What Happened This Week in Indoor Farming?
iGrow News
Providing actionable information and insights regarding the AgriFood Tech industry.
Good morning readers, recent developments in the United States may suggest that we are facing a Gold rush, publicly-listed companies provide updates on facility construction, current events to favor CEA development, and much more!
Indoor Farming This Week:
Indoor Vertical Farming in The US: A Gold Rush?
Good morning readers, the United States has been one of the leading markets for indoor vertical farms by amounts invested, sizes of new indoor vertical farms as well as the number of partnerships recorded since the beginning of the year. Companies of all sizes and nationalities have been active in the country, leveraging the market’s size and recent growing dynamics to expand their position.
Local Bounti’s acquisition of Pete’s®, AeroFarms opening the world’s largest aeroponic vertical farm, Bowery Farming’s partnership with Unfold, Scotland-based Intelligent Growth Solutions work with CubicAcres, InFarm’s expansion with their recent facility in Maryland, Iron Ox’s new facility in Texas or AppHarvest fourth and fifth facilities are all examples of the activity the country is experiencing.
Today, we look at the US market activity since the beginning of the year, going through the investments made, the most notable partnerships that we recorded, expansions, acquisitions as well as recent Federal and State-wide activity.
AppHarvest Completes Calibration of Autonomous Harvest System & Provides Facility Updates
AppHarvest, Inc. announced it has completed the calibration of its “touchless growing system” for salad greens at its 15-acre Berea, Ky., indoor farm by having successfully grown more than 20 varieties of lettuce and is approximately 80% complete with planting of its 30-acre AppHarvest Somerset Farm, which has the capacity to grow about 1 million strawberry plants. The company’s 60-acre flagship farm in Morehead, Ky., is expected to start harvesting its third season of tomatoes mid-fourth quarter.
Gotham Greens Launches Plant-Based Dips
A week after raising USD 310 million in a Series E, Gotham Greens launched a new plant-based dips in four plant-packed flavors: Green Goddess, Spinach Artichoke, Tzatziki and Green Harissa. Each dip features a variety of fresh greens and herbs to create premium, herbaceous and bold twists on some of the most well-known dip flavors in America. Drawing inspiration from around the globe, Gotham Greens Dips offer distinct flavor profiles that cater to a diverse array of palates, occasions and needs.
Other News:
Light Science Technologies Completes 1st Phase of Zenith Project
Canobi AgTech Partners with Sativa Science
Kalera’s New Strategy and Path to Profitability Sends Share Price Up By 12%
Articles We Read:
Gamification x Modularity: The Key To Socially Impactful Community Agriculture That’s Scalable - Meet the winning team of the third annual Urban Greenhouse Challenge, hosted by Wageningen University & Research. By Agritecture
Permaculture Design AND Technology Leverage For New Acreage - By Agro Resilience
VAXA's vertical-farming technology converts clean energy into sustainable algae - By Designboom
Fifth Season celebrates full activation of on-site microgrid at its Braddock indoor farming facility - By Pittsburgh Inno
Data snapshot: 90% of African agrifoodtech investment went to Nigeria, Egypt and Kenya - By Lucy Ngige, AgFunder News
Upcoming Events
Introducing Cumulus 2023, An Ecosystem Event Focused on the Future of Food - Read more here.
The Association for Vertical Farming’s 6th Annual Summit at VertiFarm: Unifying New Food Systems - Read more here.
AeroFarms CTO To Give Opening Address at CEA Summit East - Read more here.
Silicon Valley Agtech - October 11th 2022 - Read more here.