
80 Acres CEO reflects on vertical farming post $160m raise: ‘There will be losers with very big names’
In the wake of a $160 million Series B round, 80 Acres CEO Mike Zelkind argues that some valuations in the indoor ag industry are exaggerated.
In the wake of a $160 million Series B round, 80 Acres CEO Mike Zelkind argues that some valuations in the indoor ag industry are exaggerated.
CropWalk CEO Charlie McKenzie said that his company’s clients “want us around more often; with iUNU, we can be there all the time.”
AppHarvest also announced the appointment of former Amazon tech exec Mark Keller to head up its on-farm robotics efforts.
CEO Erez Galonska said the deal “represents one of the largest rollouts of any vertical farming company in North America to date.”
The Singaporean startup is deploying its robotics platform across multiple industries – including indoor ag, where it streamlines crop inspection and harvesting.
The Portland-based firm has closed its second indoor agriculture fund well beyond its $500 million target.
The Montanan startup claims it can offer “superior unit economics” thanks to a “unique hybrid facility configuration” combining conventional greenhouses with vertical farming.
Bowery just closed the biggest-ever vertical farming funding round. Listen to our recent podcast with its CEO Irving Fain here.
Bowery will use the funding to fuel R&D efforts around new crop varieties like cucumbers, peppers, tomatoes, root vegetables, and tubers.
The CEA Food Safety Coalition has launched a new certification for indoor leafy greens growers that takes into account the industry’s specific attributes.
AppHarvest will use the Root AI Virgo robot to help its employees with harvest as well as tidying up around its high-tech greenhouses.
The Newark-based company is set to merge with Spring Valley Acquisition Corp, raising as much as $357 million in gross proceeds at a $1.2 billion valuation.
The Center for Food Safety had petitioned the US Department of Agriculture to cease its certification of hydroponic operations as eligible for the government’s ‘organic’ program.
The Mixing Bowl released its first Indoor AgTech Landscape in September 2019. This is their first update, zeroing in on this evolving ecosystem’s role in addressing challenges facing the entire agrifood value chain.
Two Artemis employees wanted to celebrate some of the incredible women whom they work with and who choose to challenge the agricultural industry, because “a challenged world is an alert world and from challenge comes change.”
The New York startup claims to have doubled its revenue over the past year, selling its leafy greens in 40 US states and across 2,000 retail stores including Whole Foods, Albertsons, Meijer, Target, and Sprouts.
The New York startup ‘upcycles’ organic compounds from unrecoverable vegetable food waste, generating water-soluble, organic hydroponic nutrients for soilless farms.
Plenty will use the funding to build out its new Compton, CA, facility and to research strawberry cultivation alongside new investor Driscoll’s.
Minnesota’s Revol Greens has plans to build new greenhouse facilities in California and Texas – the latter of which could be the world’s largest to date.
The US-based project’s co-founders are creating a networking space for indoor growers, while also aggregating data to establish much needed benchmarks.
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