nearly $213 million. BrightFarms grows leafy greens in its network of indoor farms across Pennsylvania,…
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San Francisco Bay Area-based vertical farming startup Plenty and well-known berry brand Driscoll’s announced a partnership today to grow strawberries year-round via controlled-environment indoor farms. The partnership will use Plenty’s indoor farming technology and incorporate Driscoll’s proprietary genetics for strawberries, according to a press release sent to The Spoon. Plenty hinted at strawberries (and tomatoes)…
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Kalera continues its westward expansion. This week, the Orlando, Fla.-based indoor vertical farming company announced it will open its newest commercial-scale facility in Denver, Colo. in 2021. This will be Kalera’s fifth facility for commercial-scale vertical farms growing leafy greens. The company already operates two facilities in Orlando and is in the midst of constructing…
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Thanks to disruptions in the food supply chain, panic-buying sprees, and the general uncertainty of the times, growing food at home seems like a pretty good idea of late. Trouble is, many consumers don’t have the know-how to cultivate their own leafy greens and other produce in the backyard. Even those who do often lack…
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Revol Greens announced today it has closed a $68 million funding round for its network of high-tech greenhouses the company says will eventually supply 33 million pounds of greens annually to the U.S. The round was led by Equilibrium Capital. According to a press release sent to The Spoon, this brings Revol’s total funding to…
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Berlin, Germany-based vertical farming company InFarm announced today it has raised $170 million in the first close of its Series C round, bringing its total funding so far to $304.5 million. The investment round, a mix of equity and debt financing, was led by LGT Lightstone with participation from Hanaco, Bonnier, Haniel, and Latitude, as…
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