Welcome to iGrow News, Your Source for the World of Indoor Vertical Farming

Vertical Harvest Collaborates Directly With Chefs Across Jackson

Since its inception, Vertical Harvest Farms has had a special relationship with the chefs of Jackson. The farm works closely with chefs to grow micro and petite greens specifically curated to each restaurant’s menus

06-21-21

 Vertical Harvest Collaborates Directly With Chefs,

Finding Fresh Flavor To Elevate Any Dish

JACKSON, Wyo. — Chef Alejandra Peña nibbles a small green leaf and the spark in her eyes is unmistakable. Her customers at Persephone Westbank will soon find a similar tiny stalk in their morning granola bowl. “They’ll be surprised at the pop of citrus with their oats and yogurt,” said Peña. “ Tangerine cress is something people haven’t experienced as a taste before and it is really exciting to use microgreens like these in unexpected ways.”

Chef Alejandra Peña of Persephone Wesbank. Photo: Lindley Rust

It’s a fun day at the farm when a chef stops by the Vertical Harvest greenhouse. Geeking out over a microgreen’s flavor profile rings deeply sincere coming from the person who places it precisely on the plate. “Seeing the colors, tastes and textures helps me brainstorm my menus with something that is very tangible,” said Peña. “This is such a different experience than looking at a product list because being in the greenhouse and talking through the flavors with the growers helps the dish in my head come to life.”

Since its inception, Vertical Harvest Farms has had a special relationship with the chefs of Jackson. The farm works closely with chefs to grow micro and petite greens specifically curated to each restaurant’s menus. Chefs are welcome to book time to come and “shop” the greens with the Vertical Harvest grow and sales teams.

Persephone West Bank Chef Alejandra trying microgreens with Hannah Bouline (Product Manager) and Emily Peterson (Sales Director). Photo: Kyra Foley

“It’s satisfying to see the look in chefs eyes when we sample a new green with them. We always do a deep dive into how the flavors and textures can make other ingredients come alive,” said Hannah Bouline, Vertical Harvest Product Manager.

On her recent greenhouse visit, Peña was preparing for Persephone Westbank’s new 5-9 p.m. dinner service, which just started on June 17, 2021. She tasted radish microgreens, mustard frills, rock chive, and red veined sorrel. While the sorrel and tangerine cress are already breakfast and lunch menu staples, she was excited to play with the mustard frills for the dinner menu.

According to Peña, it’s important to have microgreens and petite greens that she can use for breakfast, lunch, and dinner but still have very different flavors and textures throughout the day. “Our goal is to avoid waste and use the freshest product possible.”

The overall vibe of the new dinner menu is fresh, floral, and citrus-like a French bistro, she says. “We’ll offer vegan dinner options and provide an experience that is casual and kid-friendly with a specific kid’s menu. I don’t want anything to be too heavy, but instead, have the entire family leave feeling like they could really enjoy the dishes and not be too full.”

The Salmon Tartine. Photo: Kyra Foley

The Salmon Tartine. Photo: Kyra Foley

Peña’s plan is to pair Vertical Harvest’s red-veined sorrel with dishes such as salmon tartine and use the tangerine cress across many dishes on the menu. She also hopes to make Vertical Harvest edible flowers a key part of the restaurant’s cocktail program.

She is most excited about the ½ roasted chicken with seasonal vegetables. “It’s so juicy and has a light yet flavorful cardamom glaze,” she said. “I’m so excited for everyone to try it!”

A group of Vertical Harvest team members visited opening night and were impressed with the atmosphere and the food. “It was so lovely to enjoy the light, yet flavorful, food on a warm afternoon,” said Emily Peterson, Vertical Harvest Sales Director. “The cocktails were spot on and I loved the salmon tartine with its pop of citrus supplied by the red-veined sorrel. The menu perfectly balances rich dimensions of flavor without being too heavy. Even the usually deep and earthy ratatouille had a fresh essence.”

Try the chicken, salmon tartine, and other wonderful new dinner menu items yourself this season. Dine at Persephone Westbank at 3445 N Pines Way in the Aspens, Wilson WY. Learn more about Vertical Harvest Farms and its freshly, locally grown produce on the company’s website here.

Lead photo: Vertical Harvest collaborates directly with chefs, finding fresh flavor to elevate any dish. Photo: Shannon Corsi

ABOUT THE AUTHOR

Sponsored by Vertical Harvest - Jackson Hole, Wyoming

Read More

VIDEO: Sweden: Growing Food In Umeå In A Freight Farms Shipping Container

Ellen Bergström and Daniel Remes are growing food in Umeå, Sweden to create a resilient and sustainable local food system

Ellen Bergström And Daniel Remes Are Growing

Food in Umeå, Sweden To Create A Resilient

And Sustainable Local Food System.

Although they had little agriculture experience, the realization that their community needed a dependable food supply chain that offered fresh, quality produce even through the long, dark winter months, led them to start their Freight Farming business, MY Harvest.

Click on the video below to watch their story.

For more information:
Freight Farms
info@freightfarms.com
www.freightfarms.com


24 Jun 2021


Read More

Container Farming To Increase Food Security In The Caribbean

As part of our Grow Food Here series, join us for a live conversation with Freight Farmers, Lincoln Deal, and Latesha Gibson from Eeden Farms

Hear How Eeden Farms Is Bringing Fresh,

Local Produce To Their Island.

As part of our Grow Food Here series, join us for a live conversation with Freight Farmers, Lincoln Deal, and Latesha Gibson from Eeden Farms. Throughout the event, we’ll explore how they brought container farming to the Bahamas to reduce the island’s reliance on food imports and serve their local community with the freshest local food available. We’ll also discuss the challenges farmers face in the Bahamas, what they’re currently growing in their three container farms and their plans for the future.

At the end of the event, Lincoln and Latesha will answer your questions through the live q & a

Register Now

Wednesday, July 14th, 2021 12 PM EST

Interested In How To Start Farming?

We take you through the whole journey one step at a time. From finding customers to training to delivery logistics, we’ve got you covered.

Learn more

Get in touch!

Are you interested in learning more about how to become a Freight Farmer? Contact us for additional information on how to get started today.

Read More

VIDEO: Ohio Company Redefines Farming By Going Indoors

Farm Manager Noah Zelkind was working on Wall Street before making the switch to 80 Acres, which houses 20 different growing rooms

The Hamilton company 80 Acres Farm will now have produce in Kroger stores across the state.

BY OLIVIA WILE

June 24, 2021

CINCINNATI — The future of farming is right here in Ohio, and it’s happening indoors. 

What You Need To Know

  • The company 80 Acres Farms has the ability to control and change the environment of each of the rooms where produce is growing

  • The farm doesn't see itself as competition with other conventional farms, but instead aims to help feed a growing population

  • Its produce is now being sold in Kroger locations in Ohio

The company 80 Acres Farms in Hamilton, 20 miles north of Cincinnati, is one of just a handful of “vertical farms” in the world. Farm Manager Noah Zelkind was working on Wall Street before making the switch to 80 Acres, which houses 20 different growing rooms.

“We have 10 levels stacked on top of each other, 10 rows long, and 10 tables inside of each row,” said Zelkind. 

The company is able to control and change the environment of each of the rooms where produce is growing. It’s technology that’s years in the making. 

“We went through and tried to study nature and replicate everything that’s important about it and really make sure we’re giving the plant exactly what it needs but in the most efficient way possible.”

It's a method Zelkind said gives the company ultimate control.

"This really is the next generation of farming," he said. "We have a completely different level over the control of the entire process of growing than anything anyone has done before.”

“You're going to get the same healthy fresh lettuce whether you're in the middle of winter and it's snowing outside or you’re in the middle of the summer.”

But he said the company is not trying to compete with conventional farmers.

"We don’t see ourselves competing with farmers at all,” said Zelkind. “If you look, we’re supposed to have 10 billion people in the world in the next 20 to 30 years, and in order to feed the population, we’re going to need 70% more arable land.”

The farm's produce is now available in Kroger stores across the state.

Read More

USA: BOSTON - 'Space-Age Farming': Agtech Company Looks To Expand In Mass.

The company (Nasdaq: APPH) was founded in 2017 with the mission to modernize the way food is grown and delivered to large enterprises

By Miranda Perez - Inno Reporter

June 23, 2021

AppHarvest has a local office in Woburn and is looking to develop local tech centers under the direction of Chief Technology Officer Josh Lessing. AppHarvest

AppHarvest has a local office in Woburn and is looking to develop local tech centers under the direction of Chief Technology Officer Josh Lessing. AppHarvest

AppHarvest, a Kentucky-based, agriculture-tech startup, is looking to expand to Boston to further develop its tech-centered farming.

The company now has a local office in Woburn, and it's looking to develop local tech centers under the direction of its chief technology officer, Josh Lessing.

The company (Nasdaq: APPH) was founded in 2017 with the mission to modernize the way food is grown and delivered to large enterprises. It maintains indoor farms that operate year-round, using no pesticides to maintain freshness and relying on recycled rainwater to leverage sustainability.

“This brilliant technology, originally made in the Netherlands, where you could make food anywhere in the world, allows us to do it year-round, with 90% less water and with 30 times more yield per acre,” Lessing said.

The public company, which has 550 employees, is looking to “massively expand'' in upcoming projects in robotics and enterprise software for the agricultural industry. 

In a statement regarding it's 2020 annual filing, the company said it a "pre-revenue state in 2020," and reported a net loss of $17.4 million, compared to $2.7 million for the year before.

