Netled signs €15 million contract with Oh My Greens to deliver Vera vertical farm to Sweden
Netled and Oh My Greens (OMG) have signed a contract for a three-year investment programme that will see Netled deliver its Vera vertical farm to OMG, a Swedish supplier of potted herbs. The contract was signed in June 2021 and is worth a total of 15 million euros over three years. The contract also includes a five-year maintenance and cultivation consultancy service, and is estimated to be one of the largest turn-key technology deals specifically between technology provider and farm operator in the indoor agriculture market to date.
Grōv Technologies Signs Definitive Agreement with Superior Farms to Bring Sustainability to Ground-breaking U.S. Lamb Production
Grōv's Olympus Tower Farms will provide year-round fresh feed to new Superior Farms "Sheep Discovery Center" in central Utah.
BASF Venture Capital invests in Indian hydroponics pioneer UrbanKisaan
- Startup optimizes sustainable agriculture without soil in tropical climates
- BASF Venture Capital's first investment in this early stage Indian business strengthens AgTech activities in Asia
Increasing Demand for Technological Innovations in Farming is Boosting the Growth of the Vertical Farming Market
A recent report published by Precision Business Insights on Vertical Farming Market provides in-depth analysis of segments and sub-segments in the global as well as regional.
Fluence Partners with BFG to Distribute Innovative LED Lighting Technology to U.S. Growers
Partnership combines BFG's decades-long history serving the green industry with Fluence's leading LED solutions for horticulture
Wells Fargo Innovation Incubator Selects Five Early-Stage Sustainable Indoor Agriculture Companies
The program's ninth cohort will receive non-dilutive funding for research and development at Donald Danforth Plant Science Center and the National Renewable Energy Laboratory
GreenSat Innovation Labs inks MoU with Gramin Vikas Trust & IndiaHub e-Governance to launch a Smart Farmer Producer Organization (FPO) initiative
- The Smart FPO model will provide farmers with complete end to end tech-support through the GreenSat Innovations and IndiaHub app right from gathering information to connecting farmers with financial service providers
- The targeted project size for 2021-22 is 100 FPOs with 500 FPOs planned for each successive year
- GreenSat aims to on-board 5 lakhs, farmers, by March 2022
Hydroponics Market - Global Industry Report, 2025
Hydroponics market is likely to be worth US$12,106.5 mn by the end of 2025 from US$ 6,934.6 mn in 2016. Analysts anticipate that the global market will register a CAGR of about 6.5% between 2017 and 2025
Agro.Club Raises $5M to Accelerate International Expansion of Its Cloud-Based Agriculture Solutions With Embedded Finance
Agro.Сlub enables agriculture input manufacturers and grain companies to significantly improve their commercial effectiveness, better connect with farmers, and support channel partners' business. Deal co-led by Rabo Frontier Ventures and VentureFriends. The company is expanding across Western Europe and the Americas--starting with a launch in Spain and the UK--and rolling out its fintech solutions to more existing markets.
XAG Low-carbon Farm Robots Exhibited at UK's Cereals Agricultural Show
-UK farmers enjoyed leisure-time sitting in deckchairs while drones and robots took on spraying and spreading. That was the joyful scene from XAG's European debut at the Cereals event.
-The autonomous P Series Agricultural Drone and R150 Unmanned Ground Vehicle were on display together with potential to improve yields while reducing carbon footprints.
Shenandoah Growers Appoints Starbucks Veteran as CEO, Postmates Veteran as CFO
-Matthew Ryan, former Starbucks Chief Marketing Officer, named Chief Executive Officer
-Mike Buckley, former Postmates SVP of Business, named Chief Financial Officer
-After serving the company for 20 years, CEO Timothy Heydon to continue as Board advisor
Agworld and Laconik Integrate Product Offerings
New integration features and data layer types are planned for release throughout 2021
Lifeasible Released Tailored Services for Mutation Breeding in Plants
Lifeasible, as one of the most innovating plant breeding companies in the world that offers a wide array of plant breeding services from traditional breeding to modern molecular breeding, now provides tailored services for mutation breeding in plants.
AeroFarms Commences Construction on Its AgX Research Center in Abu Dhabi, UAE
AeroFarms' newest indoor vertical farm will be the largest of its kind dedicated to the latest in Research & Development
Commodities Company Targray Opens International Pulses Trading Desk
Targray has formally announced the opening of an international pulses trading desk. Operating jointly out of Targray offices in Canada, China, India and the United Arab Emirates.
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