LED technology company Rift Labs has launched a new brand Photosynthetic, offering lighting solutions that aim to improve yield and quality of the product, reduce production costs and help growers achieve profitability.
Photosynthetic offers the following solutions:
- Self-contained R&D Lab for plant science and growth optimization
- Tailored lighting solutions for production (both static and dynamic options)
- Farming management software (cloud-based), including AI and machine learning features
An important part of the offering is Rift Labs' patented LED technology, which involves the use of complex mathematical models for mixing light, enabling extremely precise control and consistent, high-quality lighting across all intensities, temperatures, and wavelengths. By fine-tuning and automating all inputs and outputs, using an optimized spectrum with intensity limited to the precise amount of light a plant can absorb at a given time in its life cycle, growers will be able to reduce energy costs, achieve higher yields, and improve the product for the consumer.
"We want to make it easier for growers to understand how different growth conditions and lighting setups impact their crops and make use of these insights to make the right technology decisions, optimize production processes, produce more at higher quality, and save energy and labor. We are extremely excited to launch Photosynthetic as a new brand and growth platform," says Halvard Aagaard, CEO of Rift Labs.
Photosynthetic primarily targets vertical farms, industrial greenhouses, and other growers, but the solutions will also be relevant for anyone working with plant science, such as universities, research institutions, and even within the pharmaceutical and cosmetics industries.
Raised ~$5M in funding
Rift Labs has raised a significant amount of capital to enter this market and have been working with partners ONNA (vertical farm) and Crayon (cloud technology provider) since autumn 2020 to develop Photosynthetic's solutions through several projects which have been supported by Innovation Norway, The Norwegian Research Council and RFF Viken.
"The solutions from Photosynthetic have the potential to become an exciting breakthrough not just in agriculture, but for the whole food production system," says customer Reinier Wolterbeek, Interim CEO & CPO of ONNA, Large Scale Vertical Farm.
For more information:
Øyvind Hasund Dahl, Chief Revenue Officer
[email protected]
www.photosynthetic.com