Agtech innovator gears up for growing demand for its better tasting, sustainably grown greens TORONTO, June 21, 2022 /CNW/ – Vision Greens, a Welland, Ontario-based vertical farm using proprietary growing technology to bring clean, better-tasting greens to consumers, announces today it has raised $7M. Investors are purpose-driven business leaders, including members of the Canadian grocery […]
The Vilnius-based startup, Leafood, has raised €6.45 million in funding to build and operate a network of indoor vertical farms in Lithuania and the greater Baltic region, including Poland in partnership with YesHealth Group. The funding round was led by the founder of organic farm Farmer’s Circle and hospitality hub the Baltic Food Republic, alongside YesHeatlth […]
For the past decade, food insecurity has been a prominent discussion in Singapore as the small city-state seeks to ensure its food supply despite the lack of arable land (Only 1% of land available for food production) and its important reliance on food imports (90% of their food is imported). This situation was only exacerbated […]
During the precedent quarter (Q1 2022 ending 31st of March), we have seen many institutional investors increasing or acquiring positions in indoor vertical farming stocks. Large investors such as BlackRock, Goldman Sachs, JP Morgan, Vanguard Group, and BNP Paribas Asset Management UK have all further invested in the industry thus proving their growing interest as […]
Ontario farmers faced unprecedented challenges following a series of climate hazards, global supply chain disruptions, and important shortages in labor. Recently, Senator Robert Black has pointed out the problems the supply chain had due to labor shortages and vacancies of above 20% as the companies couldn’t find the required labor to fill in the product […]
In an article published on June 6th by David Stevenson on PitchBook, Data shows that Venture capitalists throughout the world further their investment in the vertical farming industry as the sector has already totaled nearly USD 800 million in the first 5 months of 2022 compared to USD 1.2Bn throughout 2021. Nonetheless, the figure is […]
Here are the top 10 indoor vertical farming news of the week: 1- Dubai Hotels Adopt Hydroponic Solutions Within the last two weeks, The Ritz-Carlton Dubai and the Raddison-Blu Dubai Deira Creek Hotel have both announced the installation of modular hydroponic solutions to produce healthy, ultra-fresh, local food. The first hotel chain, the Ritz-Carlton Dubai, JBR is partnering with Green Container […]
Founded in July 2020, GreeenTech is the first in the Czech Republic to produce hydroponic containers, a technological solution to enable local cultivation of vegetables, micro greens and small fruits anywhere in the world. “The company was founded by Karokina Pumprova, Milan Soucek and I with the aim of producing hydroponic growing systems. The main […]
