Key Takeaways
- IUNU has closed a $20 million funding round led by S2G Investments, with participation from Farm Credit Canada (FCC) and Lewis & Clark Partners.
- Funding will support expansion across North America and Europe, and bolster IUNU’s commercial and engineering teams.
- The company’s LUNA platform offers real-time crop forecasting, labor analysis, and crop steering for vine crops like tomatoes, cucumbers, and peppers.
- IUNU operates in over 100 facilities across 18 countries, integrating with existing greenhouse systems.
- Backers cite IUNU’s strong growth and proven value in addressing productivity and resource management in controlled environment agriculture (CEA).
IUNU Raises $20 Million to Accelerate Greenhouse Technology Adoption
Strategic Investment to Scale LUNA Platform
IUNU (Profile) announced the closing of a $20 million Series round led by S2G Investments, with Farm Credit Canada (FCC) and Lewis & Clark Partners also participating. The funds will support the company’s expansion into high-value agricultural markets and the continued rollout of its proprietary LUNA platform.
This investment enables IUNU to scale operations, grow its engineering and commercial teams, and enhance its market presence in North America and Europe, where demand for efficient, high-output greenhouse production continues to grow.
“This investment accelerates our mission to transform greenhouse agriculture by empowering growers with actionable insights,” said Adam Greenberg, CEO of IUNU.
LUNA: AI-Powered Crop Visibility and Management
Advanced Forecasting, Labor Analysis, and Crop Steering
IUNU’s LUNA platform is the only solution on the market providing plant-level visibility, real-time crop forecasting, and automated labor management specifically tailored for vine crops like tomatoes, cucumbers, and peppers. Key capabilities include:
- Precision yield forecasting: Boosts forecasting accuracy by increasing sampling rates from 0.016% to 10%.
- Automated labor analysis: Uses computer vision to evaluate worker performance in tasks such as pruning and deleafing.
- Dynamic crop steering: Provides daily, compartment-level insights to guide decisions on crop health, balance, and quality.
The platform integrates with growers’ existing control and ERP systems, offering a digital assistant that increases operational efficiency and reduces waste.
Industry Context and Market Traction
IUNU: Addressing Key Pain Points in Greenhouse Production
With global pressures including population growth, climate volatility, and resource constraints, controlled environment agriculture (CEA) is playing an increasingly important role in food production. However, growers continue to face challenges related to labor, productivity, and resource management.
IUNU operates in over 100 facilities across 18 countries and is seeing 330% growth in its vine crop segment, indicating robust market demand for technology-driven solutions. The company has already established a strong foothold in leafy greens and works with major ornamental producers in North America.
“The team has consistently delivered measurable value at a time when greenhouse operators are under pressure from tight margins and growing volatility,” said Cristina Rohr, Managing Director at S2G.
Looking Ahead For IUNU: Scaling in a Complex Agricultural Landscape
Building a Future-Ready Greenhouse Ecosystem
With the new investment, IUNU plans to further expand LUNA’s reach, deepen its technical capabilities, and continue supporting growers in achieving productivity, sustainability, and profitability.
The funding round signals investor confidence in IUNU’s vision, execution, and market scalability, particularly in a time where growers are looking for ways to future-proof their operations.
“Our platform directly addresses the industry’s most pressing operational challenges, offering transformative efficiencies,” added Greenberg.
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