Brief: AppHarvest targets 12 indoor farms by 2025 following $91m Equilibrium Capital injection
AppHarvest also announced the appointment of former Amazon tech exec Mark Keller to head up its on-farm robotics efforts.
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.
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.
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 will use the funding to fuel R&D efforts around new crop varieties like cucumbers, peppers, tomatoes, root vegetables, and tubers.
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.
The Canadian company is testing its HydroGreen indoor forage-growing technology with a major beef and dairy operation in Wyoming.
Madar Farms is one of several indoor ag operations that the UAE – which imports 80% of its food – has invested in to boost domestic production.
Oishii is growing strawberries in vertical farms with the help of bees – and founder Hiroki Koga is taking his cue from none other than Elon Musk.
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.
It offers a ‘plug-and-play’ hydroponic growing system that can produce as much food as 2,000 acres of farmland, according to the Richmond, Virginia-based startup.
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.
Denmark’s Nordetect wants to help CEA startups get a better glimpse of their nutrient use without waiting weeks for a lab test result.
With backing from Sony and other investors, US-based Oishii grows the berries indoors using ancient Japanese farming practices.
Infarm CEO Erez Galonska declined to comment on rumors that the startup has retained perennial IPO underwriter Goldman Sachs to help it raise more funds.
The new growing center takes six weeks to construct and can produce the equivalent of up to 10,000-square-meters of farmland, according to InFarm.
AppHarvest is the first CEA tech company to go public in the US, and is one of just a handful of agrifoodtech startup IPOs to date.