Tag: controlled environment agriculture

Vertical farming operator Kalera pursues SPAC listing at $375m valuation

February 1, 2022

The deal with Nasdaq-listed SPAC Agrico Acquisition Corp is expected to close in the second quarter of 2022.

Plenty raises $400m from Walmart, others in vertical farming’s largest funding to date

January 25, 2022

A strategic partnership with Walmart includes putting Plenty’s vertically-grown greens on Californian store shelves this year.

Q&A: Upward Farms wants to attract more microbes to vertical ag environments

January 24, 2022

Co-founder and CEO Jason Green discusses its new 250,000-square-foot facility and the importance of the microbiome.

Korean ‘smart farm’ startup GreenLabs targets global expansion following $140m mega-round

January 21, 2022

It will use the funding to launch into other countries through partnerships with local players.

Meet the founder: Dream Harvest’s Zain Shauk thinks vertically farmed crops ‘make business sense’

December 28, 2021

Focusing on higher yields instead of novel technologies will make vertical farming more productive, he tells AFN.

Better tracking of water, energy use needed to avoid greenwashing – CEA census

December 2, 2021

Better tracking around waste, water, and energy usage could help the CEA industry more accurately measure the sustainability of their operations.

Brief: Local Bounti completes $1.1bn SPAC merger to become latest listed CEA company

November 23, 2021

The Hamilton, Montana-based company claims its produce reaches shelves “in record time post-harvest” due to its facility’s proximity to retail partners.

Data Snapshot: Bowery’s $300m round tops H1 2021 Novel Farming Systems deals

November 10, 2021

Novel Farming Systems ventures raised a total of $911 million in funding during the first six months of the year, according to AgFunder data.

Shenandoah Growers rebrands as Soli Organic with $120m to build more soil-based indoor farms

October 28, 2021

The indoor soil-based farming company will build new facilities with financing from real estate firm Decennial Group.

UAE indoor farmer Pure Harvest nets $65m to fund Asia expansion

October 28, 2021

The Abu Dhabi-based company will add over 100 crops to its portfolio, as well as new CEA technologies, through its collaboration with PlanTFarm.

Brief: AeroFarms & Spring Valley terminate $1.2bn SPAC deal

October 18, 2021

David Rosenberg, the vertical ag company’s CEO, said that “proceeding with this transaction is not in the best interests of our shareholders.”

FYTO: The startup growing protein with robots to decarbonize agriculture

October 14, 2021

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.

Artemis acquired by iUNU in continued CEA rollup creating $50m+ contracted revenue company

September 27, 2021

Artemis and iUNU will explore opportunities to offer more financing solutions to their CEA customers after the deal completes.

Indoor ag startup Iron Ox closes $53m round led by Breakthrough Energy

September 22, 2021

It will use a chunk of the funding to open its largest facility yet: a leafy greens and berries-focused greenhouse in Lockhart, Texas.

Cargill & AeroFarms talk indoor cocoa production

September 6, 2021

They’re hoping the insights they derive will revolutionize outdoor production, too.

Novel Farming Systems top funded startups 2020

Data Snapshot: Insect ranches, vertical ag among 2020’s top-funded ‘Novel Farming’ startups

August 26, 2021

Novel Farming Systems – which includes CEA, aquaculture, and insect production – was the second best-funded agtech category last year, according to AgFunder.