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Little Leaf Farms Raises $90M to Grow Its Greenhouse Network

Massachusetts-based Little Leaf Farms has raised $90 million in a debt and equity financing round to expand its network of hydroponic greenhouses on the East Coast. The round was led by Equilibrium Capital as well as founding investors Bill Helman and Pilot House Associates. Bank of America also participated.

by Jennifer Marston

Image from: Little Leaf Farms

Image from: Little Leaf Farms

Massachusetts-based Little Leaf Farms has raised $90 million in a debt and equity financing round to expand its network of hydroponic greenhouses on the East Coast. The round was led by Equilibrium Capital as well as founding investors Bill Helman and Pilot House Associates. Bank of America also participated.

Little Leaf Farms says the capital is “earmarked” to build new greenhouse sites along the East Coast, where its lettuce is currently available in about 2,500 stores. 

The company already operates one 10-acre greenhouse in Devins, Massachusetts. Its facility grows leafy greens using hydroponics and a mixture of sunlight supplemented by LED-powered grow lights. Rainwater captured from the facility’s roof provides most of the water used on the farm. 

According to a press release, Little Leaf Farms has doubled its retail sales to $38 million since 2019. And last year, the company bought180 acres of land in Pennsylvania on which to build an additional facility. Still another greenhouse, slated for North Carolina, will serve the Southeast region of the U.S. 

Little Leaf Farms joins the likes of Revol GreensGotham GreensAppHarvest, and others in bringing local(ish) greens to a greater percentage of the population. These facilities generally pack and ship their greens on the day of or day after harvesting, and only supply retailers within a certain radius. Little Leaf Farms, for example, currently servers only parts of Massachusetts, Pennsylvania, New York, and New Jersey. 

The list of regions the company serves will no doubt lengthen as the company builds up its greenhouse network in the coming months.

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Vertical Farming ‘At a Crossroads’

Although growing crops all year round with Controlled Environment Agriculture (CEA) has been proposed as a method to localize food production and increase resilience against extreme climate events, the efficiency and limitations of this strategy need to be evaluated for each location

Building the right business model to balance resource usage with socio-economic conditions is crucial to capturing new markets, say speakers ahead of Agri-TechE event

Image from: Fruitnet

Image from: Fruitnet

Although growing crops all year round with Controlled Environment Agriculture (CEA) has been proposed as a method to localize food production and increase resilience against extreme climate events, the efficiency and limitations of this strategy need to be evaluated for each location. 

That is the conclusion of research by Luuk Graamans of Wageningen University & Research, a speaker at the upcoming Agri-TechE event on CEA, which takes place on 25 February.

His research shows that integration with urban energy infrastructure can make vertical farms more viable. Graamans’ research around the modelling of vertical farms shows that these systems are able to achieve higher resource use efficiencies, compared to more traditional food production, except when it comes to electricity. 

Vertical farms, therefore, need to offer additional benefits to offset this increased energy use, Graamans said. One example his team has investigated is whether vertical farms could also provide heat.

“We investigated if vertical farms could provide not just food for people living in densely populated areas and also heat their homes using waste heat. We found that CEA can contribute to stabilizing the increasingly complex energy grid.”

Diversification

This balance between complex factors both within the growing environment and wider socio-economic conditions means that the rapidly growing CEA industry is beginning to diversify with different business models emerging.

Jack Farmer is CSO at vertical producer LettUs Grow, which recently launched its Drop & Grow growing units, offering a complete farming solution in a shipping container. 

He believes everyone in the vertical farming space is going to hit a crossroads. “Vertical farming, with its focus on higher value and higher density crops, is effectively a subset of the broader horticultural sector,” he said. 

"All the players in the vertical farming space are facing a choice – to scale vertically and try to capture as much value in that specific space, or to diversify and take their technology expertise broader.”

LettUs Grow is focussed on being the leading technology provider in containerised farming, and its smaller ‘Drop & Grow: 24’ container is mainly focussed on people entering the horticultural space.

Opportunities in retail

“This year is looking really exciting,” he said. “Supermarkets are investing to ensure a sustainable source of food production in the UK, which is what CEA provides. We’re also seeing a growth in ‘experiential’ food and retail and that’s also where we see our Drop & Grow container farm fitting in.”

Kate Hofman, CEO, GrowUp agrees. The company launched the UK’s first commercial-scale vertical farm in 2014.

“It will be really interesting to see how the foodservice world recovers after lockdown – the rough numbers are that supermarket trade was up at least 11 per cent in the last year – so retail still looks like a really good direction to go in. 

