Indoor agriculture - the practice of growing in warehouses, containers and greenhouses using hydroponic, aquaponics and aeroponic techniques - is one of the fastest-growing parts of global farming. It is drawing new participants as diverse as multinational companies and serial entrepreneur Kimbal Musk as capital costs fall and consumer demand for fresh, local produce year-round increases.
Newbean Capital, a registered investment adviser that manages early stage venture capital mandates, has a particular interest in the sector as it owns Indoor Ag-Con, one of the industry’s leading events businesses. Its work has provided several of the industry’s “firsts” over the past five years, and it is building on this heritage through three major announcements this morning.
Firstly, Indoor Ag-Con has partnered with Pegasus Agriculture, one of the Middle East's largest greenhouse growers, to collaborate on an event in Dubai. The event will take place in November 2017, and will focus on food security. The partners anticipate announcing more details of the event in Spring 2017.
After several years of research, Newbean Capital announces the launch of its alternate finance arm, Contain Inc. The venture has partnered with leading indoor agriculture technology provider Bright Agrotech to pilot lease financing for ZipFarms and is currently in the process of executing its first lease agreement with a future Upstart Farmer, as Bright Agrotech's 150+ strong community of commercial farmers are known. Contain Inc. is the first alternate financing firm dedicated to the burgeoning indoor agriculture industry, and looks forward to scaling its provision of multiple forms of alternate financing alongside the rapid growth of the industry once its pilot phase is complete.
Finally, Indoor Ag-Con has partnered with the Japan Plant Factory Association to create a Japan Pavilion at its Indoor Ag-Con Asia event on January 24-25, 2017. Professor Toyoki Kozai of the Japan Plant Factory Association and Professor Emeritus of Chiba University will also be a keynote speaker at the event.
For more information:
indoor.ag/dubai
contain.ag
indoor.ag/singapore
Announcements
Job Offers
- Operational Grower - Strawberries
- Retail Key Account Manager
- Sales Representative Southeastern US
- Bedding and Perennials Sales Manager Europe
- Horticultural Technician
- Agronomist
- Head Grower Strawberries, Norway
- Tissue Culture Laboratory Scientist
- Manager Operations & Logistics
- Vegetable Advisor (Permanent)
"Tweeting Growers"
Top 5 - yesterday
- "The point isn't to eliminate human labor, but to make the work easier for my employees”
- LED trial in cucumbers that even non-cucumber growers should 'see for themselves'
- Challenges and opportunities in Mexico: an overview
- "Growing white strawberries organically leads to higher market returns"
- "Ontario grows almost three-quarters of Canada's greenhouse vegetables"
Top 5 - last week
- 10% increase of tomato production in the new Looije greenhouses
- How growers boost crop yields with greenhouse film EVO AC®
- Stronger plants & higher production with autonomous growing in Mexico
- AU: Provenance Propagation construction close to completion
- Thanks to air-conditioned greenhouses, Emirati producers can grow tomatoes during 45 °C summer
Top 5 - last month
- 10% increase of tomato production in the new Looije greenhouses
- A greenhouse full of cherry blossoms in Hungary
- Combining aquaponics and hydroponics in a 2 hectare Bahrain facility
- UAE: New desert greenhouse near Abu Dhabi opens
- "Same productivity, but without the energy costs from artificial lighting"
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Other news in this sector:
- 2021-10-26 Singapore: Renewed library now features hydroponics room
- 2021-10-21 Teens for Food Justice program awarded 300k by USDA for hydroponic expansion
- 2021-10-20 Collaboration on 700 m2 pilot farm in China
- 2021-10-20 Tackling climate issues with low-resource consuming growing towers
- 2021-10-19 ‘It’s not as carbon-hungry’: UK’s largest sunlit vertical farm begins harvest
- 2021-10-19 Unmanned vertical farm in China: is this what the future looks like?
- 2021-10-15 "We can focus more on quality and how the product satisfies consumer needs”
- 2021-10-15 UK grower trials aeroponic propagation system
- 2021-10-13 Irish supermarket to sell hydroponic microgreens
- 2021-10-08 China: Why the growth cycle of rice can be split in half
- 2021-10-01 Todd P. Hanna announced as new COO
- 2021-09-22 This "glass tree" vertical farm could solve urban food deserts
- 2021-09-16 Chinese scientists grow rice that yields twice faster in hydroponic experiment
- 2021-09-02 Building facilities across Canada, as well as in Greater London and Copenhagen
- 2021-09-01 US (PA): Mobile lab brings aquaponics closer to society
- 2021-08-26 Fresh herbs from halls and bunkers
- 2021-08-26 "The base of our technology is R&D in product development"
- 2021-08-16 "We reduced the cost of cooling by just cooling the plant roots”
- 2021-07-08 Danish retail is committed to vertical crop products
- 2021-07-08 "Crops from the vertical farm have more flavor and a longer shelf life"
