Kalera, a vertical farming company today announced the acquisition of Vindara Inc., a company that develops seeds specifically designed for use in vertical indoor farm environments as well as other controlled environment agriculture (CEA) farming methods.
Vindara, based in Research Triangle, NC, uses genomics, machine learning, and computational biology along with traditional breeding methods to meet the market need for produce that is non-GMO, nutritious, high-yielding, and delicious. Vindara will be a fully owned subsidiary of Kalera and will operate out of Kalera’s headquarters in Orlando, Florida where Dr. Jade Stinson will continue in her existing role as Co-Founder and President.
“Kalera has always focused on being the most technologically advanced player in the vertical farming industry. With the addition of Vindara’s data-driven methodology, we will be the first vertical farming company with the ability to develop its own plant varieties bred specifically for indoor farming conditions. Our acquisition of Vindara complements our overall science-driven and innovation-leading value proposition. This investment represents an important strategic opportunity to increase revenue options to Kalera while reducing its cost of materials and reducing our cycle times given Vindara’s competitive advantages,” said Daniel Malechuk, CEO of Kalera.
Kalera currently operates two growing facilities in Orlando, and is building facilities in Atlanta (Georgia), Houston (Texas), and Denver (Colorado), which will open in 2021 along with additional facilities underway in greater Seattle (Washington), Honolulu (Hawaii), and Columbus (Ohio).