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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.
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.
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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