AppHarvest has one fully-functional farm right now with two more being built. The goal is to have a dozen by 2025.

The existing farm is a 60-acre building, which Lessing describes as “almost like being inside of some combination of a 60-acre robot and its own world.” Inside is an entire ecosystem of insects that support the pollination of fruits and manage to keep the “bad bugs” away. The main focus is on tomatoes now, but Lessing says he plan to expand to other fruits and vegetables.

Watering is automatic, through robotic systems. Other systems are designed to handle specially designed supplemental lights.

“It's just remarkably space age farming,” Lessing said.

AppHarvest food is available in the top 25 grocery stores and in some food service locations such as Kroger and Wendy’s.

“If you talk to a farmer, there's an infinite amount of work that you can be doing at a farm and there's never enough time to get it done. AppHarvest frees us up to start doing more individualized crop care,” Lessing said.

Read More

Need A Reason To Attend? Here Are Five

Zoom Fatigue Is Real Nothing against Zoom! It's helped us all stay connected and kept things going during the last year - and will continue to be an incredible tool moving forward

Zoom Fatigue Is Real

Nothing against Zoom! It's helped us all stay connected and kept things going during the last year - and will continue to be an incredible tool moving forward. But there's just nothing like face-to-face gatherings and getting that first-hand look at the latest product innovations. So step away from that screen and experience all Indoor Ag-Con has to offer.

Powerful Educational Line-Up

Headline keynotes featuring CEOs from AeroFarms, Sensei Ag, 80 Acres Farms. 3 Comprehensive Tracks. Afternoon Panel Discussions. Speakers from Kalera, Bright Farms, Vertical Harvest, Driscolls, Crop One, AppHarvest, Square Roots, Planet Farms, Brick Street Farms, and countless others will all be part of our idea-packed conference program

A Show Floor Filled With Introductions & Innovations

Experience a show floor filled with breaking trends, new introductions, networking opportunities and cocktail receptions. From the biggest names in the industry to emerging leaders, you'll see the latest LED innovations, controls, sensors, irrigation, seeds, greenhouse solutions, horticultural solutions, substrates and so much more. See who's exhibiting

Orlando = Hotel & Area Attraction Discounts

What better way to get back out there! Centrally located, the Hilton Orlando show venue is the perfect spot for a business vacation! In addition to hotel rates starting as low as $129, you can also enjoy all sorts of discounts on area attractions, restaurants, shops and more!

Nothing to Lose! 100% Money Back Guarantee!

We're so confident you will benefit from your experience that we guarantee your registration fee! Get your money's worth ... or get your money back! This guarantee covers your registration fee but not travel, hotel or other expenses incurred. Learn more

REGISTER NOW & SAVE WITH EARLY BIRD RATES!

SPECIAL THANKS TO OUR INDOOR AG-CON SPONSORS,
MEDIA & MARKETING ALLIES

Indoor Ag-Con, 3834 Silvestri Lane, Las Vegas, NV 89120, United States

Read More

Food Is Poised To Get A Lot More Expensive, But It Doesn’t Have To

Today, with inflation on the rise, we need to consider what we can do to ensure the cost of a healthy diet stays within reach. There are two broad approaches. The first is to reduce poverty. The second is to reduce the cost of food.

June 21, 2021

As we emerge from the pandemic, people everywhere are facing punishing housing costs and stagnant wages. At the grocery store, consumers are also confronting rising food prices, a sobering reminder that good food costs too much for too many.

Consumers aren’t used to expensive food. Over the past few years, most North Americans have typically spent around 10 per cent of household income on sustenance. In 1900, (when housing was much more affordable), food costs took up 42 per cent of incomes in the United States.

By 1950, new agricultural technologies had boosted production, helping slash costs to 30 per cent, but the gains were just beginning. The number fell to 18 per cent by 1960, and has mostly trended downward since.

We’re not used to expensive food, because it’s been relatively cheap for so long. (Unsplash)

Today, with inflation on the rise, we need to consider what we can do to ensure the cost of a healthy diet stays within reach. There are two broad approaches. The first is to reduce poverty. The second is to reduce the cost of food.

Both approaches are necessary but we’re focusing on the latter: how to keep food costs down. In particular, we believe that with the right strategies, in the relatively near future, even healthy food may be cheaper than ever. The key will be technology and policy. To the doubters, and we know there are many, consider the following example.

40-year-old wager

In 1980, an economist made a bet against an ecologist.

Julian Simon, a business professor at the University of Maryland, wagered Paul Ehrlich, an ecologist at Stanford University, that the cost of raw materials would fall over the decade. Ehrlich chose a set of raw materials and the two agreed to reconvene on Sept. 29, 1990. If prices rose (a sign of scarcity), Ehrlich won. But if they fell (a sign of abundance), Simon would come out on top.

The reason for the bet related to each man’s worldview. Simon was a strong proponent that innovation and technology allow us to overcome limits to growth. Ehrlich observed the world’s environmental problems and argued the result of population growth would be famine, scarcity and ruin.

Forty years later, with the spectre of inflation twinned with climate change, a similar debate is emerging. We’d like to advance our notion, more aligned with the optimism expressed by Simon. We believe that thanks to technology, healthy food might actually become cheaper — radically cheaper — over the next 20 years as innovation provides many tools to overcome some of the problems caused by resource scarcity.

How can we do it?

Today, a wave of technological innovation is sweeping over food and farming systems. Better quality seeds are helping farmers all over the world remain productive during droughts.

Smart tractors, new “green chemistry” platforms and nanotechnology promise that in the near future farmers will reap record harvests while only applying a fraction of the fertilizers and pesticides they once did.

Greenhouses could result in fresh fruits and vegetables grown in close proximity to consumers. (Erwan Hesry/Unsplash)

Greenhouses could result in fresh fruits and vegetables grown in close proximity to consumers. (Erwan Hesry/Unsplash)

Cellular agriculture, which involves producing animal proteins in bioreactors or fermentation tanks, is poised to produce an enormous amount of protein.

And extraordinary improvements in artificial lighting and automation suggest that even fruits and vegetables may soon be produced at low costs in greenhouses and vertical farms close to consumers.

‘Good cheap’ versus ‘bad cheap’

But before we get too carried away, there is an important nuance. If food is cheap because the environment is exploited, or agricultural workers and farm animals are treated badly, then having cheap food won’t solve any problems.

Similarly, if cheap food is low-quality and unhealthy, that doesn’t help either. When it comes to cheap food, we have to distinguish between “good cheap” and “bad cheap.”

Migrant workers do maintenance at an asparagus farming facility in southwestern Ontario that experienced a COVID-19 outbreak. THE CANADIAN PRESS/Nathan Denette

Ensuring we end up on the right side of this equation is where policy comes in. Government regulations must put a price on things like greenhouse gas emissions and water pollution so that farmers who are good stewards of the environment are rewarded.

Similarly, animal welfare must be protected and labour compensated appropriately (both in agriculture and across the economy). If we calibrate the right policies, then the technologies that are giving us new ways of producing food really have the potential to lower the cost of healthy, sustainable and affordable nutrition. Good food won’t have to cost the earth.

Who won the bet?

The economist won the bet against the ecologist. All of the resources Ehrlich identified declined in price over the 1980s. Simon crowed about the role of ingenuity and innovation. Ehrlich grumbled he’d chosen badly and a recession in 1990 artificially dampened prices.

Both academics were partly right and partly wrong. Ehrlich underestimated the innovation Simon celebrated. But Simon did not appreciate the importance of a strong policy to protect labour and the environment.

As we look at the 21st century, a century that threatens both massive disruptions but also promises huge innovations, we need two things.

First, we must capitalize on the technology that can help us change the way we produce food. And we can never forget the importance of public policy to ensure there’s a fair price put on things such as biodiversity, climate change, human labour and animal welfare.

If we embrace both of these principles, there is a very real chance that we will be able to bring the price of producing healthy food down without destroying the ecosystems we all depend on for life.

Authors

Evan Fraser

Director of the Arrell Food Institute and Professor in the Dept. of Geography, Environment and Geomatics, University of Guelph

Lenore Newman

Canada Research Chair, Food Security and the Environment, University of The Fraser Valley

Disclosure statement

Evan Fraser is director of Arrell Food Institute at the University of Guelph, co-chair of the Canadian Food Policy Advisory Council, is vice-chair of the Maple Leaf Centre for Action on Food Security, and a scientific advisor to the vertical farming startup Cubic. He receives funding from the Canadian government and is affiliated with the Royal Society of Canada's College of New Scholars.

Lenore Newman is the Director of the Food and Agriculture Institute at the University of the Fraser Valley, is the chair of the science advisory for Cubic Farms, and receives funding from the Social Science and Humanities Research Council

Partners

University of Guelph provides funding as a founding partner of The Conversation CA.

University of Guelph provides funding as a member of The Conversation CA-FR.

The Conversation UK receives funding from these organisations

View the full list

Read More

USA - FLORIDA: Finn Farms Begins Production At Babcock Ranch

The goal is to naturally grow produce year-round without fighting Florida’s humidity, and one company did it with 95% less water than traditional agriculture

Reporter: Erika Jackson
Writer: Jackie Winchester

June 21, 2021

From Seeds To Your Table,

There’s A One-Of-A-Kind Prototype

Greenhouse In Southwest Florida

The goal is to naturally grow produce year-round without fighting Florida’s humidity, and one company did it with 95% less water than traditional agriculture.