“If we want to have an impact on the food system in the UK and change it for the better, we’re committed to partnering with those big retailers to help them deliver on their sustainability and values-driven goals.

“Our focus is very much as a salad grower that grows a fantastic product that everyone will want to buy. And we’re focussed on bringing down the cost of sustainable food, which means doing it at a big enough scale to gain the economies of production that are needed to be able to sell at everyday prices.”

Making the Numbers Add Up

The economics are an important part of the discussion. Recent investment in the sector has come from the Middle East, and other locations, where abundant solar power and scarce resources are driving interest in CEA. Graamans’ research has revealed a number of scenarios where CEA has a strong business case.

For the UK, CEA should be seen as a continuum from glasshouses to vertical farming, he believes. “Greenhouses can incorporate the technologies from vertical farms to increase climate control and to enhance their performance under specific climates."

It is this aspect that is grabbing the attention of conventional fresh produce growers in open field and covered crop production.  

A Blended Approach

James Green, director of agriculture at G’s, thinks combining different growing methods is the way forward. “There’s a balance in all of these systems between energy costs for lighting, energy costs for cooling, costs of nutrient supply, and then transportation and the supply and demand. At the end of the day, sunshine is pretty cheap and it comes up every day.

“I think a blended approach, where you’re getting as much benefit as you can from nature but you’re supplementing it and controlling the growth conditions, is what we are aiming for, rather than the fully artificially lit ‘vertical farming’.”

Graamans, Farmer and Hofman will join a discussion with conventional vegetable producers, vertical farmers and technology providers at the Agri-TechE event ‘Controlled Environment Agriculture is growing up’ on 25 February 2021.

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In Malahide, Two Friends Raise A Vertical Farm

When salesman Jack Hussey finishes his work day, he closes the laptop, leaves his home in Malahide and walks 10 minutes down the road. At the bottom of his friend’s farm sits an outhouse with a coldroom which now hosts his side business, Upfarm. A farm that goes upwards

Image from: Dublin Inquirer

Image from: Dublin Inquirer

When salesman Jack Hussey finishes his work day, he closes the laptop, leaves his home in Malahide and walks 10 minutes down the road. At the bottom of his friend’s farm sits an outhouse with a coldroom which now hosts his side business, Upfarm. A farm that goes upwards.

Imagine a shelf rack, says Hussey. “We’ve kitted the roofs of each shelf with an LED grow light. It’s to replicate the sunlight basically.”

A photo of the farm shows purple light beaming down on thick heads of lemongrass and basil, stacked on shelves. Yields from vertical farming are far more efficient than in-the-ground farming, Hussey said, on the phone last Friday.

He likens it to real estate. “You can have houses that are populated side by side or you can start going upwards with apartments.”

From Podcast to Table

Hussey always had an interest in food, he says. Last year he and a school friend, Bill Abbott, began to look into urban farming.

“But we were saying, is farming in the ground actually the best route to go?” Hussey says.

It’s labour intensive, which didn’t suit the two guys, who work other full-time jobs. Then, in March 2020, Hussey heard a podcast with American urban farmer Curtis Stone. He had an urban farm where he was using a spin-farming method, says Hussey. “It’s what they call it. You rotate crops out of the ground in a much more efficient way.”

“Essentially he was able to capitalise on a third acre of land. He was able to take in 80k a year,” he says.

Hussey was inspired by that, by somebody making the most of a small bit of land. So in June last year, in the middle of a pandemic and juggling working from home, Hussey and Abbot set about doing the same, albeit with a different model, and launched their vertical farm.

Image from: Farmony

Image from: Farmony

How It Works

Farmony, which specialises in tech for vertical farming, sold Upfarm with the tools to get up and running – shelves, special LED lighting, a watering system and humidifiers. It is the ideal conditions for growing produce, says Framony co-founder John Paul Prior. Nutrients, hours of light, humidity and temperature are controlled in vertical farming, Prior says.

But Farmony is also a data company, Prior says. “So we capture data at all stages of the growing cycle. And we feed that back to the grower.”

This helps the grower to establish the optimum conditions, he says. “That’s not just in terms of plant growth, that’s in terms of workflow management.”

The size of an operation can be the small coldroom in Malahide that uses one Farmony module, and produces microgreens and wheatgrass for sale. Or it can be like a farm in Tipperary with 60 modules, he says. A module is 1 metre wide, 1.3 metres long and 2.5 metres tall, Prior says. Hussey says it is labour-intensive looking after a vertical farm module.

