BACK TO NEWS “The resources on offer at the Eagle Lab Farm include a dedicated robotics lab, a demonstration packhouse and a model refrigerated supermarket aisle available for the entrepreneurs and researchers. The Riseholme campus also features traditional test and growing areas, including soft fruit and crop growing facilities” — …
French start-up Ynsect raises $224m to build world’s biggest bug farm
BACK TO NEWS “Ÿnsect, the startup building the world’s most high-tech bug colony, has added $224 million in equity and debt to an already impressive $148 million cash haul as it looks to commercialize its business.” — TechCrunch READ MORE AT TECHCRUNCH
BrightFarms Raised $100M Series E for its Indoor Farms
BACK TO NEWS “BrightFarms has raised a $100 million Series E round of funding for its indoor farms, Food Navigator reported yesterday. The round was led by Cox Enterprises, with participation from Catalyst Investors, and brings the total amount raised by BrightFarms to nearly $213 million.” — The Spoon READ …
Two Growtainers Head to Alabama with Contain Funding
BACK TO NEWS Contain vendor Growtainers recently celebrated shipping two of its container farms to a customer in Alabama. Two Growtainers® to Alabama with funding from #Contain. One is for Mushroom Production and one is for leafy greens. Great transaction, great project. https://t.co/W39XPNeu6x — Growtainers (@growtainers) October 16, 2020
Vertical Farming Startup Plenty Raises $140M in Round Led by SoftBank
BACK TO NEWS “On Wednesday, the vertical farming startup announced that it raised $140 million in a Series D financing round led by SoftBank Vision Fund 1 to help further its plans to help cultivate a more sustainable future.” — Built In SF READ MORE AT BUILT IN SF
Revol Greens raises $68M to build an 80-acre lettuce greenhouse
BACK TO NEWS “Minnesota-based greenhouse grower Revol Greens raised $68 million in a funding round led by Equilibrium Capital, according to a press release. This capital infusion brings the company’s total funding to $215 million” — FoodDive READ MORE AT FOODDIVE
Investors perception: “Cute millennials with a container farm”
BACK TO NEWS “Most investors live in a rule-based world so they have to fulfill a series of criteria in order to sign a lease. A lot of indoor farmers don’t look like what they’ve seen before.” — Nicola Kerslake, Contain Founder, HortiDaily READ MORE AT HORTIDAILY
InFarm raises $170mm in equity and debt to build vertical farming network
BACK TO NEWS “Infarm, the vertical farming company that has built a network of urban farms to grow fresh food closer to consumers, has raised $170 million in new investment in a “first close” of a Series C.” — TechCrunch READ MORE AT TECHCRUNCH
Funding the Indoor AgTech Space
BACK TO NEWS “Lenders don’t work like equity investors or like private investors. They have checklists and black boxes that they use and you are not going to be able to charm them, or impress them with your vision, into committing earlier.” — Nicola Kerslake, Contain Founder, Vertical Farm Podcast …
Saga Robotics raises $11m to develop robo-strawberry pickers
BACK TO NEWS “Saga’s robots improve sustainability in farming by reducing soil compression, CO2 emissions, and production losses due to mildew.” — AgFunderNews READ MORE AT AGFUNDERNEWS