Category: Vertical Farming
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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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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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That Singapore is a fast-rising superpower in food tech is something that’s become apparent over the last several months. And yesterday, during a SKS 2020 panel on the Asian food tech landscape, the city-state came up in conversation again as an enormously important location to watch when it comes to food innovation and investment. “If…
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Vertical farming startup Plenty announced today it has raised a $140 million Series D round led by Softbank’s Vision Fund 1. The round also included participation from berry producer Driscoll’s, according to a press release sent to The Spoon. The investment brings Plenty’s total funding to date to $541 million. The funding announcement comes mere…
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Rise Gardens announced today it has received an investment from the Amazon Alexa Fund that builds upon a $2.6M seed round Rise closed in May. The amount invested by the Amazon Alexa Fund was not disclosed. According to a press release sent to The Spoon, the deal is both a collaboration and a cash investment…
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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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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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Some final bits of food tech news from ’round the web this week: Wild Type Has a Pre-Order List for Chefs While still a good five years out from commercial production, Wild Type said this week it has opened a pre-order list for chefs wanting to include the company’s cell-based seafood into their dishes. Right…
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NYC-based vertical farming company Farm.One announced today it has launched a mini-farm inside the newly opened Whole Foods Market in Manhattan West. Farm.One custom designed the farm for this location. From a visual standpoint, that means the design matches the Whole Foods’ look, while the physical footprint — 36 square feet — does not intrude…
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There are plenty of reasons food producers are considering indoor agriculture these days, including the potential for better crops and yields thanks to tech integrations and the ability to keep farm workers safer (ie, not laboring in the thick of wildfire smoke). However, to make indoor farming as efficient as possible, and thereby cut down…
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The Kentucky Derby is around the corner! Not that I or many other folks will be physically present for the famed event this year. We will, however, be cooking up some classic Derby fare, courtesy of the internet. Read on for more on that as well as other food tech news bits from the last…
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