1st July 2022
Economy Funding Round Markets

New Funding Rounds Sends VC Activity To USD 1.1Bn in Vertical Farming

Good morning readers, recession looms closer as the US shows the first sign of an economic slowdown, the latest report on food innovation and investment opportunities, new funding rounds sends VC activity to USD 1.1Bn, and much more! Here are 5 things to know before this week’s opening bell! 1- US Data Shows First Signs […]

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Economy

Inflation in The US Hits 8.6% While Food Index Hits 10.1%

The Consumer Price Index for All Urban Consumers (CPI-U) increased 1.0 percent in May on a seasonally adjusted basis after rising 0.3 percent in April, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 8.6 percent before seasonal adjustment. The increase was broad-based, with the indexes […]

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Americas Economy

New HBCU Agribusiness Innovation Center at NC A&T State University

The U.S. Department of Agriculture announced today a $1.92 million investment to establish an Agriculture Business Innovation Center at North Carolina Agricultural and Technical (NC A&T) State University, a Historically Black College and University (HBCU) located in Greensboro, North Carolina. “This new innovation center will serve as a technical assistance hub to enhance agriculture-based business […]

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Americas Economy Urban Farming

USDA Grants $43 Million for Urban Agriculture and Innovative Production

Funding is the First Part of a $75 Million Investment to Support a Fairer Food System and Expand Access to Nutritious Food WASHINGTON, June 3, 2022 – The U.S. Department of Agriculture (USDA) announces significant investments to support urban agriculture, including $43.1 million for grants and cooperative agreements as well as six new urban county committees […]

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Economy EMEA Markets

Two New USD 84 Million Projects Awarded In Abu Dhabi

To ensure the country’s food security, the UAE have taken several actions in recent years to further its resilience. After launching the Food Tech Valley business park, setting plans to build the largest indoor vertical farms in Abu Dhabi and near the Dubai Expo site, the country has taken extra steps by awarding two new USD […]

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Corporate Economy

Supply Chain Bottlenecks Are Affecting All Industries But What About Indoor Farming?

Since the start of the vaccination program, there have been rising concerns regarding shortages in crucial materials. Iron, microchips, food and even drivers are missing in all industries and, experts expect companies such as Whirlpool to increase their production cost by $1Bn for this fiscal year.   The worst part, thinking that the bottom of […]

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Economy Laws & Regulations

Green Bonds: A Saviour To Planet’s Faith?

Since the Paris agreement of 2015, ESG Bonds (Environmental, Social and Governance bonds) and other Green Bonds, became increasingly important as a financial instrument and used in sustainable projects throughout the world. As most of the current industries need to reshape or re-engineer their production processes to meet the SDG’s goals, it offers opportunities for […]

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Economy Vertical Farming

Emmanuel Macron Aims For a “3rd Agriculture Revolution” In a Bet To Transform Farms In Tech Startups

With less than a month to go before France’s presidential campaign where the current president Emmanuel Macron, eyes for a second mandate, agriculture is perhaps the one sector that the candidate wants to shake up. Indeed, in recent campaign meetings and interviews, the president has emphasized his desire to transform current French farms into tech […]

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Economy

Inflation Leads To Inflated Revenues, Watch Out For Upcoming Financial Results

Countries are facing unprecedented inflation rates, fueled by the yet-to-recover pandemic effects and the rising energy costs due to tensions between Russia and Ukraine. The United States just confirmed the highest Consumer Price Index increase since January 1982 (7,9% for the month of February), Germany witnessed a 5.1% increase, the Netherlands registered a 7.6% increase […]

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