Category Archives: AgTech

BREAKING: Intelligent Growth Solutions Raises £5.4m Series A with S2G, AgFunder, SIB for Breakthrough Vertical Farm Tech

We’re excited to announce that Intelligent Growth Solutions (IGS), a Scottish vertical farming tech provider, has raised £5.4 million in Series A funding. The round was led by leading agri-foodtech investor S2G Ventures as well as AgFunder and Scottish Investment Bank (SIB).

InFarm Joins Vertical Farming Pantheon With Titanic $100m Series B

Berlin-based portable vertical farm startup InFarm on Tuesday disclosed a vast Series B raise of $100 million, bringing its total funding to over $134 million. The raise dramatically eclipsed the big vertical farming news from Britain’s Ocado, which had forked out $22m just a day before as part of a majority stake buyout of JFC, as well as for its new joint venture Infinite Acres.

Farm Tech & Supply Chain Tech Drive $1.6bn in Funding to European AgriFood Tech Startups in 2018

Europe's agrifood tech ecosystem raised just 9% of the funding that went to foodtech and agtech startups globally in 2018. But deal activity increased 23% as agrifood tech startups in the region closed a similar number of deals as in the US.

Red Sea Farms Raises $1.9m to Grow Tomatoes in the Desert Using Saltwater

Red Sea Farms, a Saudi Arabian startup developing saltwater-tolerant crops and saltwater-based greenhouses in the Middle East, has secured $1.9 million in funding.

The startup raised funding to build a 2,000 square meter saltwater greenhouse in Saudi Arabia comes from the country’s King Abdullah University of Science and Technology (KAUST) Innovation Fund and the Research Products Development Company (RPDC).