After work last Thursday, he and his dad replanted his microgreen crops into 30 different trays. “It took about two hours,” he says.

What Is the Benefit?

“So as long as you can control your temperature, your humidity, and your nutrient levels in the water, you can basically grow all year round,” says Prior. Vertical farming also means better conditions for workers, Prior says.

“If you’re working in a controlled environment, like a vertical farm, you’re working in a clean environment,” Prior says.

“You work between 18 to 22 degrees. There’s no harsh frost. There’s no extreme cold winters, equally there’s no burning-hot summers.,” says Prior.

The crop is consistent too, says Prior, thanks to the controlled environment.

“Let’s say I’m someone who loves basil and who makes a lot of pesto at home,” he says.

Getting basil of consistent quality from the supermarket can be difficult when it comes from different countries, or may have been sitting on a shelf for days after travelling thousands of miles, he says.

Image from: Farmony

Image from: Farmony

Why Is this Important?

Soil quality is dropping, Hussey says. “What does that mean for outdoor growing?”

The answer, Hussey says, is vertical farming. It uses mineral-rich water so it doesn’t rely on nutrients from the ground, Hussey says.

Says Prior: “Vertical farming uses about 10 percent of the water of traditional farming.”

Prior says it takes less energy to get food from a nearby vertical farm than to ship it from afar. It was not always the case until a breakthrough in another industry, he says.

“Billions of dollars have been invested in the cannabis industry globally. It’s meant that the investment in grow-lighting technology has been huge,” he says.

“As a result, the price, the efficiency and most importantly, the energy efficiency of the lighting is really amazing” he says.

Says Hussey: “It’s not easy work but it is nice work. It’s good work.”

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Ensuring Singapore's Food Security Despite the Odds

As with most issues that impact national security in Singapore, it often seems that the odds are stacked against us. Food security — access to safe and nutritious food — is a challenge on several fronts. Singapore is a small city-state with limited resources, with only 1 per cent of land available for food production, and over 90 per cent of food is imported from an increasingly disrupted world. The Covid-19 pandemic has further amplified the gravity of safeguarding food security

Image from: Reuters

Image from: Reuters

As with most issues that impact national security in Singapore, it often seems that the odds are stacked against us.  Food security — access to safe and nutritious food — is a challenge on several fronts. 

Singapore is a small city-state with limited resources, with only 1 per cent of land available for food production, and over 90 per cent of food is imported from an increasingly disrupted world. The Covid-19 pandemic has further amplified the gravity of safeguarding food security.  The city-state has been proactively planning for long-term food security through the Singapore Food Agency’s (SFA) strategy of “three food baskets” — diversifying food sources, growing locally and growing overseas.  This approach has served the Republic well in securing a supply of safe food.

DIVERSIFIED SOURCING IS KEY

Singapore’s food importers leverage the nation’s connectivity and the global free trade environment to import from multiple sources in about 170 countries and regions worldwide.  Should there be a disruption to any one source, importers are able to tap alternative food sources and ensure supply remains stable. Lockdown measures brought about by Covid-19 underscored Singapore’s vulnerabilities to supply disruptions in food. 

It was not by luck that the Republic’s food supply remained stable and market shelves continued to be promptly restocked — it was the result of a deliberate whole-of-government strategy to diversify food sources. To keep the nation’’s diversified food supply lines intact amid the Covid-19 global pandemic, SFA worked closely with the Ministry of Trade and Industry and Enterprise Singapore (ESG) to monitor Singapore’s food supply situation. Together with the Ministry of Foreign Affairs, these economic agencies worked with like-minded countries to maintain open trade links.

LOCAL PRODUCTION AN IMPORTANT BUFFER

SFA drives innovation in local farms with the ambitious goal of producing 30 per cent of Singapore’s nutritional needs by 2030 as part of our “30 by 30” plan.  To meet this goal, we need a holistic and long-term approach to space-planning, boosting agri-food technology and developing local agri-specialists. To facilitate and support the establishment of high-technology and productive farms in Singapore, SFA tenders out land based on qualitative criteria such as production capability, production track record, relevant experience and qualifications, innovation and sustainability.

In addition, a masterplan for the greater Lim Chu Kang (LCK) region, spanning about 390ha of land, will be undertaken in consultation with stakeholders over the next two to three years.  The redeveloped LCK agri-food cluster will produce more than three times its current food production.

