Sunday Wrap-Up: Everything That Happened in The Indoor Farming World
Every Sunday, discover a free recap of the week in the world of indoor farming.
This edition is sponsored by AgriHub & AmplifiedAg.
Happy Sunday readers, this week we’ve seen a wealth of events in the world of indoor farming. Companies announcing expansions, new partnerships as well as businesses closing as a result of the current macroeconomic events.
Indeed, this week we’ve seen vertical farming company 80 Acres Farms, Edible Garden & AeroFarms announce a product/distribution expansion throughout the country. We also saw a potential groundbreaking partnership between Priva & Equilibrium Capital that could set the ground for further innovation in the South Asian market.
Here is today’s Sunday Wrap-Up:
This Week’s Editorial:
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This Week in Indoor Farming
80 Acres Farms, announced a new product in their portfolio—Strawberry Sparklers, which the company states will soon be available from retailers across Ohio, Indiana, Kentucky, and Tennessee.
The strawberries will join the Company’s popular salad blends, microgreens, herbs, tomatoes, and cucumbers on the shelf. They will be available at Dorothy Lane Market locations this fall and coming soon to a variety of the Company’s retail partners. Consumers will also be able to try the berries at select restaurants, including Salazar, Mita’s, and Goose and Elder in Cincinnati.
“For years, strawberries have topped the ‘Dirty Dozen’—a ranking of the fruits and vegetables with the highest pesticide content,” says 80 Acres Farms co-founder and CEO Mike Zelkind. “We’re excited to be introducing consumers to a clean, locally grown strawberry that they can confidently share with their families, in a revolutionary paperboard package that is fully recyclable.”
Another groundbreaking partnership has been inked this week with Priva joining forces with Equilibrium Capital to develop an integrated climate management solution for next-generation horticulture for crop cultivation in SE Asia climates and demographics. Starting in Singapore, the partnership will develop a hybrid greenhouse production and climate technology R&D facility that will be used to develop integrated solutions suitable for large-scale production in different SE Asia countries facing similar climate conditions. The joint targets are ambitious – to set a 20% increase in energy productivity per kilo by end of 2024, and as much as 50% by the end of 2027.
“In the next decades, with a shrinking arable, and more inhospitable, landscapes, CEA will become the core food system infrastructure in our climate-challenged world. Energy, water, and human resource productivity solutions will be critical for CEA resilience, and the only way to develop these integrated sustainable solutions is to get started and develop the industry teaming needed to create these innovations.” Comments Dave Chen, Chairman Equilibrium Capital
With energy being the main operational cost driver in CEA, the objective of Priva and Equilibrium is to develop a blueprint, tailor-made to the challenging SE Asia climate conditions, that simultaneously decreases energy use per kilo of crop output and increases the quality and quantity of food production.
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