As the world population continues to climb, so does the demand for food. With a finite amount of arable land, keeping up on the supply side is a major challenge for farmers located in certain regions of the world.
There’s fun(ding) money growing in the indoor garden.
Grove Labs Inc., a Boston-based startup focused on an indoor home-gardening system, closed a $2 million seed round on Friday. Upfront Ventures led the round, with Felicis Ventures, Vayner/RSE, Galvanize Ventures, and Tim Ferriss joining the round.
As US urban city populations grow, vertical farms are cropping up across the nation.
According to the World Health Organization, city growth is exploding, and putting major food demand on urban areas.