Building on the above efforts to grow Singapore’s high-tech agri-tech sector, SFA will continue to partner with the Economic Development Board and ESG to attract best-in-class global agri-tech companies, as well as to nurture promising homegrown agri-tech companies into local champions and help them to expand overseas.

EXPLORING ALTERNATIVE, UNDERUTILISED SPACES

Urban food solutions are expected to play a key role in global food security.  While there are progressive enterprises operating out of farmlands and industrial estates, some agricultural game-changers are also taking root in unconventional areas — indoors, on rooftops and in underutilised spaces.

SFA worked with the Singapore Land Authority to introduce an urban farm at the former Henderson Secondary School site, which was transformed into Singapore’s first integrated space comprising an urban farm, childcare centre and nursing home within a state property.  The farm space within the site was awarded in May 2019 to social enterprise City Sprouts, and it has become a vibrant destination for the young and old to learn about urban farming and enjoy a relaxing day out.

Citiponics, the first commercial farm located on a multi-storey car park in a residential neighbourhood, harvested its first yield of vegetables in April 2019.  In September 2020, another nine sites atop multi-storey car parks were awarded for urban farming. 

The successful bidders included proposals for hydroponic and vertical farming systems with a variety of innovative features, such as the Internet of Things (IoT), blockchain technology and automated climate control.  These sites have the potential to collectively produce around 1,600 tonnes of vegetables annually.

Image from: Ciitiponics

Image from: Ciitiponics

TAPPING TECH

The Agriculture Productivity Fund (APF) supports local farms in their capability development and drive towards higher productivity.  Through APF, SFA co-funds the adoption of farming systems to better control environmental variables, test-bed technologies and boost production capabilities. Between October 2014 and September 2020, a total of almost S$42 million has been committed to 115 farms.

The Covid-19 pandemic presented greater impetus to speed up local food production capacities. In September 2020, SFA awarded S$39.4 million to nine companies under the 30x30 Express Grant to quickly ramp up food-farm outputs over the next six months to two years. With advanced robotic and digital systems increasingly being used in farming, Singapore’s vegetables farmers have also become innovative agri-engineers and specialists in their own right.

With support from the 30x30 Express Grant, urban farming engineering solutions firm Indoor Farm Factory Innovation will set up an indoor vegetable farm with a vertical integration growth system up to 8m in height in a fully controlled and pesticide-free environment.  The farm will leverage artificial intelligence farming systems integrated with IoT monitoring, dosing irrigation and an advanced environmental control system to achieve optimum growing conditions all year round.

Seng Choon, a chicken egg farm that has been in business for more than 30 years, has also proved itself a modernist in its operations.  The company uses a computer that scans eggs to ascertain if they are clean; while feeding systems, temperature controls and waste cleaning systems have been automated with SFA’s support. Singapore’s efforts at ensuring food security would not be complete without support from consumers.  To boost recognition of local produce among consumers, SFA brought the industry and public together to create a new “SG Fresh Produce” logo. 

Farmers have been using this emblem on their packaging since August 2020. A website was also launched to provide a trove of information on locally farmed food. While the Covid-19 pandemic has led to import restrictions, it also helped to accelerate support for local produce. With public support for local farmers and other key measures, Singapore can beat the odds in ensuring food security in this ever-evolving, ever-disrupted world.


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Organic: The Battle for a Single Word

Throughout history, when we see great leaps forward in technology, there are always pushbacks from the old world who want to maintain the status-quo. This can be for a variety of reasons and come from a variety of people. Sometimes, the resistance comes from workers, an example of this would be the fierce opposition from workers who protested the mechanisation of their jobs brought about by the industrial revolution. They were often referred to as luddites because of the propensity to destroy the new machines that were taking their jobs

Throughout history, when we see great leaps forward in technology, there are always pushbacks from the old world who want to maintain the status-quo. This can be for a variety of reasons and come from a variety of people. Sometimes, the resistance comes from workers, an example of this would be the fierce opposition from workers who protested the mechanisation of their jobs brought about by the industrial revolution. They were often referred to as luddites because of the propensity to destroy the new machines that were taking their jobs.

On the other hand, there can be examples of when the resistance to innovations come from industry competitors who don’t want to lose the dominance they once had. An example of this can be seen through the fossil fuel industries continuous attempts to limit the growth of renewables by lobbying governments to pursue policies more favourable to them.

