Bowery, Plenty announce strawberry plans on same day as competition heats up
Bowery has started selling strawberries, while Plenty and Driscoll’s plan to commence production of the fruit for the Northeastern US.
Bowery has started selling strawberries, while Plenty and Driscoll’s plan to commence production of the fruit for the Northeastern US.
The startup recently raised $10 million in a seed round led by Acre Venture Partners.
Bowery announced its acquisition of robotics startup Traptic last week. Here, AFN analyzes the deal and what it means for the wider indoor ag space.
The Federal Advisory Committee for Urban Agriculture includes several entrepreneurs and experts from the world of agrifoodtech.
The deal with Nasdaq-listed SPAC Agrico Acquisition Corp is expected to close in the second quarter of 2022.
Focusing on higher yields instead of novel technologies will make vertical farming more productive, he tells AFN.
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.
The indoor soil-based farming company will build new facilities with financing from real estate firm Decennial Group.
N.Thing said the funds will go towards worldwide commercialization of CUBE, its modular, software-powered vertical farming system.
Artemis and iUNU will explore opportunities to offer more financing solutions to their CEA customers after the deal completes.
It will use a chunk of the funding to open its largest facility yet: a leafy greens and berries-focused greenhouse in Lockhart, Texas.
They’re hoping the insights they derive will revolutionize outdoor production, too.
Novel Farming Systems – which includes CEA, aquaculture, and insect production – was the second best-funded agtech category last year, according to AgFunder.
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.”
The startup aims to grow its footprint across Saudi Arabia and the UAE, as well as US regions “where growing conditions are harsh.”
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.”
Rise Gardens founder Hank Adams launched the in-home farming startup after finding the economics of large-scale indoor farming too daunting.
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International Fresh Produce Association launches year 3 of its produce accelerator