Social Media Sidebar

Announcement

Please sign up, comment on articles and bring your friends!

Current poll

PlanetTech is asking:

What do you think about our new web site?

Love it, indeed
Really good solution
Same as old one
The old one was better
This is a new option

Quote of the day

When seen through the lens of technology, few resources are truly scarce; they’re mainly inaccessible. 

 

Peter Diamandis

Softbank and Bezos backed vertical farm startup has global expansion plans

RATE THIS! +25
Posted in Business on 11th Nov, 2017 09:25 AM by Alex Muller

Plenty is a startup that has big vertical farming expansion plans $226 million in total venture funding. They plan to build a 100,000 square foot (2.3 acres) vertical-farming warehouse this year in Washington state outside of Seattle. That farm is expected to produce 4.5 million pounds of greens annually.

 
Plenty grows plants on 20-foot high towers with vertical irrigation channels and facing LED lights.
 
In June 2017, California-based vertical farming company Plenty, previously See Jane Farm, acquired Bright Agrotech in an effort to reach “field-scale.”
 
Bright Agrotech is an indoor ag hardware company that’s focused on building indoor growing systems for small farmers all over the world, in contrast to Plenty, which is aiming to become a large-scale indoor farming business and currently has a 52,000 sq. ft farm in South San Francisco.
 
Plenty claims to use 1 percent of the water and land of a conventional farm with no pesticides or synthetic fertilizers. Like other large soilless, hi-tech farms growing today, Plenty says it uses custom sensors feeding data-enabled systems resulting in finely-tuned environmental controls to produce greens with superior flavor.
 
Plenty claims to get 350 times the crop yield per year over an outdoor field farm.
 
With the backing of SoftBank CEO Masayoshi Son, Plenty has the capital and connections build massive indoor farms on the outskirts of every major city on Earth, some 500 in all. In that world, food could go from farm to table in hours rather than days or weeks.
 
Bezos Expeditions, the Amazon CEO’s personal venture fund, has also invested. So Plenty could supply WholeFoods.
 
Early leaders in vertical farming (PodPonics in Atlanta, FarmedHere in Chicago, and Local Garden in Vancouver) have shut down. They had a mix of design issues and high hardware costs. Gotham Greens and AeroFarms have not been as successful with fundraising.
 
Researchers have documented a steady decline in the amount of calcium, iron, phosphorus, protein, and vitamins in today’s produce over previous generations, thanks to the ways in which modern agricultural methods have stripped nutrients out of the soil.
 
A landmark study on the topic by Donald Davis and his team of researchers from the University of Texas (UT) at Austin’s Department of Chemistry and Biochemistry was published in December 2004 in the Journal of the American College of Nutrition. They studied U.S. Department of Agriculture nutritional data from both 1950 and 1999 for 43 different vegetables and fruits, finding “reliable declines” in the amount of protein, calcium, phosphorus, iron, riboflavin (vitamin B2) and vitamin C over the past half century. Davis and his colleagues chalk up this declining nutritional content to the preponderance of agricultural practices designed to improve traits (size, growth rate, pest resistance) other than nutrition.
 
They are finding about 14-30% drop in various nutrients.

Tags: vertical farmingbusinessagriculturefoodstartup

Read original article » Back to category

Comments



 

Recent headlines

  • Posted in Science on 2017-11-20 00:42:21
    Small steps forward as UN climate talks end in Bonn..read more
    Posted in Hardware on 2017-11-20 00:37:56
    US gov should support SpaceX and develop moon bases..read more
    Posted in Business on 2017-11-18 21:15:58
    Companies are realising that renewable energy is good for.....read more
    Posted in Hardware on 2017-11-18 21:07:25
    California may reach 50% renewable power goal by 2020; 10.....read more
    Posted in Hardware on 2017-11-17 18:02:34
    Tesla unveils a truck and a roadster..read more
Posted in Business on 2013-10-10 01:33
China is working towards a manned lunar mission in about.....read more
Posted in Business on 2013-10-20 07:17
Spacex says China is their main competitor for commercial.....read more
Posted in Software on 2013-10-20 06:43
Pirate Bay Browser Clocks 1,000,000 Downloads..read more
Posted in Medicine on 2013-10-10 02:10
Google reportedly investing hundreds of millions into new.....read more
Posted in Medicine on 2013-10-14 03:13
Endothelial Cells Can Repair and Regenerate Organs,.....read more
Posted in Science on 01.01.2010
Spacex says China is their main competitor for commercial.....read more
Posted in Science on 01.01.2010
Staring at Your Phone Could Be Making You Short Sighted..read more
Posted in Science on 01.01.2010
Oculus Rift virtual reality headset coming to mobile, but.....read more
Posted in Science on 01.01.2010
China is working towards a manned lunar mission in about.....read more
Posted in Science on 01.01.2010
Delivering drugs via nanoparticles to target mitochondria..read more

Recent Blog Posts

  • Posted by AlexMuller
    Martian landscapes formed from sand 'levitating' on a little.....read more
    Posted by AlexMuller
    Scientists detect comets outside our solar system..read more
    Posted by AlexMuller
    Advanced artificial limbs mapped in the brain..read more
    Posted by AlexMuller
    Bacteria have a sense of touch..read more
    Posted by AlexMuller
    Recurrent brain cancer: New hope with phase 1 clinical trial.....read more

Login to your Account

Login to your PlanetTech Account here

Username:
Password:
Remember me
or

Create a New Account

You just need username and password

The following errors occured:
Username:
Email:
Password:
Verify password:
Remember me