Today we are seeing resistance to a new green revolution through innovation in the vertical farming sector primarily from industry competitors or even protective policy makers. Politico recently reported on a story regarding a fight between a Danish vertical farming company, called Nordic Harvest, and the EU whereby the former was prohibited from labelling their crops as organically produced. The reason given for this was that EU regulation demanded that anything being described as organic had to be produced in soil. This seems to be the antithesis to their Farm to Fork strategy as it heavily handicaps innovative indoor vertical farming companies.

Image from: Nord Harvest

Image from: Nord Harvest

Now this may not seem much like a significant infringement on the indoor vertical farming sector, but what this does is make it more difficult for companies, such as Nordic Harvest, to indicate to consumers their green credentials. Moreover, under the EU’s Green Public Procurement rules, indoor vertical farming companies gain a smaller share in food market than it normally would have due to the ruling on the definition of organics. The unfortunate aspect of this is that words only mean what we define them as, so the personal opinions of the individuals who made this decision are going down this direction for reasons not non-partisan.

Now there may so semi-legitimate reasons to resist the rise of indoor vertical farming, but it is clear that this will be the future of farming and it must not be kneecapped by ill-intentioned actors. The limitations of the sector, such as intense energy use or limited crop varieties, can only be solved if there is financial and legislative support from the powers that be.

This is clear with the recent certification of Sky Greens in Singapore as organic whereby the central government has been forward thinking. Speaking of their decision, the chair of the Food Standards Committee stated:

“The certification may allow local urban farms to expand into markets outside of Singapore. Having a national organic certification will help local urban farms to be on equal footing with the US…”

The Food Standards Committee in Singapore defined organic differently from the EU affirming that as long as they avoid mineral fertilisers or other pesticides and herbicides, which indoor vertical farms operating on controlled environment agriculture adheres to. At full capacity, Sky Greens can produce up to half a tonne of salads daily without LEDs and using gravity to collect rainwater to avoid pests. An important point to note however is that the vast majority of Singapore is urbanised with no domestic traditional rural farming industry.

Image from: Sky Greens

Image from: Sky Greens

Another problematic component of this EU ruling is that may prove controversial is its impact on trade. Any vertical farming company from a country not with the restrictive rules and the EU that wanted to export their food produced in a vertical farm, they would as need to abide by these rules. For example, with basil being one of the major herbs produced in vertical farms, we often see it being used in Pesto. Unfortunately, this would not be able to be marketed as organic. With the EU being the largest trading bloc in the entire world, this will affect the global fortunes of the sector. We are also seeing this happen in the US but due to many legal appeals and challenges, they have not currently implemented the same rules as the EU.

So, with all this in mind, it is important to be aware of the pushback that will inevitably happen due to a green revolution brought about by innovation in the indoor vertical farming sector. The debate surrounding the definition of the word organic is only the start. We already see concerted efforts to ban synthetic meat companies from using words such as hamburger, hot dog or steak. However, even with this uneven playing field, indoor vertical farming is on track to increase its market share significantly over the next decade and beyond while traditional farming methods are on the decline.

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 Indoor Ag-Con Asia, Enterprise Singapore Announce 2019 Indoor Ag-Ignite Winners

Three Startups Take Top Prizes at Indoor Agriculture Pitch Competition Held During 4th Annual Indoor Ag-Con Asia Event

SINGAPORE, SG (JANUARY 22, 2019)  – Indoor agriculture startups Biteback, Farmers Cut and Growers Agritech, LLC won top honors at the Indoor Ag-Ignite competition finals held during Indoor Ag-Con Asia, the premier event covering the technology of growing crops in indoor systems using hydroponic, aeroponic and aquaponic techniques, January 15-16, 2019 at the Marina Bay Sands, Singapore. Designed to support entrepreneurs and find the most innovative new ideas globally in the fast-growing indoor agriculture industry, the competition was co-hosted by Indoor Ag-Con and its lead sponsor, Enterprise Singapore.

Enterprise Singapore awarded a Startup SG Grant of S$50,000 to each winning team, including: (1) S$25,000 non-dilutive cash grant which can be utilized to accelerate commercialization efforts; (2)a further S$25,000 which can be converted into equity shares at the next round of fundraising. 

Each winning team will also receive substrates and technical advice from Indoor Ag-Con Asia sponsor and exhibitor, Smithers-Oasis. The company's global expertise of the plant and flower business stretches from propagation to presentation --offering Indoor Ag-Ignite winners the chance to tap into a wealth of industry insight and knowledge.

