“I come across many vertical farming concepts. There are some very interesting developments going on in the market. Especially for investors, because vertical farming is future-focused,” says Jobbe Jorna, Founder and Managing Partner at Upstream Capital. The Amsterdam-based organization advisory boutique is specialized in helping companies realize their full potential …
2020’s Indoor Farm Venture Capital Bonanza
In the face of a dismal year, indoor agriculture saw record fundraising from venture capital and other private investors in 2020. The industry raised US$565mm in 2020. This figure excludes several notable rounds where the amounts raised were not publicly disclosed. New Jersey-based vertical farmer AeroFarms was one of four …
Indoor ag fintech startup Contain Inc raises investment round, adds industry veteran to team
Contain Inc, a fintech platform dedicated to indoor agriculture, today announced that it has closed a round of funding from investors in the US and Europe. They represent investments from indoor agriculture, food and beverage, entertainment and financial industries. The funds will enable further technology development as well as new …
Bowery Farming adds new farm in Bethlehem, PA
“The addition of our new farm to the network is a critical next chapter in our growth,” said Irving Fain, founder and CEO of Bowery Farming. “It will expand our reach and ability to be a reliable source of local produce for more communities. We’re leading the next frontier of …
Vertical farms are not going to create venture level returns
“There is a theory that we have enough food and produce enough food on the planet to feed 10 billion people. The problem is that people don’t know where to put it at what time. I think that the technology that we can bring to bear is all about growing …
Robert Brooks joins Netled as Investor Relations and Communications Manager
“As governments around the world struggle to meet their climate promises new solutions are of paramount importance to society.” Robert Brooks joins Netled as Investor Relations and Communications Manager effective from 15th December 2020. Robert will report to CEO, Niko Kivioja, and is responsible for English-language investor communications and will work extensively …
Insect farming startup raises $9.3M, builds North America’s largest mealworm facility east of Seattle
“Beta Hatch is planning to grow more than insects east of Seattle in Cashmere, Wash. The 5-year-old startup is growing its entire operation and in the process has raised $9.3 million in new funding, the company announced Friday. Founder and CEO Virginia Emery, a PhD entomologist and her team of …
CubicFarms announces $15,000,000 equity financing to support global growth
“Dave Dinesen, CubicFarms’ CEO comments, “We believe that food security is in a global crisis, and COVID-19 has certainly accelerated this crisis. CubicFarms ag-tech solutions can help break this cycle of long global food supply chains, which would allow local chain agriculture to take place nearby where food is consumed. …
New York-based indoor ag company Gotham Greens raises $87 million
BACK TO NEWS “Gotham Greens’ latest round takes the company to a whopping total of $130 million in funding since its launch. Investors in the round included Manna Tree and The Silverman Group.” — Tech Crunch READ MORE AT TECHCRUNCH
Agriculture tech startup iUNU raises $7M for greenhouse computer vision system
BACK TO NEWS “Seattle startup iUNU raised another $7 million to help grow its AI and computer vision tech used in greenhouses.” — GeekWire READ MORE AT GEEKWIRE