Freya Cultivation Systems has secured €500k in seed funding to advance its greenhouse cultivation technology.
The funding round, led by Coinvest Capital and BSV Ventures, also included investments from Sofigama and Zunami Oy, alongside business angels Paulius Vilemas and Marko Lehtovaara.
This injection of capital will support Freya in constructing a demonstration greenhouse near Kaunas, aimed at showcasing its three-dimensional Aeroframe greenhouse crop production system.
Pictured: Freya's three-dimensional Aeroframe greenhouse crop production system
"Growing plants in fog is one of the most effective and efficient methods of cultivation. While this has been known for a long time, widespread adoption has been hindered by the limitations of existing technology. I am thrilled to unlock the biological potential of plants in a fog environment using our patented cultivation technology," said founder Dr Gediminas Kudirka.
Source: Tech.eu
For more information:
Freya Cultivation Systems
https://freyacultivation.com