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Investors focus on indoor vertical farming to counter climate instability

The vertical farming industry has taken off with the dramatic drop in LED lighting prices over the last decade, and investors are taking note, just as an array of influences, including the climate crisis, drive up interest in locally-produced food delivered via shorter, more reliable supply chains.…

Kenya: Help agtech to improve local production through aquaponics

Vihiga County, Kenya has a growing population in a tropical climate with limited resources which are becoming more strained with their increasing population and changes in their climate. 62% of the population is living in poverty. An aquaponics system has been implemented by Treefrog Aquagric to minimize…

Kalera secures $30 million credit facility

Kalera AS announced that it has secured a ten-year, $30 million Senior Secured Credit Facility with Farm Credit of Central Florida to support capital expenditures and working capital needs of the Company across the entire United States. The credit facility was entered into by Kalera Inc. a United…

Dutch aquaculture company secures €75m loan facility to fund expansion

The Kingfish Company has entered into a Senior Facilities Agreement with P Capital Partners AB for a five-year ESG-linked €75million bilateral debt facility.  “With funding secured…

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UK start-up raises $16m to expand insect mini-farms

UK-based ag-tech start-up Better Origin has raised $16m to help expand its hyperlocal, automated, and easily installed mini-insect farms. The company has created decentralized mini-farms, which take local food waste from supermarkets and convert it into high-quality, sustainable animal feed, removing the…

US: Vertical Harvest raises $8.35 million

Vertical Harvest, a US vertical farming company is shaping a new model of civic infrastructure in the U.S. with urban indoor vertical farms co-located with affordable housing all while creating jobs for the underemployed.  The company is poised to scale, breaking ground on its second U.S. location in Maine…

Insights from the Indoor AgTech summit's investors

Key investors from Catalyst Investors, Ceres Partners, CITI and Equilibrium will be joining the Indoor AgTech Innovation Summit in New York (June 23-24) to discuss the right type of finance to grow the industry and opportunities for collaboration and success stories. Below, speakers will shortly talk…

CAN: EMRG buys aquaponic farming technology and appoints president

Emergence Global Enterprises has purchased automated vertical farming technology from O’ Grow Investments of Edmonton, AB to expand its recent purchase of its Aquaponics…

Urban Farming Partners Holding attracts new investor

Urban Farming Partners (FPH) will team up with Executive Capital Group (ECG) as the new investor in the startup.  With UFPH entering into a new phase of business, we require new expertise in the board of UFP, since there is a shift from concept development to strategic management. Therefore, Wouter Vos will…

Gardyn

Gardyn raises a $35 million

Gardyn is raising a $35 million Series B financing round headed by JAB Ventures. Upon completion, the non-controlling investment will bring Gardyn’s total funding to date to $55 million, fueling Gardyn’s rapid expansion as it continues to reinvent the current food system to one that is more sustainable, healthier, and addresses…

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SupPlant raises $27M to improve irrigation recommendations

SupPlant has raised $27M to accelerate its intention to digitally inform irrigation recommendations. The round is led by Red Dot Capital Partners with participation from Menomadin Foundation, Smart-Agro Fund, Mivtah Shamir, Deshpande Foundation, PBFS and Maor Investments. The round brings SupPlants’s…

AI agtech company raises $24 million Series B

IUNU has raised an oversubscribed $24 million Series B round of financing led by Lewis & Clark AgriFood. Existing investors S2G Ventures, Ceres Partners and Astanor Ventures also participated. This funding will be used to accelerate the company’s growth plans, specifically around global sales expansion…

German agtech raises €150k with new funding round, hoping for €500k

Mana Farms, a startup from Leipzig, Germany, researches and develops hydroponic indoor farming systems, especially for the hospitality industry. Under optimal conditions, salads, herbs, and microgreens are grown right in front of the guests. In this way, restaurants score points for freshness, quality,…

Future Crops announces new investment round, led by Tencent

Future Crops announces a new investment round led by Tencent to accelerate growth. The Israeli-Dutch venture, Future Crops has developed advanced vertical farming that uses a unique soil-like substrate to better reproduce the natural environment. Researchers from Israel’s Agricultural Research…

Surna Cultivation Technologies signs $2.1 million contract

CEA Industries  subsidiary, Surna Cultivation Technologies  announced it earned yet another multi-million-dollar contract. “We are pleased to announce a signed contract for $2.1 million…

Interstellar Lab raises $5M to build closed-loop systems in space and on Earth

Interstellar Lab, a Los Angeles and Paris-based tech startup that is developing controlled-environment pods for crop cultivation on Earth and life-support in Space, has raised $5 million in a seed round with investment from Urania Ventures, Auxxo, 7percent Ventures, Seldor Capital, E2MC, Kima Ventures,…

Singapore insect-based foodtech firm raises $2m in debt funding

Singapore-based Protenga, a biotech company, has raised US$2 million in debt funding from a clutch of investors. Protenga develops insect tech to foster a sustainable,…

OneFarm

Ethical investors offer to finance construction of vertical farm in Suffolk, UK

Abundance Investment has launched an offer to invest in ‘OneFarm’, a company on a mission to transform the way we grow fresh, nutritious and tasty food. The investment, part of a consortium including Suffolk County Council (in partnership with the New Anglia Local Enterprise Partnership), will finance…

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What is the future of the Metaverse for indoor agriculture?

A world reinvented via a virtual lens is becoming a more enticing reality of our time. The virtual reality market is growing fast and clocked in at $4.8 billion in 2021 and is only going up from there with the market projected to reach $12 billion by 2024. The Metaverse, a network of 3D virtual worlds…

Growing with the community

Farm.One is currently running a crowdfunding campaign to complete the construction of their neighborhood farm and to increase grow space, to serve 2,500 of weekly subscribers. At this point, the farm is already delivering to hundreds of customers out of the facility, and the buildout will complete the events- and retail space.…