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Singapore agtech is about to get an investment shot in arm, one that could give the whole world a clearer vision of alternative farming’s role in our future food system. Enterprise Singapore, the government agency committed to startups, said last week it will invest roughly $40 million USD into agtech and aquaculture companies, according to…
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Vertical farming company Fifth Season, which just opened its first commercial-scale farm outside Pittsburgh, PA, announced today the launch of its direct-to-consumer e-commerce platform and a new partnership to assist the company with expansion. Fifth Season’s farm uses hydroponics, AI, and robotics to grow what the company hopes will be 500,000 pounds of leafy greens…
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Agtech investment firm AgFunder announced this week that it has added agtech company SinGrow to its investment portfolio for an undisclosed sum. AgFunder founding partner Michael Dean wrote in a post that SinGrow “isn’t just looking to be another vertical farmer selling leafy greens.” Instead, the company uses a combination of plant biology, hydroponic vertical…
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Chicago-based startup Rise Gardens has raised $2.6 million in seed funding for its indoor grow system, according to TechCrunch. The round was led by True Ventures. Rise is one of a growing number of companies making self-contained indoor farms designed not for mass production of leafy greens, but for the average person’s home or apartment.…
With quarantine keeping us all at home, people are growing plants both for mental health and as a food source. But even if the enthusiasm is there, there are still plenty of pitfalls to accidentally kill your plant friends — overwatering, underwatering, not enough light, etc. For those reasons, plus a growing (ha!) interest in…
Canada-based Elevate Farms has entered into an agreement with North Star Agriculture Corp. for an initial buildout commitment of $10 million (USD) to bring Elevate’s vertical farming technology to isolated parts of Northern Canada. The two companies will develop a series of large-scale automated vertical farming facilities in the Yukon and other Canadian territories. The…
Phytoponics, a UK-based company that designs and deploys hydroponic farming systems, announced this week it had completed a £500,000 (~$627,352 USD) equity financing round. The round was led by existing shareholders with match funding provided by the Development Bank of Wales, according to a brief from AgFunder News. The company designs and manufactures deep water…
Farmshelf, the vertical farming company best known for outfitting restaurants with its high-tech indoor farms, today unveiled its first-ever consumer-facing product, according to a company press release. Dubbed Farmshelf Home, the new product is similar to the company’s commercial model championed by high-profile chefs like José Andrés. It’s roughly the size of a bookcase and…
The Abu Dhabi Investment Office (ADIO) announced today it will invest $100 million USD total in four agtech companies to develop next-generation agricultural solutions specifically for farming in desert environments. ADIO said in a press release sent to The Spoon that it has partnered individually with New Jersey-based AeroFarms, United Arab Emirates-based Madar Farms, Florida-based…
Connecticut farm Farmer Joe‘s Gardens announced today it is partnering with Harvie, an online farm share platform, to pivot and serve people during the COVID-19 pandemic. Pittsburgh, PA-based Harvie connects people online with local farm shares, also known as Community Supported Agriculture (CSAs). By using its service, Farmer Joe’s Gardens can specialize its CSA boxes…
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InFarm is bringing its in-store vertical farming systems to Empire supermarkets across Canada, according to a press release from Empire. The partnership will launch this coming spring and put InFarms’s high-tech farm pods in stores across that country, including at Empire subsidiaries Sobeys, Thrifty Foods, and Safeway Canada. Berlin-based InFarm, which raised $100 million in…
Indoor farming company Gotham Greens today announced the official opening of a new hydroponic greenhouse, this one outside Baltimore, Maryland. The 100,000-square-foot facility is the company’s seventh greenhouse in the U.S., and its first one to grow year-round produce, according to a press release from Gotham Greens. The launch of the Baltimore facility arrives on…