Nordetect’s system to keep an eye on soil and water for indoor farming raises seed financing

Nordetect’s system to keep an eye on soil and water for indoor farming raises seed financing

As indoor farming expands, a number of brand-new business are surfacing to offer better information and tracking tools for business targeted at improving performances and quality of indoor crops. Among these companies, the Copenhagen-based Nordetect, is entering the U.S. market with around $1.5 million in financing from federal government financial investment firms and standard […] The company’s innovation consists of an analyzer and a cartridge, a microfluidic chip that users can insert into their water tank to take a sample. The business was accepted into SOSV’s Hax accelerator in 2017 and the 2 first-time founders moved from Denmark to Shenzhen to start developing the business. By 2020, viewing the growth of vertical farming, the business took what had initially been a soil-monitoring tool and added water-quality monitoring functions to support indoor farming.”One of the fascinating things is when I think about the outdoor versus the indoor markets. There’s also the capital that has actually come in to fund indoor ag companies….

New York-based indoor ag company Gotham Greens raises $87 million

New York-based indoor ag company Gotham Greens raises $87 million

Lettuce commemorate the increase of indoor farming. In the previous couple of months, AppHarvest, a developer of greenhouse tomato farms, went public through an unique function acquisition lorry, vertical farming giant Plenty raised$140 million, and now Gotham Greens, which is developing its own network of greenhouses, is revealing the close of $87 million in brand-new […] Chicago, Providence, Rhode Island, Baltimore and Denver. And Gotham Greens has currently started to expand its item portfolio. Various packages of Gotham Greens lettuces on a white field….

Agtech start-up iFarm bags $4M to help vertical farms grow more yummy things

Agtech start-up iFarm bags $4M to help vertical farms grow more yummy things

Vertical farming technology supplier iFarm has bagged a $4 million seed round, led by Gagarin Capital, an earlier financier in the start-up. Other financiers in the round include Matrix Capital, Impulse VC, IMI.VC and numerous company angels. The Finnish start-up is focused on providing software application that enables others to carry out vertical farming — targeting […]
The system includes a range of innovations to automate and monitor crop care, applying computer vision and device learning and drawing on information on “thousands” of plants collected from a dispersed network of farms, per iFarm. All of our algorithms, all of the data, is based in our software,”says Chizhov, stressing the software is hardware agnostic– suggesting clients do not require to use iFarm’s set for their vertical farms however just can apply its algorithms to their own set-ups. On the competitive front, iFarm is not the only technology company looking for to offer to the blossoming vertical farming sector. Design, setup, operation, assistance to sell the last product etc. “Chizhov also notes iFarm has filed patents to secure some of its technologies. …