Citi reports hidden costs associated with the food industry are estimated to stand at $11.9 trillion, almost $2 trillion higher than the industry’s current market value, underlining the urgent need to address the food industry’s outsized impact on the environment, climate, and its potential adverse effects on the health and welfare of the global population. […]
Industry expert brings more than 30 years of greenhouse experience to the role. Green Life Farms announced in their latest press release, the appointment of Brett Stanley as the Head Grower at Green Life Farms’ Babcock Ranch facility. Most recently, he served as Head Grower for Moss Hill Foliage in Apopka, Florida. Mr. Stanley joins […]
GE Current, a Daintree company, shortens its name to Current and acquires Hubbell Lighting to increase the range of products and distribution capacity. GE Current, a Daintree company, has changed its brand name to Current and acquired Hubbell’s Commercial & Industrial Lighting. “These are two iconic brands coming together and creating value with their synergy,” […]
Agtech Veteran and Visionary Business Leader to Take Unfold into its Next Chapter of Growth. In a press release, Unfold announced Sonia Lo has been appointed President and Chief Executive Officer, and a member of the company’s Board of Directors, effective immediately. She takes over from John Purcell, who will remain with Unfold but who […]
The Forward Fooding AgriFoodTech MENA region report, developed in partnership with NEOM, a mega-project in northwest Saudi Arabia considered an accelerator of human progress and a vision of what Humanity’s future may look like, outlines the progress of the AgriFoodTech ecosystem in the Middle East & Wider region as well as the leading companies driving […]
As per a recent press release, the Exelon Foundation and Exelon Corporation (Nasdaq: EXC) have selected nine startups to receive funding as part of its Climate Change Investment Initiative (2c2i), a 10-year, $20 million initiative that focuses on start-ups with bright ideas and clean energy and environmentally sustainable technologies with the potential for wide-scale impact. […]
In 2018, Crop One and Emirates Flight Catering (EKFC) announced that they will co-invest USD 40 million to build the world’s largest vertical farming facility near the Al Maktoum International Airport at Dubai World Central. Upon completion, the vertical farm facility was estimated to cover 130,000 square feet and produce the equivalent of 900 acres […]
Authors: Verna Chen, Natalie Radu Founded by Ali Daniali in April 2021, HRVSTS distributes food grown indoors that is managed from seed to delivery. The company utilizes Amazon Web Service technology to virtually connect buyers across a network of farmers and provides a sustainable way to distribute food, promoting efficiency and profitability. Ali visualizes his […]
The announcement of a free trade agreement between New Zealand (NZ) and the European Union (EU) is warmly welcomed across the NZ horticulture exporting landscape as shared by a recent press release. The horticulture industry in New Zealand and other countries has faced challenges due to the various lockdowns, global supply chain disruptions, and energy […]
Funding takes total capital raised to-date to $387.1 million, fortifying the UAE-based company’s position among the best-funded startups in the MEASA region. Ambitious growth plan includes high-tech hybrid smart farms across the GCC and Asia. A diverse, global investor base supports Pure Harvest’s mission to democratize access to high-quality, sustainably-grown, fresh fruits and vegetables. Pure […]