“This is controlled environment agriculture at its best,” said Oskari Kariste, founder and CEO of Finn Farms at Babcock Ranch.

What exactly does that mean? To break it down, the greenhouse is about the size of a soccer field. It can seed 60,000 plants a day and produce 1.5 million pounds of greens a year. That’s the same as 60 acres of open-field farming.

“This is totally the future of farming,” Kariste said.

He brought Finnish farming to Southwest Florida, dropping it in the heart of Babcock Ranch.

“What better way to do it than when you’re thinking about sustainability and innovation all at the same time,” said Syd Kitson, CEO, and chairman of Kitson & Partners.

The $13 million greenhouse uses recycled rainwater and condensation from the plants. It takes 95% less water to keep these plants thriving compared to traditional farming.

The plants grow on 300-foot-long tables. Most are harvested in less than 30 days.

“You have to see taste and feel the production in your hands and we are able to show how premium our quality is,” Kariste said.

“It’s always local and fresh, I think that’s the key component.”

Finn Farms is negotiating with buyers to start selling its produce. Phase two of the project is expected to be double the size and include vertical farming.

Read More

Polygreens Podcast Episode: 31 - Richard Vollebregt - Part 2

In this episode, Joe and Nick continue interviewing Richard Vollebregt, President & CEO of Cravo Equipment Ltd, a company that develops retractable roof production systems to enhance berry, cherry, cannabis and vegetable production for growers worldwide

 In this episode, Joe and Nick continue interviewing Richard Vollebregt, President & CEO of Cravo Equipment Ltd, a company that develops retractable roof production systems to enhance berry, cherry, cannabis, and vegetable production for growers worldwide.
His background in economics combined with 30+ years of experience designing automated retractable roof greenhouses, knowledge of plant physiology and my worldwide experience in many crop industries allows me to be very effective in designing crop production systems and then creating financial models which benchmarking again conventional greenhouses, tunnels, and open field production.

Latest Episode

image.jpeg
Read More

Nature Fresh Farms Wins Big In The Tomato Category At This Year’s Leamington Greenhouse Vegetable Awards

The Greenhouse Competitions has been a local event that Nature Fresh Farms looks forward to every year and is always proud of placing and especially honored to earn top spots for some of their favorite varieties!

Leamington, ON (June 15th, 2021) – Greenhouse Competitions in Leamington, Ontario, made a return this year hosting its annual Greenhouse Vegetable Awards this past weekend. Showcasing the best greenhouse-grown produce from leading North American growers, family-owned Nature Fresh Farms came back to the competition, prevailing in their yearly tradition of receiving many top accolades, including overall winner of the Hottest Tomato with their newest Umami Cherry Tomato, in addition to winning the entire Bite-Sized Tomato category with their Axiany placing third, Orange Cherry receiving second, and their Umami Cherry Tomato awarded first place.

Nature Fresh Farms took home awards in the following categories:

  • -  Best Overall Tomato

  • -  Best Tomato on the Vine Cluster Tomato Category 1st & 2nd Place

  • -  Best Bite-Sized Tomato Category 1st, 2nd, 3rd Place

  • -  Best Specialty Tomato Category

  • -  Sweetest Strawberry Category 2nd Place

  • -  Coolest Cucumber, English Cucumber Category 2nd Place

  • -  Hottest Tomato, Beefsteak Tomato Category 2nd Place

  • -  Hottest Tomato, Roma Tomato Category 3rd Place

  • -  Perfect Pepper, Orange Bell Category 2nd Place

  • -  Perfect Pepper, Red Bell Category 2nd Place

  • -  Perfect Pepper, Yellow Bell Category 2nd Place

The Greenhouse Competitions has been a local event that Nature Fresh Farms looks forward to every year and is always proud of placing and especially honored to earn top spots for some of their favorite varieties!

“Every year this event draws a lot of local attention with the grower base,” shared Director of Sales, Matt Quiring. “This year’s event presented us with a clean sweep on the Bite-Sized Tomato Category taking home 1st, 2nd, and 3rd place in one of the most highly sought-after Tomato categories.

In addition to that, we walked away with the Best Cluster, Best Specialty Tomato, and Best Overall Tomato for the 2nd consecutive year the contest has run. It is always great validation to see that our growing processes and seed selection strategies are paying off. With this year being our first year entering into the strawberry segment, we are excited to have also received 2nd place overall proving that we will be a force to contend with in the future!”

Nature Fresh Farms is thrilled to be a Farm Level Sponsor with all funds raised from the Greenhouse Vegetable Awards going to R.E.A.C.H International. This local charity has continuously hosted this annual competition which celebrates Essex County as being the largest greenhouse industry in North America. As a recognized and registered Canadian charity, R.E.A.C.H International’s humanitarian efforts assist the poor all over the world with their main project currently in Uganda.

Lead photo: Matt Quiring (left); Benny Teichroeb (right)

-30-

About Nature Fresh Farms -

Continuously expanding, Nature Fresh Farms has become one of the largest independent, vertically integrated greenhouse vegetable farms in North America. As a year-round grower with farms in Leamington, ON, Delta, OH, and Mexico, Nature Fresh Farms prides itself on consistently delivering exceptional flavor and quality to key retailers throughout North America, while continuing to innovate and introduce more viable and sustainable growing and packaging solutions.

SOURCE:

Nature Fresh Farms | info@naturefresh.ca T: 519 326 1111 | www.naturefresh.ca

NFF_Tomato_Awards_Photo_1.jpg
Read More

USA - KENTUCKY: AppHarvest Announces Ground-Breaking For Fourth And Fifth High-Tech Indoor Farms

The high-tech Somerset farm marks the company’s expansion into growing berry crops. The Somerset indoor farm will be 30 acres

The Company’s Newest Large-Scale Controlled Environment Facilities, Located In Somerset and Morehead, Ky., Will Grow Strawberries And Leafy Greens, Respectively

June 21, 2021 

Source: AppHarvest

MOREHEAD, Ky., June 21, 2021 (GLOBE NEWSWIRE) -- AppHarvest, Inc. (NASDAQ: APPH, APPHW), a leading AgTech company, public benefit corporation and Certified B Corp focused on farming more sustainably using up to 90% less water than open-field agriculture and only recycled rainwater, today announced the start of construction for two new high-tech indoor farms in Central Appalachia. The company’s new farms, located in Somerset and Morehead, Ky., will grow berries and leafy greens, respectively.

The high-tech Somerset farm marks the company’s expansion into growing berry crops. The Somerset indoor farm will be 30 acres.

The high-tech Morehead, Ky. farm is the second AppHarvest farm in Rowan County to date. The new Morehead facility will produce leafy greens and will be about 15 acres.

AppHarvest’s newest indoor farms in Morehead and Somerset are preceded by the company’s flagship 2.76-million-square-foot facility growing tomatoes in Morehead; a 15-acre facility in Berea that will grow leafy greens; and a 60-acre facility in Richmond that will grow vine crops.

"These new facilities place us exactly where we want to be at the forefront of AgTech. With today’s dual announcement, we put ourselves ahead of our development schedule,” said AppHarvest Founder & CEO Jonathan Webb. “Our Somerset and Morehead farms will build on the success of our flagship farm to provide higher quality produce using cutting-edge technology at a large scale.”

AppHarvest’s goal is to operate 12 high-tech indoor farms by the end of 2025, and today’s announcement means five of those now have been put on the map. Construction for both the Somerset and Morehead facility is anticipated to finish by the end of 2022.

“AppHarvest has positioned Kentucky as a leader in the AgriTech industry, created hundreds of good-paying jobs for our people and pushed through and thrived during some of our most difficult times,” said Gov. Beshear. “Even as a pandemic raged, Jonathan Webb and his team built one of the biggest indoor farming operations anywhere using one of the most advanced LED-lighting systems ever created. We know the jobs and investments of the future will flow to those who can meet these challenges, so why not us? AppHarvest is making it happen.” AppHarvest’s newest facilities will provide hundreds of well-paying jobs to Eastern Kentuckians in and around Somerset-Pulaski and Rowan Counties.

Both the Somerset-Pulaski and Rowan County facilities will produce non-GMO fruits and vegetables free of harsh chemical pesticides, to be distributed to top U.S. grocers and restaurants. Because of the company’s strategic location in Appalachia, AppHarvest can reach nearly 70% of the U.S. population in a day’s drive, with up to 80% less diesel fuel compared to existing growers in Mexico and the Southwestern U.S.

Supporting Quotes
Congressman Hal Rogers: “I am excited to welcome AppHarvest to Pulaski County and the Lake Cumberland area. Our rich farming history and skilled workforce makes southern Kentucky a prime partner for this innovative AgTech industry. As AppHarvest expands efforts to farm for our future, they are also inspiring a new generation of ingenuity and stellar work ethic that will benefit our region for generations to come.”

Somerset Mayor Alan Keck: “AppHarvest is breaking ground literally and imaginatively across Southern and Eastern Kentucky, and the company’s record growth creates a beautiful synergy with the record growth we are seeing in Somerset and Pulaski County. We share a vision for what this community and this region of Kentucky can become, that it can grow and thrive with the right nurturing and investment. We are thrilled AppHarvest chose Somerset and Pulaski County to expand and are honored to partner with this visionary company.”

Morehead Mayor Laura White-Brown: “This groundbreaking continues to highlight the progression of Eastern Kentucky and Appalachia. AppHarvest continues to pave the way for communities in this region by contributing to the workforce and economic development and at the same time helping to combat world hunger.”

