Welcome to iGrow News, Your Source for the World of Indoor Vertical Farming
Investors Eye Growth In Vertical Farms
Vertical farming is taking root. The market share of large-scale farms was estimated at $3.3 billion by Precedence Research in 2020 and is anticipated to increase nearly ten-fold, reaching $31.6 billion by 2030
Investment Projects On Construction And Modernisation of Greenhouse Complexes Will Be Presented At the 6th Annual International Forum Greenhouse Complexes Russia & CIS 2021
6th Annual International Forum Greenhouse Complexes Russia & CIS 2021 is an established professional international platform for attracting investment in the Greenhouse Industry of Russia, discussion of industry development strategies, exchanging experience between key market players, and signing new win-win contracts
AppHarvest: Firing On All Cylinders
AppHarvest has three quality characteristics that show it is stronger than most of its agtech competitors
BASF Venture Capital Invests In Indian Startup UrbanKisaan
With the investment from BASF, UrbanKisaan plans to further expand its market presence in India, deploy its farming technology to work with thousands of farmers, and bring fresh, local, sustainable produce to urban dwellers
How AppHarvest Is Investing In The First Generation of High-Tech Farmers
Agriculture may have been slower to digitize than other parts of the food sector, but these days a lot of folks would agree artificial intelligence, automation, and other technologies have a role to play in the future of farming
INDIA: Gourmet Garden Raises Over USD 3 Million Funding
Gourmet Garden, the first full-range zero-contamination F&V brand in the country, has announced its latest round of funding of Rs 25 Crores led by Beyond Next Ventures, M Venture Partners, and existing investors Incubate India & Whiteboard Capital among others
Indoor Farming And The Prospects For Profitability
Concerns over climate change and food security have fuelled optimism over controlled-environment farming but operators face questions over their forecasts for profitability
Can Vertical Farms Be Profitable?
Basically, we’re skeptical of both the economics and the save-the-world ethos that many companies preach. We enlisted an industry insider to help us separate the wheat from the chaff
Sowing Season For Vertical Farms
Growing fresh produce in a controlled indoor environment using technology inputs has, in some cases, been around for almost two decades. But it has only recently started to gain traction linked to climate change and sustainability concerns. However, can it be profitable and competitive?
A SPAC Deal Sprouts For AgTech Company Local Bounti: What Investors Should Know
One of the company’s key investors is Cargill which is listed as a strategic partner and will invest in the company as part of the SPAC deal. Cargill will also provide a $200 million debt facility to help with Local Bounti’s expansion plans
Vertical Farm Merger Valued At $1.1 Billion
Strategic partners include food and agriculture industry giant Cargill and Sarath Ratanavadi, CEO of Gulf Energy Development Public Company Limited – Thailand’s largest private energy and infrastructure company and one of the world’s leaders in sustainable energy
Pure Harvest Aims To Change The Face of Fresh Food
Having secured $60 million in funding, Pure Harvest Smart Farms is looking to expand its operations into Saudi Arabia and Kuwait, using advanced technology to bring food security to the arid Middle Eastern climate.
AeroFarms: An Unproven Business With Enormous Risk
AeroFarms's mission is to grow the best plants possible for the betterment of humanity
Bowery Farming Secures $300 Million To Continue US Expansion
The company has secured more than $472 million in funding to date, bringing its valuation to $2.3 billion
Florida Native Brick Street Farms Takes On Global Agriculture With Multi-Million Dollar Investment
The Ag Tech Innovator Scales its Local Approach to More Sustainably Feed Urban Communities
Widespread Investment In CEA Is An Important Piece of The Food Security Puzzle
It has become increasingly clear that traditional agriculture is simply not meeting the food demands of the future
AppHarvest Hopes To Build A Garden Of Eden In America's Appalachia
AppHarvest (NASDAQ:APPH) is building large commercial greenhouses in Kentucky to primarily grow tomatoes indoors
What’s A Hydroponic Farm Start Up Cost? Know What To Expect
Is a typical hydroponic farm start-up cost very steep? Or is it something that’s affordable and easy to manage? If you are looking into starting with hydroponic farming, you may be quite eager to know the overhead and upfront cost
Global Investment In Agri-Food-Tech Surged To $ 22.3 Billion
Finistere Ventures report reveals $ 5 billion invested in Agtech and $ 17.3 billion invested in Foodtech in 2020. Finistere Ventures expects 2021 to dwarf 2020 numbers as capital continues to flood into agtech.
Investing In Indoor Vertical Farming
The vertical farming market is projected to reach USD 7.3 billion by 2025 from USD 2.9 billion in 2020; it is expected to grow at a CAGR of 20.2% during the forecast period