Local Urban Vegetables (LUV) is an AgTech company that provides aeroponic vertical farming technology. The company develops ultra-high-yield farming using the vertical farming system that can be carried out in any industrial warehouse. The company also develops individual technologies that cater to traditional and hydroponic growers such as root zone management systems, substrates, and seed technology. Moreover, LUV’s technologies offer pesticide and herbicide-free sustainable fruits and vegetables. The company operates on a B2B sales model. It claims to use about 1% of the water used by conventional farms.
Funding and financials
Local Urban Vegetables secured USD 9.8 million in new equity investments in February 2021.
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