Arcitc Farming has closed a €350,000 seed funding round. With this newest round of financing, investors and advisory board now cover experts in HoReCa, travel, food, logistics, product development, and much more.
"At Arctic Farming, our mission is to change how food is produced on planet Earth, and beyond, by making #verticalfarming mainstream," the Arctic Farming team says. "We are currently developing an automated vertical farming appliance for the HoReCa and food retail industries, enabling our customers to grow their own fresh ingredients on location, regardless of the location and time of year."
"Last year, we launched a limited pilot with selected customers in Finland to validate our technology. Thanks to our pilot customers Haltia Lake Lodge, Omnia, Espoon seudun koulutuskuntayhtymä, Ravintola Factory, Ravintola Fat Lizard, Hotel St. George and Lapland University of Applied Sciences."
This year, the company will focus on finalizing its first commercial product in preparation for international expansion. They are also expanding the IP portfolio with multiple patents and other IPRs based on space technology.
For more information:
Arctic Farming
www.arcticfarming.fi