Pictured (L-R) -Indoor Ag-Ignite Judges Sarai Kemp, Trendlines Agtech; Michael Dean, AgFunder; Isabelle Decitre, ID Capital; Indoor Ag-Ignite Winners Mark Korzilius, Farmers Cut; Ser Yong Quek, Grower Agritech; Daniel Reigler, Biteback; and Edwin Chow, Enterprise Singapore

“New technologies and approaches are transforming indoor agriculture at a rapid clip and we want to do everything we can to help emerging entrepreneurs bring their ideas to market,” said Indoor Ag-Con Founder Nicola Kerslake. “This was our 2nd annual competition and we were especially pleased to see how interest has grown as evidenced by the number of entrants. Most important, we were thrilled to partner once again with Enterprise Singapore to unearth each of these incredibly promising startups."

“The agility and high-risk appetite of agri-food tech startups put them in the driver’s seat of disruptive technologies. Indoor Ag-Con Asia is a great place for these companies to connect with global agriculture experts, researchers and investors – for knowledge exchange and co-innovation opportunities. Enterprise Singapore is pleased to continue our support for Indoor Ag-Con Asia and Indoor Ag-Ignite in building a network of like-minded entrepreneurs who aspire to transform Asia’s agriculture landscape,” added Ms. Kee Ai Nah, Executive Director of Lifestyle & Consumer Cluster, Enterprise Singapore.
The Indoor Ag-Ignite competition was open to any team or company of under 40 employees developing or deploying innovative technologies for the indoor agriculture industry. Applicants were able to make their pitches via video chat for the initial round of the competition. Five finalists -- AlgaHealth, Biteback, Farmers Cut GmbH, Grower Agritech LLP, Growflux --received stipends towards travel to Singapore to participate in the finals. The judging panel included Michael Dean, AgFunder; Isabelle Decitre, ID Capital; Sarai Kemp, Trendlines Agtech and Edwin Chow, Enterprise Singapore
Indoor Ag-Ignite 2019 Competition winners are:


BITEBACK -- Biteback is an Insect Bio-refinery company aiming to meet an increasing global demand for palm oil by creating a healthier and more sustainable alternative with 40 times more yield per ha. Biteback has developed a processing technology that allows extraction of more than 90% of fats from insect body mass which is refined into various functional ingredient like cooking oil, butter, fatty alcohol, and bioenergy. 


FARMERS CUT GMBH -- Farmers Cut has started tackling the challenge of year round local food production by designing a sustainable system impervious to outdoor environmental conditions resulting in pesticide free, nutrient rich greens. The Farmers Cut vision is to provide local, healthy, fresh, pesticide-free produce to the urban population all year round

GROWER AGRITECH LLP – Specializing in the cultivation of high-value crops, Grower Agritech is a Singapore incorporated company with its management, agritech science team and executives from Singapore and Thailand. The company’s flagship project – Truffle Vertical Farm (TVF) – is a revolutionary technology to cultivate in- vitro, truffles species, indoors.
Indoor Ag-Con returns to  Las Vegas from  May 22-23, 2019 for its 7th Annual Indoor Ag-Con. which will be held at the Red Rock Resort & Conference Center.  For more information visit www.indoor.ag


ABOUT INDOOR AG-CON
Indoor Ag-Con was founded by Newbean Capital in 2013, and has since grown to the premier event in indoor agriculture, the practice of growing crops, raising fish and insects in indoor systems, using hydroponic, aquaponic and aeroponic techniques. Its events are tech-focused and crop-agnostic, covering produce, legal cannabis, alternate protein and non-food crops. It hosts events in Las Vegas, Singapore and the US East Coast. In December 2018, three event industry professionals – Nancy Hallberg, Kris Sieradzki and Brian Sullivan – purchased Indoor Ag-Con LLC from Newbean Capital, so setting the stage for further expansion of the events globally. More information -- www.indoor.ag

ABOUT ENTERPRISE SINGAPORE
Enterprise Singapore is the government agency championing enterprise development. Its vision for Singapore is a vibrant economy with globally competitive Singapore enterprises. International Enterprise Singapore and SPRING came together on 1 April 2018 as a single agency to form Enterprise Singapore. The mission is to grow stronger Singapore companies by building capabilities and accessing global opportunities, thereby creating good jobs for Singaporeans. Enterprise Singapore works with committed companies to build capabilities, innovate and internationalize. The agency also also supports the growth of Singapore as a hub for global trading and startups. As the national standards and accreditation body Enterprise Singapore continues to build trust in Singapore’s products and services through quality and standards. More information -- www.enterprisesg.gov.sg 

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