Novel Farming Systems – which includes CEA, aquaculture, and insect production – was the second best-funded agtech category last year, according to AgFunder.
Kalera will instantly expand its global presence by acquiring &ever, which operates vertical farms across Europe, Southeast Asia, and the Middle East.
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.
Rise Gardens founder Hank Adams launched the in-home farming startup after finding the economics of large-scale indoor farming too daunting.
CEO Erez Galonska said the deal “represents one of the largest rollouts of any vertical farming company in North America to date.”
It claims to be the US’s largest indoor farming operation to be certified organic by the USDA – and the country’s leading supplier of fresh herbs.
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.
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.
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 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.
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.
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.
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