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Leafood

Vertical Farming
Product stageSegments
Seed
?
Farm Operators: Hydroponics
?

Based in Lithuania, Leafood is a hydroponic vertical farming startup that aims to grow pesticide-free lettuce and leafy greens using soilless growing techniques such as hydroponics and gelponics (using hydrogel as growth substrate). The company claims that its farms are expected to generate “several hundred” times the yield, using the same amount of land and upto 90% less water compared to traditional farming. In addition, the farms are carbon-neutral and environmentally friendly, as they would be powered using renewable energy sources such as wind and solar power.

As of June 2022, Leafood had not commercialized, and planned to go to market by the end of Q2 2023, targeting the retail and HORECA (hotel/restaurant/catering) sector in the food industry. The company’s first vertical farm was expected to produce 1 ton of leafy greens per day and around 400 tons per year, and would be available within a 20 km radius of the city center.

In June 2022, Leafood raised EUR 6.45 million (~USD 6.75 million) in seed funding led by Niels Peter Pretzmann, YesHealth Group, and a private investor. The funds were to support construction of a network of vertical farms across Europe.

Vertical Farming

Vertical Farming

Key stats
Featured companies
103
Total funding (USD)
5.7 Bn
Total addressable market (USD)
36.4 Bn
Key competitors
 
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Recent Updates

Funding
Jun 14, 2022
Leafood raised EUR 6.45 million in seed funding
Vertical Farming

Company Brief


HQ location:
Sausupio g. 11B, Vilnius, Lithuania Vilnius LTU
Founded year:
2021
Employees:
11-50
Total Funding:
USD 6.7 million
Last Funding
USD 6.7 million, Jun 2022

Funding


Investors


No investor data is available

Funding data are powered by Crunchbase
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