2019-07-08

Increasing Funding Pouring into Vertical Farming Startups across the World

The expanding horticulture LED lighting business marks the development of high-tech farming including vertical farming which has attracted increasing investment recently. Vertical farming companies from Europe and the US have reported funds from worldwide investors. Berlin-based vertical farming startup InFarm has raised a US$100 billion fund in its Series B investment led by Atomico with other existing investors including Balderton Capital, Astanor Ventures, Cherry Ventures and TriplePoint Capital joining. Founded in 2013, the Germany company has developed the ...
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Nichia, the world's largest LED/Laser Diode manufacturer and inventor of the high-brightness blue and white LEDs, and Tokushima Agriculture, Forestry and Fisheries Technology Support Center have conducted a joint research study to evaluate... READ MORE

Signify, the world leader in lighting, announced that it has installed Philips GreenPower LED toplighting compact in the lettuce nursery greenhouse of Woodeumgee Farm Co., Ltd., located in Buyeo, Chungcheongnam-do. Woodeumgee Farm has reported... READ MORE