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Agricultural Tech Investment Rises to Record $25 Billion

Grow Pod Solutions developed a transportable automated farm that applies to a variety of vertical markets


News provided by

Grow Pod Solutions

Jan 23, 2017, 11:43 ET

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LOS ANGELES, Jan. 23, 2017 /PRNewswire/ -- Grow Pod Solutions (www.growpodsolutions.com), a premier developer of technology-enabled automated indoor farms, said that investments by companies and venture capitalists in agricultural technology reached a record $25 billion globally in 2015, and that figure will probably grow higher, according to a report by Boston Consulting Group and AgFunder.

Grow Pod is a highly regarded technology company that provides agricultural growing environments that can be placed in virtually any environment. These precision, transportable systems enable companies, communities, non-profits, universities, restaurants, urban and rural farmers, and entrepreneurs to grow a wide variety of fruits, vegetables, herbs and cash-crops virtually anywhere; and monitor and control the system remotely from any computer or smart device.  

"The Ag-Tech market is exploding because we have applied technological solutions to age-old agriculture challenges," said George Natzic, President of Grow Pod Solutions. "We are entering a number of vertical sectors that can benefit from having a secure, controllable, indoor growing environment that can be located almost anywhere in the world."

The patented Grow Pod system contains an appropriate number of crop-specific LED fixtures that provide robust growth and higher yields in a shorter period of time than conventional production methods.

The Grow Pod system can also be equipped with alternative energy components, so that it can exist almost entirely "off the grid."

The investments in Ag-Tech include research and development, partnerships, equity stakes and technology centers. Early-stage funding just from venture capital firms reached $3 billion, skyrocketing up from $900 million in 2013 and $400 million in 2010, the report stated.

About Grow Pod Solutions™

Grow Pod Solutions is a developer of environmentally optimized, transportable systems for growing high quality crops. Grow Pod utilizes breakthrough technologies to produce superior quality crops and higher yields, in a completely secure and monitored environment.

Grow Pod enables a wide range of users, including villages, universities, non-profit organizations, restaurants, entrepreneurs, and urban farmers, the ability to grow fresh, organic produce on a regular basis. As a sealed system, water needs are minimal; and with on-board water and air filtration systems, plants, vegetables and crops are grown to their fullest potential.

Connect with Grow Pod Solutions:

Call: 877-284-6776

Email: [email protected]  

Visit: www.growpodsolutions.com 

Facebook: www.facebook.com/GrowPodTechnology

Twitter : @growpodsolution

Media:
Innovation
hello(@)inov8.us
www.inov8.us

SOURCE Grow Pod Solutions

Related Links

http://www.growpodsolutions.com

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