Category: Vertical Farming
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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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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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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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Berlin-based vertical farming company InFarm said it has raised a $100 million Series B investment. This round was a mix of debt and equity and led by Atomico, with existing investors Balderton Capital, Astanor Ventures, Cherry Ventures, and TriplePoint Capital participating. This brings the total amount raised by InFarm to $134 million. InFarm is among a…
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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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Urban indoor farming company Square Roots announced today it has teamed up with Gordon Food Service, a food service provider and distributor in North America. According to a press release (sent via email), the partnership will give Square Roots the chance to expand its farming footprint significantly while making locally grown produce more widely available.…
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