A strategic partnership with Walmart includes putting Plenty’s vertically-grown greens on Californian store shelves this year.
Co-founder and CEO Jason Green discusses its new 250,000-square-foot facility and the importance of the microbiome.
It will use the funding to launch into other countries through partnerships with local players.
The timing of KKR’s vote of confidence is particularly interesting as concerns mount about the future of some vertical farms, but Bowery CEO Irving Fain says it’s a positive inflection point for the industry.
The Dutch VC invested in the 25-year-old tilapia farming company to curb Africa’s reliance on food imports and address skyrocketing protein needs.
The Bandung-based startup plans to launch into other major fish and shrimp farming markets, including China and India.
Focusing on higher yields instead of novel technologies will make vertical farming more productive, he tells AFN.
Infarm is doubling down on its Growing Centres with a target to have 100 across 20 countries by 2030. The Qatar Investment Authority will work with it to build the emirate’s first Growing Centre by 2023.
Novel Farming Systems ventures – which include tech-enabled vertical farms and greenhouses – may be losing their luster for investors.
Better tracking around waste, water, and energy usage could help the CEA industry more accurately measure the sustainability of their operations.
The Hamilton, Montana-based company claims its produce reaches shelves “in record time post-harvest” due to its facility’s proximity to retail partners.
Novel Farming Systems ventures raised a total of $911 million in funding during the first six months of the year, according to AgFunder data.
The US startup embeds “living sensors” in seeds that can signal plant distress, helping to mitigate crop loss and over-reliance on pesticides.
“We’ve spent the money to take the R&D risk away” for vertical farm operators, IGS’s David Farquhar says on the sidelines of COP26.
The indoor soil-based farming company will build new facilities with financing from real estate firm Decennial Group.
The Abu Dhabi-based company will add over 100 crops to its portfolio, as well as new CEA technologies, through its collaboration with PlanTFarm.
David Rosenberg, the vertical ag company’s CEO, said that “proceeding with this transaction is not in the best interests of our shareholders.”
The US startup is growing a plant that can help to reduce the carbon footprint of animal agriculture and become a new ingredient for alt-proteins.
The Trondheim-based startup believes it’s differentiated by its use of on-site edge processing, rather than relying on cloud computing.
Tilapia farming can help feed sub-Saharan Africa’s booming population. But investment in everything from basic infrastructure to technology is needed first.
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