Pulaski County Judge-Executive Steve Kelley: "What an exciting time this is to witness up-close an industry disruption. Who would have imagined that Southern and Eastern Kentucky could be an industry leader in produce supply? With AppHarvest’s vision and determination, we have that chance. We welcome AppHarvest to our county with open arms, and we can’t wait to see its prosperity here. It is victories like these that make me proud of my county."

About AppHarvest
AppHarvest is an applied technology company building some of the world’s largest high-tech indoor farms in Appalachia that grow non-GMO, chemical pesticide-free produce using up to 90% less water than open-field agriculture and only recycled rainwater while producing yields up to 30 times that of traditional agriculture on the same amount of land with zero agricultural runoff. The Company combines conventional agricultural techniques with cutting-edge technology including artificial intelligence and robotics to improve access for all to nutritious food, farming more sustainably, building a domestic food supply, and increasing investment in Appalachia. The Company’s 60-acre Morehead, Ky. facility is among the largest controlled environment agriculture facilities in the U.S. For more information, visit https://www.appharvest.com/.

Forward-Looking Statements
Certain statements included in this press release that are not historical facts are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook,” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. All statements, other than statements of present or historical fact included in this press release, regarding Novus Capital’s proposed acquisition of AppHarvest, Novus Capital’s ability to consummate the transaction, the benefits of the transaction and the combined company’s future financial performance, as well as the combined company’s growth plans and strategy, future operations, estimated financial position, estimated revenues and losses, projected costs, prospects, plans and objectives of management are forward-looking statements. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of AppHarvest’s management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on as, a guarantee, an assurance, a prediction, or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of AppHarvest. These forward-looking statements are subject to a number of risks and uncertainties, including those discussed in Novus Capital’s registration statement on Form S-4, filed with the SEC on October 9, 2020 (the “Registration Statement”), under the heading “Risk Factors,” and other documents Novus Capital has filed, or will file, with the SEC. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. In addition, forward-looking statements reflect AppHarvest’s expectations, plans, or forecasts of future events and views as of the date of this press release. AppHarvest anticipates that subsequent events and developments will cause its assessments to change. However, while AppHarvest may elect to update these forward-looking statements at some point in the future, AppHarvest specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing AppHarvest’s assessments of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements.

Important Information for Investors and Stockholders
In connection with the proposed transaction, Novus Capital has filed the Registration Statement with the SEC, which includes a preliminary proxy statement to be distributed to holders of Novus Capital’s common stock in connection with Novus Capital’s solicitation of proxies for the vote by Novus Capital’s stockholders with respect to the proposed transaction and other matters as described in the Registration Statement, as well as the prospectus relating to the offer of securities to be issued to AppHarvest’s stockholders in connection with the proposed transaction. After the Registration Statement has been declared effective, Novus Capital will mail a definitive proxy statement, when available, to its stockholders. Investors and security holders and other interested parties are urged to read the proxy statement/prospectus, any amendments thereto and any other documents filed with the SEC carefully and in their entirety when they become available because they will contain important information about Novus Capital, AppHarvest and the proposed transaction. Investors and security holders may obtain free copies of the preliminary proxy statement/prospectus and definitive proxy statement/prospectus (when available) and other documents filed with the SEC by Novus Capital through the website maintained by the SEC at http://www.sec.gov, or by directing a request to: Novus Capital Corporation, 8556 Oakmont Lane, Indianapolis, IN 46260. The information contained on, or that may be accessed through, the websites referenced in this press release is not incorporated by reference into, and is not a part of, this press release.

Participants in the Solicitation
Novus Capital and its directors and officers may be deemed participants in the solicitation of proxies of Novus Capital’s shareholders in connection with the proposed business combination. Security holders may obtain more detailed information regarding the names, affiliations and interests of certain of Novus Capital’s executive officers and directors in the solicitation by reading the Registration Statement and other relevant materials filed with the SEC in connection with the business combination when they become available. Information concerning the interests of Novus Capital’s participants in the solicitation, which may, in some cases, be different than those of their stockholders generally, is set forth in the Registration Statement.

MEDIA CONTACT: blair.carpenter@appharvest.com
INVESTOR CONTACT: kaveh.bakhtiari@appharvest.com
IMAGE/VIDEO GALLERY: Available here

Read More

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

logo-produce-1.png

June 18, 2021

HAMILTON, Mont.–(BUSINESS WIRE)–Breakthrough U.S. indoor agriculture company Local Bounti Corporation (Local Bounti) has agreed to go public through a merger with Leo Holdings III Corp. (Leo or Leo Holdings) (NYSE: LIII), a publicly-traded special purpose acquisition company, pursuant to a definitive business combination agreement. The transaction values the combined company at an equity value of $1.1 billion (assuming no redemptions) and upon closing of the transaction, the combined company is expected to remain listed on the New York Stock Exchange under the symbol “LOCL”.

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 – which are investing in the combined company through a private investment in public equity (PIPE) arrangement. Cargill is also expected to provide $200 million in debt financing to accelerate Local Bounti’s expansion plans. Local Bounti plans to use the capital to build local strategically-located indoor farming facilities across the Western U.S. to provide fresh, superior-tasting, long-lasting and sustainably-grown produce with minimal carbon footprint.

Local Bounti Investment Highlights

Superior unit economics, with high yield and low-cost operations, enabled by unique hybrid facility configuration that addresses the challenges of conventional greenhouse and vertical farming

Producing leafy greens today at initial facility with pipeline to grow to eight facilities and the company expects to have over 30 SKUs by the end of 2025, which extends Local Bounti’s penetration, beginning in the largely untapped Western U.S. market

Superior brand and product that is local and sustainable across a growing number of SKUs, currently in more than 400 retail stores, including Associated Food Stores and URM served retail banners such as Rosauers, Super 1 Foods and Yoke’s

Strong commitment to Environmental, Social and Governance (ESG) practices and standards, including an executive team member who is Global Reporting Initiative (GRI)-certified to ensure aggressively transparent reporting per GRI and Sustainability Accounting Standards Board

Best-in-class, established management team of seasoned veterans at scaling early-stage companies, with Fortune 500 and public company experience

“Today’s announcement takes Local Bounti to the next level in enabling local, sustainable production and delivery of fresh, delicious and nutritious produce, including in regions that traditionally don’t have access to local supply, starting in the Western U.S. and expanding globally,” said Local Bounti Co-Founder and Co-CEO Craig Hurlbert. Based on publicly available market research on CEA, Local Bounti believes the current Western U.S. market opportunity is approximately $10.6 billion, and estimates that the total U.S. market for vegetables and herbs will reach up to $30 billion by 2025.

“We look forward to leveraging our proven business model as we accelerate the building of cutting-edge local production facilities that feature our proprietary IP, referred to as Stack & Flow Technology™, and transforming conventional agriculture practices for the benefit of all our customers, no matter where in the world they’re located,” he said, adding that the company’s growth plans include adding seven new facilities and local leadership in different geographic regions, as well as global expansion of its proprietary technology.

An industry disruptor changing the way food is grown and re-imagining the Farm of the Future™, Local Bounti is a premier controlled environment agriculture (CEA) company redefining ESG standards for indoor agriculture. The company’s unique business model is based on building local facilities, operated by local teams, to deliver the freshest and highest quality produce to local communities while maintaining a limited carbon footprint. Using proprietary technology to grow leafy greens and herbs in a smart, indoor controlled environment – and with a cultivation process that uses 90 percent less water and land than conventional agriculture, free from herbicides or pesticides – Local Bounti delivers high-quality produce that not only has a longer shelf life, but is also superior in taste.

“Local Bounti is set to be a transformational force in the AgTech industry with its demonstrated concept and model in food production and distribution,” said Lyndon Lea, President and CEO of Leo. “Combining Local Bounti’s emphasis on innovation, entrepreneurial spirit, and technology-driven approach with the institutional knowledge of the Leo Holdings team, we are confident in the company’s ability to expand in both reach and consumer offerings.”

Leveraging its innovative proprietary modular and scalable building system, which is designed to easily and efficiently replicate the company’s sustainable indoor farm model, Local Bounti is more than doubling the size of its flagship facility in Hamilton, Montana, and plans to break ground on additional facilities in the Western U.S. before the end of this year.

To learn more about Local Bounti’s unique growing process, diversified product offerings and experienced leadership team, please visit localbounti.com.

Transaction Overview

As a result of the transaction with Leo, Local Bounti will receive up to $400 million in gross proceeds (assuming no redemptions), including $125 million from a fully committed PIPE anchored by existing investors and new investors, including Fidelity Management & Research Company LLC, BNP Paribas Asset Management Ecosystem Restoration Fund and Cargill.

The Boards of Directors of Local Bounti and Leo unanimously approved the transaction, and the transaction will require the approval of the stockholders of both Local Bounti and Leo and is subject to other customary closing conditions. The transaction is expected to close in the second half of 2021.

Additional information about the proposed transaction, including a copy of the merger agreement and investor presentation, will be provided in a Current Report on Form 8-K to be filed by Leo Holdings III with the Securities and Exchange Commission (SEC) and will be available at www.sec.gov. For materials and information, visit the investor section of www.leoholdings.com for Leo, which can be found HERE.

