Vertical farming companies have absorbed huge investments in the past few years. However, due to an increase of costs for energy and distribution, these large scale vertical farms are facing serious difficulties in today’s market. A change of strategy, winding down activities including costly layoffs are the result of their own over-optimistic promise.
Although painful for many stakeholders involved, at GrwNxt we are not surprised about the downturn of these vertical farms, or ’stapled greenhouses with warehouse technology’.
Our approach is different, much more sustainable and does not require hundreds of millions of venture capital.
GrwNxt focus is deep technology for superior, tasty plant varieties with high levels of proteins, vitamins and minerals at hyper-local compact GrwNxt modules with low energy use. We merge plant science with AI, Machine Learning and monitoring techniques for tailored DDR™ (dynamic digital recipes) for high quality greens.
GrwNxt is welcoming sustainable investors. We are currently raising Euro 3 million for the implementation of already committed launching customers with incredible brands.
Contact us at firstname.lastname@example.org.