Scottish Technology Firm, IGS, Named As A 2020 Red Herring Top 100 North America Winner

30 November 2020

Scottish-based agritech and smart spaces business, IGS Limited, has been named amongst the winners of Red Herring’s Top 100 North America 2020 event, which recognises some of the world’s most exciting and innovative technology companies.

IGS is an agritech innovator delivering state-of-the-art vertical farming technology designed to help producers improve the productivity of their crops – including yield, quality and consistency – whilst dramatically driving down the cost of power and labour. The company was shortlisted from thousands of entries before being invited to present at Red Herring’s virtual conference on November 17th and 18th where they were selected to join the final 100 winners.

Previous winners of the awards include household names such as Alibaba, Kakao, Skype, Spotify, Twitter and YouTube.

David Farquhar, CEO of IGS, commented: “We are delighted to see IGS included in the Red Herring’s Top 100 North America 2020 list. It’s an incredible accolade for a relatively small company based in Scotland to have been recognised alongside major global players in the world of technology and innovation. This achievement is truly testament to the ingenuity and forward-thinking approach of our team.”

Industry experts, insiders and journalists who examined the entrants against a wide variety of criteria including financial performance, innovation, business strategy, and market penetration. Winners were selected from a wide variety of verticals, from FinTech and Artificial Intelligence to Security, IoT, and many more industries.

“2020’s crop of Top 100 winners has been among our most intriguing yet,” said Red Herring chairman Alex Vieux, “What has excited me most is to see so many people forging niches in high-tech and cutting-edge sectors. Some of the technical wizardry and first-rate business models showcased at the conference has been fantastic to learn about. We believe IGS embodies the drive, skill and passion on which tech thrives. IGS should be proud of its achievement - the competition was incredibly strong.”

A full list of the 2020 Red Herring Top 100 North America Winners is available here.

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Notes to editors:

For more information: please contact Kate Forster on kate@intelligentgrowthsolutions.com / +44 7787 534999 or Georgia Lea on georgia@intelligentgrowthsolutions.com / +44 7897 539954. 

About IGS:

Founded in 2013, IGS brought together decades of farming and engineering experience to create an agritech business with a vision to revolutionise the indoor growing market. Its commitment to innovation has continued apace and it has evolved the applications of its technology beyond agriculture to create solutions for a wide variety of indoor environments which enhance life for people, plants and animals.

IGS launched its first vertical farming demonstration facility in August 2018, based at the James Hutton Institute in Invergowrie.

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