Advisors

Morgan Stanley & Co. LLC, Deutsche Bank Securities Inc., and Nomura Securities International, Inc. served as placement agents on the PIPE and Debevoise & Plimpton LLP served as legal advisor to the placement agents. Kirkland & Ellis LLP served as legal advisor to Leo. Morgan Stanley & Co. LLC and Nomura Greentech served as financial advisors to Local Bounti and Orrick Herrington & Sutcliffe LLP served as legal advisor to Local Bounti.

About Local Bounti

Local Bounti is a premier controlled environment agriculture (CEA) company redefining conversion efficiency and environmental, social and governance (ESG) standards for indoor agriculture. The company operates an advanced indoor growing facility in Hamilton, Montana, within a few hours’ drive of its retail and food service partners. Reaching retail shelves in record time post-harvest, Local Bounti produce is superior in taste and quality compared to traditional field-grown greens. The company’s USDA Harmonized Good Agricultural Practices (GAP Plus+) and non-genetically modified organisms (GMO) produce is sustainably grown using proprietary technology 365 days a year, free of pesticides and herbicides, and using 90 percent less land and water than conventional outdoor farming methods. With a mission to ‘bring our farm to your kitchen in the fewest food miles possible,’ Local Bounti is disrupting the cultivation and delivery of produce. The company is also committed to making meaningful connections and giving back to each of the communities it serves. To find out more, visit localbounti.com or follow the company on LinkedIn for the latest news and developments.

About Leo Holdings III Corp and Leo Holdings

Leo Holdings III Corp is a special purpose acquisition company (SPAC) that seeks to invest in entrepreneurially driven growth companies that seek to disrupt existing industries or business models. The management team has extensive experience owning and operating businesses on a global scale through its private equity vehicle, Lion Capital. Leo Holdings’ management team has collaboratively worked together for over 20 years.

Leo Holdings III Corp is part of a special purpose acquisition company initiative, Leo Holdings, which is focused on investing in disruptive, innovative business models. The initiative seeks businesses positioned to thrive in the evolving digital information age where changing consumer behavior creates the opportunity for outsized returns. In 2020, Leo Holdings Corp entered into a business combination with DMS, a disruptive performance marketing business which delivers high-intent customers while de-risking client advertising spend. Leo Holdings Corp II (LHC) and Leo Holdings III Corp (LIII) are currently listed on the NYSE.

Leo Holdings was formed by the principals of Lion Capital, which is led by Founder and Managing Partner, Lyndon Lea. For more information, visit https://leoholdings.com/.

Cautionary Statement Regarding Forward-Looking Statements

Certain statements included in this Press Release that are not historical facts are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook,” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding estimates and forecasts of other financial and performance metrics and projections of market opportunity. These statements are based on various assumptions, whether or not identified in this Press Release, and on the current expectations of Local Bounti’s and Leo’s management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of Local Bounti and Leo. These forward-looking statements are subject to a number of risks and uncertainties, including changes in domestic and foreign business, market, financial, political and legal conditions; the inability of the parties to successfully or timely consummate the proposed transaction, including the risk that any required regulatory approvals are not obtained, are delayed or are subject to unanticipated conditions that could adversely affect the combined company or the expected benefits of the proposed transaction or that the approval of the stockholders of Leo or Local Bounti is not obtained; failure to realize the anticipated benefits of the proposed transaction; risks relating to the uncertainty of the projected financial information with respect to Local Bounti; the effects of competition on Local Bounti’s future business; the impact of the COVID-19 pandemic on Local Bounti’s business; the ability of Leo or the combined company to issue equity or equity-linked securities or obtain debt financing in connection with the proposed transaction or in the future, and those factors discussed in Leo’s final prospectus dated February 25, 2021 under the heading “Risk Factors,” and other documents of Leo filed, or to be filed, with the SEC. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that none of Leo or Local Bounti presently know or that Leo or Local Bounti currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Leo’s and Local Bounti’s expectations, plans or forecasts of future events and views as of the date of this Press Release. Leo and Local Bounti anticipate that subsequent events and developments will cause Leo’s and Local Bounti’s assessments to change. However, while Leo and Local Bounti may elect to update these forward-looking statements at some point in the future, Leo and Local Bounti specifically disclaim any obligation to do so. These forward-looking statements should not be relied upon as representing Leo’s and Local Bounti’s assessments as of any date subsequent to the date of this Press Release. Accordingly, undue reliance should not be placed upon the forward-looking statements. Certain market data information in this Press Release is based on the estimates of Local Bounti and Leo management. Local Bounti and Leo obtained the industry, market and competitive position data used throughout this Press Release from internal estimates and research as well as from industry publications and research, surveys and studies conducted by third parties. Local Bounti and Leo believe their estimates to be accurate as of the date of this Press Release. However, this information may prove to be inaccurate because of the method by which Local Bounti or Leo obtained some of the data for its estimates or because this information cannot always be verified due to the limits on the availability and reliability of raw data, the voluntary nature of the data gathering process.

Important Information

In connection with the proposed transaction, Leo intends to file a registration statement on Form S-4, including a proxy statement/prospectus (the “Registration Statement”), with the SEC, which will include a preliminary proxy statement to be distributed to holders of Leo’s ordinary shares in connection with Leo’s solicitation of proxies for the vote by Leo’s shareholders with respect to the proposed transaction and other matters as will be described in the Registration Statement, and a prospectus relating to, among other things, the offer of the securities to be issued to Local Bounti’s stockholders in connection with the proposed transaction. After the Registration Statement has been declared effective, Leo will mail a definitive proxy statement/prospectus, when available, to its shareholders. Investors and security holders and other interested parties are urged to read the proxy statement/prospectus, and any amendments thereto and any other documents filed with the SEC when they become available, carefully and in their entirety because they contain important information about Leo, Local Bounti and the proposed transaction. Investors and security holders may obtain free copies of the preliminary proxy statement/prospectus and definitive proxy statement/prospectus (when available) and other documents filed with the SEC by Leo through the website maintained by the SEC at http://www.sec.gov. These documents (when they are available) can also be obtained free of charge from Leo upon written request to Leo by emailing brown@leo.holdings or by directing a request to Leo’s secretary at c/o Leo Holdings III Corp, 21 Grosvenor Pl, London SW1X 7HF, United Kingdom.

Participants in the Solicitation

Leo and Local Bounti and their respective directors and certain of their respective executive officers and other members of management and employees may be considered participants in the solicitation of proxies with respect to the proposed transaction. Information about the directors and executive officers of Leo in its final prospectus dated February 25, 2021. Additional information regarding the participants in the proxy solicitation and a description of their direct interests, by security holdings or otherwise, will be set forth in the Registration Statement and other relevant materials to be filed with the SEC regarding the proposed transaction. Stockholders, potential investors, and other interested persons should read the Registration Statement carefully before making any voting or investment decisions. These documents, when available, can be obtained free of charge from the sources indicated above.

No Offer or Solicitation

This communication is for informational purposes only and is not intended to and shall not constitute an offer to sell or the solicitation of an offer to sell or the solicitation of an offer to buy or subscribe for any securities or a solicitation of any vote of approval, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, and otherwise in accordance with applicable law.

Tagged mergers & acquisitions, vertical farming

Read More

Research Signify And Fragaria Innova Into Growing Strawberries With LED Bears Fruits

“Extra growth light is needed to realize sufficient yield and quality in winter”, according to plant specialist Peer Hermans, who conducts the research on behalf of Signify

June 15, 2021

·     Provides better steering of the plants

·     Optimizes winter growth

·     Helps growers realize a stabile production pattern with high yield and good quality strawberries

Eindhoven, the Netherlands – Signify (Euronext: LIGHT), the world leader in lighting, has worked together with Fragaria Innova to develop specific light recipes for strawberries, resulting in a steady production pattern with high yield, and good quality strawberries in wintertime. The joint research over the past year helps to further optimize the winter production of the so-called ‘June bearers’, a strawberry cultivar known for relatively short peaks in production.

Within Fragaria Innova, progressive strawberry growers commit themselves, together with external partners, to innovation surrounding the themes of growing under light and plant health. For growing under light, Fragaria Innova and market leader Signify conduct a multi-year program with participating growers/propagators. At one of the production companies, a special compartment has also been equipped with separate climate control, this enables the testing of several growth- and light strategies for multiple cultivars under full LED. One of the main goals of the research is realizing a (more) stable production pattern during wintertime.

Current winter productions usually take place with June bearers with a short production period of 8 to 10 weeks, after which a new planting in another section takes over production to create a stable, flat production. Unlit cultivation dominates before- and after the winter production.

“Extra growth light is needed to realize sufficient yield and quality in winter”, according to plant specialist Peer Hermans, who conducts the research on behalf of Signify. “The trials have shown that you can influence the plant build-up somewhat with specific light recipes, for which LED is ideally suited.” By accurately tuning the light intensity and spectrum offered to the developmental stage of the plant, you can optimize the leaf surface and stretching of the flower trusses and leaf stalks. A better plant build-up can benefit the production. The idea is to raise the production quality through light optimization.  

Grower Marcel Dings from Brookberries, co-initiator behind Fragaria Innova, noticed some influence on the plant build-up, but the extra assimilates that came with it, went mostly to the crop and less to the fruits. Dings: “Next season will focus on how we can further optimize the division of the assimilates in the plant, and how we can get the assimilates to the fruits”. The grower notices that there are a lot of variables at play, such as: cultivars, planting times, cultivation goals, light spectra, light intensity, and the balance between natural daylight and artificial lighting. “The benefit of this new generation of LED grow lights is that we can play with lighting efficiently and that we can finetune the recipe to our own wishes and possibilities. Within this project, together we can achieve faster and more progress. I am satisfied with the results of this first year, but there is definitely room for further optimization. Hopefully, we can keep this going in the coming years.”

