2020-08-24

Vertical Farm Startup iFarm Raises $4 Million for Automated Indoor Farming

A Finland-based vertical farming company iFarm announced that it has raised US$ 4 million funding led by Gagarin Capital, who previously invested in the project. Other investors include Matrix Capital, Impulse VC, IMI.VC and more. With the funding, iFarm said it will deepen its automated indoor farming technology and extend cultivation experiments. (Image: iFarm) iFarm offers vertical farming solutions for growing greens, berries and vegetables. It aims to develop its iFarm Growtune tech platform that enables operations of multiple varieties of vertical farms ...
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In January 2025, certain automotive LEDs manufactured by Malaysia-based LED manufacturer Dominant Opto Technologies Sdn. Bhd. ("Dominant") were recalled from a distributor pursuant to a patent infringement lawsuit filed by Nichia Cor... READ MORE