hydroponics

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.

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.

Six months after receiving equity investments led by Serruya Private Equity, the California-based hydroponics wholesaler has acquired two Canadian companies.