Grower Dave Linssen, a participant within Fragaria Innova (cultivar: Malling Centenary), had a trial with different spectra at one company location, planted in August just like his unlit crop. “The lit plants went into production earlier in winter, as expected. When it came to kilos and plant build-up, we hardly noticed any difference between the light spectra”, he concludes. “We may need to tinker a little to get the ideal light recipe for our company. It seems obvious to me that growing under LED is a desired addition.”

 Based on these encouraging results, the trial set-up for the coming season will be determined. Spectrum research and testing different cultivars will be part of this research. For more information on growing strawberries with LED grow lights, please go to www.philips.com/horti.

--- END ---

For further information, please contact:

Global Marcom Manager Horticulture at Signify

Daniela Damoiseaux

Tel: +31 6 31 65 29 69

E-mail: daniela.damoiseaux@signify.com

www.philips.com/horti

About Signify

Signify (Euronext: LIGHT) is the world leader in lighting for professionals and consumers and lighting for the Internet of Things. Our Philips products, Interact connected lighting systems and data-enabled services, deliver business value and transform life in homes, buildings and public spaces. With 2020 sales of EUR 6.5 billion, we have approximately 37,000 employees and are present in over 70 countries. We unlock the extraordinary potential of light for brighter lives and a better world. We achieved carbon neutrality in 2020, have been in the Dow Jones Sustainability World Index since our IPO for four consecutive years and were named Industry Leader in 2017, 2018 and 2019. News from Signify is located at the Newsroom, Twitter, LinkedIn and Instagram. Information for investors can be found on the Investor Relations page.

 About Innoveins | Fragaria Innova

Innoveins is an ecosystem where organizations cooperate at the cross-over between plants and technology to develop innovations through co-creation and bring them to the market.

Within Innoveins, Fragaria Innova unites ambitious strawberry growers to jointly tackle challenges in the areas of labor, upscaling, efficiency, plant health and resilience, biodiversity, growth media, product quality, continuity, delivery reliability and smart farming.

Read More

Freight Farms And CEO Vanzura Set To Reinvent Container Farming

Screen Shot 2021-06-18 at 1.02.42 PM.png

By Total Food Service

June 17, 2021

The global pressures exacerbated by COVID-19 and the rippling toll it takes on the international community has made one thing clear: preparedness is everything. The Coronavirus has exposed vulnerabilities in the global health network that no one could have imagined. Food production and distribution must now reset their agendas to prepare for catastrophe.

Freight Farms, a 2011 Agtech company that pioneered hydroponics-based container farming, is committed to preparing the world for the next disaster by reinventing the way we grow food.

“Fill in the blank with the institution, how prepared are you for the emerging trends that are impacting the world,” Freight Farms CEO Rick Vanzura explained. “Sustainability issues, land availability, water availability; those issues obviously preceded COVID-19, but we think there’s going to be a greater sense of urgency around folks expecting us to have an answer and be prepared for these global trends, as opposed to being reactive.”

Vanzura looks to channel his decade of experience as a restaurant executive, growing Wahlburgers from a single restaurant to a $100 million dollar institution, as well as greatly expanding Panera Bread, to redefine food production and distribution as a whole.

Freight Farms uses container-based “vertical farming” to do just that, allowing farmers to produce hundreds of high-quality local crops from a 320 square foot shipping container which automates the farming process for maximum efficiency.

Vanzura plans to expand and distribute these self-contained, sustainable farms to a wide diversity of industry segments. The priority will of course be the global communities that need them the most. “We see the Freight Farm as a perfect fit for countries with food access difficulties, short growing seasons and inherently challenging climates. There’s probably no location where having a hyper-local, highly traceable, always available solution isn’t going to make sense in some way,” he added.

In the name of access to high-quality food, in a sustainable model built to withstand a natural disaster, Freight Farms has now distributed their automated, hydroponic farms to 48 U.S states and across the world to 32 different countries, boasting success and efficiency from the Arctic wilderness, to the desert, and to concrete jungles.

Freight Farms believes that its emphasis on access, preparedness, and sustainability will be more necessary than ever in the wake of COVID-19, as well as global trends of food insecurity and environmental uncertainty. Vanzura explained that the company has already reacted to shifting demands by supporting small-scale farmers as they set up drive-through produce stations to reach customers directly.

Freight Farms CEO Rick Vanzura

Freight Farms CEO Rick Vanzura

“Demand during this time for that hyper-local, fresh product has certainly ramped up,” Vanzura added. “Hopefully, once people get a taste of it, they will understand the difference, and post Covid, our containers will become an industry staple.”

Vanzura sees his role as not only expanding to agriculturally vulnerable countries abroad but also increasing access to high-quality food across institutions in the United States. He wants to specifically target universities and has partnered with foodservice provider Sodexo to ensure local food is available to as many people as possible.

Vanzura says he was forced by his children to move beyond the world of crafting a restaurant chain’s vision and use his knowledge to make the world a better place. Freight Farms, with Vanzura’s leadership, has the ability to change the way we think of farming and change the world.

Freight Farms hopes to combat international uncertainty, face the threats of climate change, and provide people with fresh produce regardless of climatic constraints and difficulties. “Healthy food is a right, not a luxury,” and Freight Farms is helping make this mission statement a reality.

Lead photo: A Freight Farms container has unprecedented environmental control and exceptional ease-of-use to unlock your growing potential.

To learn more about Freight Farms and how they are reinventing container farming, visit their website.

Total Food Service

https://totalfood.com/

Total Food Service is a monthly B2B foodservice publication and website covering foodservice and hospitality news, industry trends, and exclusive interviews.

Read More

Whose Roundtable Will You Join At Indoor AgTech, June 24-25?

Are you ready to debate hyper-local food systems, optimizing plant traits and the best approaches to grower and buyer partnerships?

Are you ready to debate hyper-local food systems, optimizing plant traits and the best approaches to grower and buyer partnerships? Take your pick of 34 roundtable discussions hosted by international agtech leaders at this month’s Indoor AgTech Innovation Summit.

A hugely popular part of the program, the small group breakouts offer a great opportunity to expand your network and engage with the topics most critical to you and your business. You’ll benefit from different viewpoints and fresh thinking, leaving with a wealth of valuable new connections.

Whose discussion group will you join? Places are limited and tables fill quickly, so be sure to save your seat on the virtual platform.

ROUNDTABLE HOSTS & TOPICS

JOIN THEM - REGISTER NOW


Over 500 of your industry colleagues are already busy networking and booking their sessions on the virtual summit platform so don't miss out - join them now.

Remember, the platform will be available 24/7 for a full month after the summit, so you can continue to network with delegates and rewatch all the sessions on demand.


We are looking forward to welcoming you online.

Oscar Brennecke
Conference Producer
Indoor AgTech Innovation Summit
oscar.brennecke@rethinkevents.com
+44 (0)1273 789989

THANKS TO OUR PARTNERS

Marketing and Media Partners:

HOSTED ALONGSIDE

Read More

USA: MASSACHUSETTS - New Partnership Will Serve Meals For 400 Youth Per Day

Town to Table, a Boston-based container farm company, announced a partnership with the Boys & Girls Clubs of Metro South, an organization that accommodates kids in out-of-school-time hours

Town to Table, a Boston-based container farm company, announced a partnership with the Boys & Girls Clubs of Metro South, an organization that accommodates kids in out-of-school-time hoursy

Town to Table, a Boston-based container farm company, announced a partnership with the Boys & Girls Clubs of Metro South, an organization that accommodates kids in out-of-school-time hours. 

"Together, we are operating two Freight Farms that will serve community members, food pantries, non-profits organizations, and the Clubs’ Kids Café Healthy Meals program which provides meals for 400 youth per day and serves more than 100,000 meals annually," said Town to Table on their LinkedIn page. 

The farm will also be used as an educational resource to provide hands-on learning experiences for Club members with curricula-focused food systems, food justice, nutrition, and sustainability. 

For more information:
Town to Table
https://towntotable.com 

Boys & Girls Clubs of Metro South

www.bgcmetrosouth.org 

Publication date: Fri 11 Jun 2021

Read More

Certhon Expands To Bring In Horticultural Experience For North American Market

Besides traditional greenhouses, indoor farming has become a professional segment that develops faster in the United States than anywhere else. In some cases, these facilities are complementary to the greenhouse, but mostly these are stand-alone setups

While celebrating its 125 years of existence this year, Certhon is far from done developing and expanding within the horticultural market. There have been a lot of developments for the company in the last few years. For example, Certhon established its own Innovation Center to research the optimization of technologies in the field of indoor farming. With a team of technology experts and agronomists, Certhon always tries to find ways to improve cultivation methods. Another development is the partnership between DENSO and Certhon that has been established last year. This collaboration is meant to accelerate the technologies used in horticulture.

We also see that projects are becoming more and more complex, large-scale, and international. Certhon is already active all over the world: from Europe to the Middle East and from Asia to North America. Because the demand for fresh greenhouse produce is still on the rise in the North American market, Certhon works to realize a stable presence in the United States. That’s why Timo Kleijwegt and Fred van Veldhoven have joined Certhon to rejuvenate and bring in experience to serve this growing market optimally. This, combined with dedicated local people and a support team based in the headquarters in Poeldijk, the Netherlands, entrepreneurs in North America can rely on the best Certhon has to offer and 24/7 support.

