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Founder Paul Lightfoot says a wider investor base is being attracted to indoor farming, with no players in the space 'close to tapping out any of the major markets' as infrastructure funds lie in wait.
Vertical farming
Unfold Bio has received an initial $30m in start-up capital from the two founders but future funding rounds could be opened up to external investors.
The A$250m Victorian Business Growth Fund’s investment in Flavorite is expected to help expand the business and create jobs.
Greenhouse and wind turbine
BSIF has invested in a wide range of projects to date and has received strong backing from British pension funds, two of which have established co-investment portfolios.
The first $10m tranche of the investment forms the bulk of Pure Harvest’s $20.6m Series A, with access to the rest of the outlay dependent on expansion targets being met.
Growing Underground farm
The experience of London-based start-up Growing Underground and the previous excitement created by its predecessors, suggests institutional capital could enter the fray sooner rather than later.
Pea shoots growing hydroponically
Cofounder Steven Dring says the start-up expects to reach its target 'pretty soon' and is working on building out a new cohort of hydroponic farms with partners.
Vertical farming facility
Federation Asset Management says it will examine vertical farming and greenhouse assets as part of the sustainable infrastructure mandate for its Sustainable Australia Real Assets Fund.
A headshot of LGIAsuper CIO Troy Rieck
In the second of our two-part interview with LGIAsuper CIO Troy Rieck, the superfund’s new man discusses the irrelevance of asset class definitions, co-investments and the F-word.
A headshot of LGIAsuper CIO Troy Rieck
In the first of our two-part interview with LGIAsuper CIO Troy Rieck, he discusses the importance of using GPs with diverse skills and the challenges the superfund faces with its ag and water assets.
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