Tag: indoor farming

South Korean indoor ag startup N.Thing nets $26m Series B funding

October 4, 2021

N.Thing said the funds will go towards worldwide commercialization of CUBE, its modular, software-powered vertical farming system.

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.

Brief: Cox Enterprises acquires indoor ag startup BrightFarms

August 19, 2021

The US startup said it plans to build a “national network of new high-tech farms that will accelerate the salad industry’s transition to indoor farming.”

Saltwater ag startup Red Sea Farms raises $16m from AppHarvest, Aramco

August 16, 2021

The startup aims to grow its footprint across Saudi Arabia and the UAE, as well as US regions “where growing conditions are harsh.”

80 Acres CEO reflects on vertical farming post $160m raise: ‘There will be losers with very big names’

August 11, 2021

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.

Indoor agtech startup iUNU acquires pest advisory firm CropWalk

August 10, 2021

CropWalk CEO Charlie McKenzie said that his company’s clients “want us around more often; with iUNU, we can be there all the time.”

Hey Alexa, should I water my lettuce? Telus, Amazon funds back home farm startup Rise Gardens

August 2, 2021

Rise Gardens founder Hank Adams launched the in-home farming startup after finding the economics of large-scale indoor farming too daunting.

Brief: AppHarvest targets 12 indoor farms by 2025 following $91m Equilibrium Capital injection

July 29, 2021

AppHarvest also announced the appointment of former Amazon tech exec Mark Keller to head up its on-farm robotics efforts.

Brief: Infarm plots major Canada expansion with strengthened Sobeys partnership

July 27, 2021

CEO Erez Galonska said the deal “represents one of the largest rollouts of any vertical farming company in North America to date.”

Augmentus raises seed funding for its ‘no-code’ robotics system

July 27, 2021

The Singaporean startup is deploying its robotics platform across multiple industries – including indoor ag, where it streamlines crop inspection and harvesting.

European pension managers go big for indoor ag as Equilibrium closes $1.1bn CEA fund

July 8, 2021

The Portland-based firm has closed its second indoor agriculture fund well beyond its $500 million target.

Brief: Local Bounti agrees $1.1bn SPAC deal backed by Cargill

June 23, 2021

The Montanan startup claims it can offer “superior unit economics” thanks to a “unique hybrid facility configuration” combining conventional greenhouses with vertical farming.

Move over leafy greens: Seedo Corp is cultivating saffron indoors

June 10, 2021

The Israeli company wants to make saffron more accessible and affordable by growing the spice – which is more expensive than gold – indoors with the assistance of technology.

North America’s indoor farms plan to add 500-plus acres over next 5 years: report

June 7, 2021

Artemis, which provides data analytics to indoor farms, has just released its annual ‘State of Indoor Farming’ report based on a survey of 205 enterprises.

Bowery bags ‘biggest-ever’ vertical farming raise with $300m Series C

May 25, 2021

Bowery will use the funding to fuel R&D efforts around new crop varieties like cucumbers, peppers, tomatoes, root vegetables, and tubers.

Pure Harvest is not just a vertical farm, but a ‘veridical’ one, says CEO

May 7, 2021

Fresh off the back of a $60 million growth round in March, the Middle East CEA startup claims it can achieve up to 15x the yield with a tenth of the water of incumbent solutions – and it’s targeting Southeast Asia next.