Left: Timo Kleijwegt, right: Fred van Veldhoven

Turn-key greenhouse projects
For expansion of an existing greenhouse, new (indoor) facility, or turnkey set up, Certhon has all the knowledge, know-how, and technologies under one roof to enable entrepreneurs to produce local, fresh food. All in accordance with the local regulations and requirements, and the wishes of the customer. One of Certhon’s solutions is the SuprimAir greenhouse, which is a semi-closed greenhouse that provides optimal growing conditions for various crops like tomatoes and peppers, but also ornamentals like orchids.  

“In fact, Certhon doesn’t just design and construct a greenhouse, but creates the optimal climate and conditions to realize the best results,” says Fred van Veldhoven, who recently joined Certhon as International sales manager. “Certhon has its own developed system to obtain a complete and updated backtrack of the climatological conditions of a particular area per hour!” continues Fred. “All available data has been brought together and presents a reliable picture of the local situation. Future developments are being forecasted and extremes are being analyzed. This way, the right facility can be calculated, designed, and built for anything, anywhere.”

The American market is probably the most dynamic and demanding in the world and the consumers are used to have access to high-quality food, flowers, and ornamental plants. “Entrepreneurs choose for the total solution approach of Certhon, so they only have to turn the key,” concludes Fred.

State-of-the-art indoor farms
Besides traditional greenhouses, indoor farming has become a professional segment that develops faster in the United States than anywhere else. In some cases, these facilities are complementary to the greenhouse, but mostly these are stand-alone setups. The legalization of cannabis production in various states in the US and Canada has boosted this development. However, more and more entrepreneurs discover the benefits of fully controlled indoor food production, just around the corner.

Also within the larger agglomeration areas where fresh food is more expensive, indoor farming is part of the supply chain. Recently, Timo Kleijwegt joined Certhon as sales manager for the US market to respond to this development. Timo: “In our Innovation Centre, we have several indoor cells that are all designed differently so we can test which systems are working better for different purposes.

One of the crops we are testing and that is very interesting for indoor farming, are strawberries. Certhon has developed a unique growing concept for indoor strawberry production, which is highly profitable. Besides all the benefits that come with indoor growing, we see enormous positive results in yield and taste of growing strawberries indoors. At the moment, the final trials are being concluded. If anyone is interested in the results, they can contact me for a one-on-one presentation.”

Certhon will be present at key events in the US and Canada to share the latest developments, including the PMA in New Orleans in October. “We are looking forward to talking to ambitious entrepreneurs there,” Timo concludes.

image006.jpg


Read More

15 Best Plants For Aquaponics

Aquaponics is a combination of aquaculture (raising aquatic animals) and hydroponics (using nutrients and water rather than soil to cultivate plants). It typically requires less water, less energy, and less labor than traditional farming

Screen Shot 2021-06-16 at 7.13.20 AM.png

By Katherine Gallagher

May 28, 2021

When it comes to growing plants, aquaponics is one of the most sustainable food production systems around. Aquaponics is a combination of aquaculture (raising aquatic animals) and hydroponics (using nutrients and water rather than soil to cultivate plants). It typically requires less water, less energy, and less labor than traditional farming,

Definition:

What Is an Aquaponics System?

An aquaponic system uses the nutrient-rich water from fish tanks as a natural fertilizer for plants. The plants, in turn, help purify the water for the fish habitat, mimicking nature’s ecological process found in lakes, rivers, and other waterways.

Both the water and nutrients in an aquaponic system are recycled in a closed-loop manner, oftentimes while being more productive than conventional soil farming. 

Warm freshwater fish are known to benefit leafy crops the best, while other plants adapt better depending on the size or type of aquaponic system and the amount of sunlight available. Many aquaponic growers use freshwater tilapia fish in their tanks, although catfish, trout, bass, crustaceans like crayfish, and even saltwater fish can be used.

Both the fish and plants you choose for your aquaponic system should have similar temperature and pH needs, and while most commercial growers tend to lean toward leafy crops like lettuce and herbs, it is also possible to grow more exotic fruits and veggies like bananas and pomegranates.

Whether you’re growing on a large scale or just starting a new hobby at home, here are 15 of the best plants for aquaponics.

Lettuce

Leafy lettuce is probably the most commonly grown aquaponic plant, mainly because it is also the simplest and the most productive. The nutrient demand is low, while the pH requirement is between 6.0 and 6.2, and the temperature should be between 60 F and 70 F. Lettuce also has a shorter growing cycle and loves the sunlight, so it is ideal for outdoor aquaponic growing systems. Maintenance is typically limited to checking the pH level once a week, and you can harvest your lettuce in as little as a month’s time.

Kale

Kale plants grow so well in aquaponic systems that they can easily get out of hand if not harvested regularly. Also, kale can handle a slightly higher pH and temperature limit with a lower nutrient requirement than lettuce, and can be planted directly in sunlight outdoors as long as the temperature stays within 55 F to 70 F (it prefers temperatures on the cooler side, however). The plants do well in most aquaponic systems, but are partial to gravel growing media. After about five to six weeks, aquaponic kale is ready to eat.

Spinach

Low nutrient requirements and a wider margin for error in terms of pH makes spinach another amazing leafy green to plant in an aquaponic garden. The green superfood plant likes temperatures between 45 F to 75 F, but too much sun outdoors can cause bolting and a subsequent bitter taste in the crop. Since it has shorter roots, spinach doesn’t need a deep growing bed in order to thrive, making it ideal for nutrient film technique aquaponics and raft systems.

Tomatoes

Although tomatoes require a higher amount of nutrients, they can handle warmer temperatures (up to 85 F) and grow wonderfully in water. Because they are high nutrient plants, tomatoes are best reserved for larger systems with more time to establish themselves. Just like tomatoes grown in traditional gardens, aquaponic tomatoes will likely need a support structure to handle their tall growth—up to 6 feet for some plants. The best options for these plants are fish that like warmer water, such as tilapia, koi, and goldfish

Watercress

Usually the biggest problem with aquaponic watercress is how fast it grows and multiplies. One small plant quickly turns into many more and before you know it, you have way more watercress than you need. Plus, if it isn’t harvested regularly enough it can easily clog your grow bed, creating issues for the rest of your system. Watercress can even be cultivated circularly, as it is easy to grow from cuttings and from seeds, meaning you can produce it continually and for little to no additional cost.

Radish

From white daikon to classic red, radishes are one of the easiest vegetables to grow via aquaponics. Those who grow them regularly swear by using wood fibers to help sprout the seeds, but clay and pumice are also good growing mediums for radishes. They prefer cooler temperatures as low as 60 F but up to 80 F, and pH levels between 6.0 to 7.0, so common tilapia and koi are often used.

Carrots

Carrots need a lot of sunlight to thrive, though they prefer cooler temperatures between 59 F and 65 F. These veggies are considered difficult to grow, but all it takes is a correctly set up aquaponics system with a fine, pH neutral growing medium and at least 6-8 hours of direct sunlight daily. A media bed aquaponics system is best for carrots as they do not do well in other methods, and they can be harvested from seeds in two to three month’s time.

Strawberries

Strawberries are best grown using a vertical aquaponics system since they multiply quickly and require very little space. The only catch is, since most aquaponic strawberry plants only produce a few individual fruits, it is wise to plant as many as possible and give them plenty of space if you want to create a large yield. They require medium to high amounts of nutrients and prefer a ph between 5.5 and 6.5, with a temperature between 60 F to 80 F. Unlike leafy greens, strawberries require more potassium, so most growers will add them into their aquaponic systems after they’ve already become more established.

Basil

This herb’s natural ability to tolerate high heat and moisture makes it one of the best plants to include in an aquaponic system. It grows fast and can germinate in under a week, with plants ready to harvest and eat within just 25 days. Basil has low nutrient requirements and a temperature preference between 65 F and 85 F. Just like traditional soil-growing basil, it's important to remove flowers as they form in order to increase yield, and be sure to harvest it sparingly to lengthen its life.

Mint

No matter which variety of mint you choose to grow, they are almost sure to flourish in an aquaponics system. This isn’t always a good thing, as mint grows so fast that it runs the risk of overwhelming the entire growing system and keeping the rest of the plants from growing.

If you do choose to plant mint, keep plants 18 to 24 inches apart so the roots don’t compete over precious water and nutrients. Mint also requires partial shading, temperatures from 65 F to 70 F, and pH between 6.5 and 7.0.

Cucumber

As lovers of warm weather, cucumbers grow best in an area with plenty of access to sunlight and humidity (artificial lights if growing indoors). Keep a close eye on their complex roots to ensure they don’t clog up the piping within the aquaponic system, and keep plants between 11 and 23 inches apart so they don’t hoard nitrogen from the rest of your plants.

Cauliflower

Thanks to cauliflower’s natural hardiness, it requires little maintenance and will thrive in a water-based aquaponics system. Since it is also extremely resistant to pests and disease, it is another one of the best aquaponic veggies for beginners. Keep your cauliflower out of direct sunlight, and especially frost, if growing outside; it can also thrive in a greenhouse.

