05/07/2021
3 Innovative Smart Farming (Vertical Farming) | Future of Farming
What is Smart Farming? Top 3 Amazing Vertical Farming:
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● 1. AeroFarms
iAeroFarms Inc. secured $20 million in a Series B round of venture funding, paving the way for its 70,000 square foot facility in Newark, New Jersey, which it says could produce 2 million pounds of food a year.
The world’s largest indoor vertical farm is well on its way to producing millions of pounds of food a year while using less water. Last December, AeroFarms Inc. secured $20 million in a Series B round of venture funding, paving the way for its 70,000 square foot facility
● 2. Plenty
brought the farm indoors to create a better future for people and our planet. We need to triple the production of fruits and vegetables if we want to provide a healthy diet to everyone on the planet.
From leafy greens to strawberries - Plenty is a vertical farm that grows flavorful, craveable produce. So good that you will want to snack on it! By growing fruits and vegetables our way, we can make people and the planet healthier. Flavor unlocks it all.
● 3. Bowery Farming
Indoor farming startup Bowery announced today it has raised an additional $50M in an extension of its Series B round. This comes just nearly 11 months after it raised $90 million in a Series B round that we reported on at the time.
In a written statement, Bowery said the add-on was the result “of significant momentum in the business.” Temasek led the extension and Henry Kravis, co-founder of Kohlberg Kravis Roberts & Co., also put money in the “B+ round.” The financing brings the New York-based company’s total raised to $172.5 million since its inception in 2015, according to Bowery.
The startup, which aims to grow “sustainably grown produce,” also announced today its new indoor farm in the Baltimore-DC area. The new farm is 3.5 times larger than Bowery’s last facility, according to the company. Its network of farms “essentially communicate using Bowery’s software.” according to the company, and benefits from the collective intelligence of 2+ years of data.”
Video credit ~ TopTechTopic
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3 Innovative Smart Farming (Vertical Farming) | Future of FarmingWhat is Smart Farming? Top 3 Amazing Vertical Farming:Please subscribe: https://www.youtube....