Cabbage

Westend61 - Michael Bader / Getty Images

Another easy plant to grow in aquaponics, cabbage does best with a pH of 6.2 to 6.6 and in temperatures between 45 F and 75 F. Cabbage seedlings should be kept warmer than a crop that has already matured, but otherwise, these vegetables require little maintenance outside of watching for the regular pests and rot. Harvest aquaponic cabbage after nine weeks. Since they are rather nutrient hungry, you’ll want to monitor them for nitrate levels, and consider a nutrient film technique system because of their shallow roots.

Sunflowers

Goroda / Getty Images

Aquaponics isn’t just for fruits and vegetables, but for flowers and ornamental plants as well. Under the right conditions, sunflowers can go from seed to 4 or 5 feet tall with an aquaponic system and will do well in both a greenhouse and outdoors in a warm climate. They can be grown without the use of chemical fertilizers or pesticides and are both edible and aesthetically pleasing.

Peppers

Kwangmoozaa / Getty Images

Opt for pH-neutral growing media like shale or clay pebbles to support your aquaponic pepper plants from seed to maturity, and remember that they grow best with their roots in water that is between 60 F and 75 F. However, hot peppers like cayenne or habanero will likely be more tolerant to warmer temperatures. They also prefer moderately acidic levels between 5.5 and 6.5, so they work with multiple fish options (even smaller fish like tetras thrive alongside pepper plants).

Read More

CANADA - QUEBEC: Billionaire Project In Saint-Bruno

This project is extremely interesting because it combines data centers with greenhouses. As you may know, data centers produce huge amounts of heat

Editor’s Note: This project is extremely interesting because it combines data centers with greenhouses. As you may know, data centers produce huge amounts of heat. In the cold climate of Quebec, greenhouses could use some more heat. It will be interesting to watch this project develop, and see if this new model for using waste heat to help grow food year-round is viable!

Martin Bouchard, the founder of the Copernic search engine and the 4Degrés data centers, wants to eventually build at least three high-intensity data processing complexes including the recovery of thermal waste. The total estimated bill will be around 5 billion.

Is the plan complicated? To put this into words: artificial intelligence, innovation, circular economy, high capacity computing servers, clean energy, greenhouse production, food autonomy; stir calmly and you will obtain the successful project on which Mr. Bouchard and his associates Vincent Thibault and Dany Perron have been working for three years.

The Quebec government is receptive to this project, La Presse has learned. The role of the monopoly of electricity distribution is essential since such a data center dedicated to artificial intelligence consumes twice as much energy in a year when compared to a city the size of Drummondville.

Construction has started on the first campus located in Lévis. Completion is scheduled for November 2022. The daily Le Soleil described the main features recently. QScale is planning a second branch in the Ecoparc de Saint-Bruno-de-Montarville, on the South Shore of Montreal, just behind the commuter train station.

“Saint-Bruno would be half the size of that of Lévis, our flagship. Ultimately, our vision is to be present in the main regions of Quebec.”

— MARTIN BOUCHARD

The unveiling of financial and strategic partners will be done soon. “We would like to make an announcement in the next few months, if not the next few weeks. We are going to announce our plan to become the world's top 3 in computing. We must have our food autonomy, but also our calculation autonomy, ”emphasizes Mr. Bouchard.

The serial entrepreneur, along with private investors, invested 30 million to start the project. The rest of the financial package will be revealed at the time of the official announcement. "We are working very hard to ensure that the ownership of the company remains entirely in Quebec. "

We are talking about big bucks: from 2 to 3 billion for the Lévis complex, 1 billion for the Saint-Bruno complex.

What is it about?

QScale aims to be a data processing campus with high computational density. Campuses seek to meet the needs of machine learning, the demand for which is growing with the arrival of artificial intelligence in enterprises. Consider the data calculations required to safely move autonomous vehicles forward. Mr. Bouchard cites Tesla, Volkswagen, Pfizer, and Goldman Sachs as potential customers.

“Compared to what you would find in a conventional data center, our fridge-sized server cabinets will have five times the processing capacity. It's going to heat up even more, ” notes the 48-year-old entrepreneur. Quebec has the advantage of having clean and cheap energy.

This type of infrastructure is only just beginning to emerge in the world.

“There is not yet a leader in high density processing. Americans like Colovore, in Santa Clara, and ScaleMatrix, in San Diego, are powered by fossil fuels, without heat recovery, and with high electricity costs. We will be at least 10 times bigger than them only with Lévis.”

— MARTIN BOUCHARD

The business plan provides for the recovery of heat released by servers to heat agricultural greenhouses.

"We want to contribute to the food self-sufficiency of the province with a potential of 400 hectares of greenhouses just for the first campus," he insists. However, all greenhouse vegetable production is currently grown on 123 hectares. "For this component, we are in discussion with several players," says Mr. Bouchard. Consultant for Savoura, André Michaud confides that he has never been contacted by QScale. He said he was puzzled when he learned about the outline of the project.

"We have a greenhouse robotization project using artificial intelligence to potentially automate physically demanding jobs," retorts Mr. Bouchard. In Lévis, we have adjacent farmland which is equivalent to the equivalent of 80 football fields, enough to produce 2,880 tonnes of raspberries and 83,200 tonnes of tomatoes. "

That's not all. Mr. Bouchard wants to add to these complexes an innovation zone specializing in artificial intelligence. “The AI Zone is the missing link between basic AI research and its application in manufacturing companies. "

IQ analyzes the file

The pharaonic project has appeared on the radar screen of the Legault government. "We heard about it," said an unnamed government source. It’s an interesting file that is being looked at.

It is at Investissement Québec (IQ) that the file is analyzed. The state's financial arm was on the list of organizations QScale wanted to solicit, after being listed in the Quebec Lobbyists Registry.

As for electricity, "we already have agreements with Hydro-Quebec. Everything is in order. They are very happy. I cannot disclose anything, it will be announced. It’s very large, ”says Mr. Bouchard.

It is the user-pays principle that applies when the promoter of a project wants to have access to the Hydro-Québec network. QScale's land is conveniently located near high-power substations.

For data centers, hydro rates typically start at 4.04 cents per kilowatt-hour (kWh) when the economic development rate applies. If applicable, the price is 5.05 ¢ / kWh.

CONTENT AND IMAGE SOURCED FROM LA PRESSE

Lead photo: QScale has started construction of the first high-intensity data processing complex in Lévis. Completion is scheduled for November 2022; Image sourced from QScale

June 3, 2021

WRITTEN BY:

ANDRÉ DUBUC, AND

JULIEN ARSENAULT

Read More

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.

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.

Africa_Middle_East_Logo_Slogan.png

7 June 2021 

By AfricaMe-Team

Year-round Local Fresh Food

Pure Harvest is a farming startup using hi-tech, fully climate-controlled greenhouses and a coconut shaving hydroponic solution. Their aim is to provide year-round fresh food in a region where nearly 90% of food is imported. Having secured $60 million in funding, with a further $100 million earmarked by Kuwait’s International Investment Company (Wafra), 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. CEO and co-founder Sky Kurtz described their pilot project in Abu Dhabi as showing promising results with the “potential for year-round local production at very high quality and at a very good cost structure.”

Taming the Desert with High Tech Solutions

Farming consumes huge amounts of water, leading to water scarcity even in temperate regions such as Europe and America. In the arid, dry desert wasting even a drop of water is inconceivable, and Pure Harvest Smart Farms claims their self-contained greenhouses offer a level of efficiency 30 times greater than traditional field farms.

This model of controlled-environment agriculture (CEA) uses greenhouses that go far beyond glass walls to isolate plants. A climate chamber removes heat and humidity from the outside air; this humidity is condensed and fed to the plants inside. There is no soil as plants are grown inside a nutrient rich solution and monitored by sensors to keep the plants healthy. Triple-paned smart glass windows and over-pressurized airflow help manage temperatures to within a 1 degree Celsius margin and carbon dioxide is added to optimize plant growth. 

Kurtz claims that Pure Harvest is expecting a yield of six to eight times more food per meter than other greenhouse farms, while using only one-seventh the amount of water. It will produce 17 to 23 times more food per meter than a traditional field farm.

A Large Market but Pure Harvest struggles to Gain Funding

Despite the success of the pilot, Pure Harvest has a long way to go. According to Kurtz, once they are producing at a scale of 30,000 square meters the produce should be 20-40% cheaper than imported fresh food giving them a very promising market.

But even with the investment of $60 million, and the $100 million soon to follow, Pure Harvest has struggled to secure the funding to expand. The industry is extremely capital intensive, and the Middle East venture capital market is less developed than in other countries. The company has managed to raise $50 million through bonds known as “Sukuk,” Shariah law compliant Islamic bonds, with a further $10 million investment from a January fundraising round led by Sancta Capital.

With the additional $100 million from Wafra, the total sum might appear to be significant, but compared to comparable ventures it is low. Recently a vertical farming firm in the U.S., Plenty, raised more than $500 million in funding.

A Promising Future for Local Food

With global supply chains heavily disrupted by the Covid-19 pandemic and further shaken by the blockage of the Suez Canal by the Ever Given in March 2021, the UAE region has become increasingly concerned about securing a food supply. If Pure Harvest can deliver on their promises, they stand to benefit handsomely. At the moment there is no reason to suspect otherwise as the company moves forward with expansion plans. Already the Pure Harvest has reached a $35 million agreement with The Sultan Centre in Kuwait to build a farm stretching across 80,000 square meters that can produce millions of kilograms of fresh fruit and vegetables, well past the size that Kurtz marks for profitability.

Photos: findwonder.abudhabi / agfstorage.blob.core.windows.net

Read More