IGS has been recognised at the 2021 Center of Excellence for Indoor Agriculture’s ‘Best in Class’ awards, taking home the title of Best Indoor Production System (starting $500k and up).
The Center of Excellence for Indoor Agriculture provides insights about the economics of indoor farming based on a careful analysis of industry data and from thought leaders in industry and academia.
The winning products were selected through a process that includes evaluation according to their technical and operational merits across several categories. The Center performs a quality check on the data before being input into a weighted multi-factor model. Products are also evaluated based on interviews and an analysis of online data.
For the 2021 awards, emphasis was given to sustainable farms and equipment manufacturers that efficiently use resources such as land, energy, labour and water to produce the highest yields at an affordable price in indoor farm settings.
The award winners were announced during a webinar hosted by the organisers of the Indoor AgCon event, which also featured a panel discussion with representatives of each of the winning companies. The webinar can be watched back now by visiting the event website and explores the importance of operations metrics in building sustainable farms.
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Thursday, November 11, 2021
Thursday, November 4, 2021
Intelligent Growth Solutions Ltd (IGS), the Scottish agritech business, has today announced the conclusion of its Series B funding round with a total raise of £42.2 million. The announcement was made at its COP 26 exhibition site and welcomed by First Minister of Scotland Nicola Sturgeon MSP. The latest investment round has been supported by a conglomerate of new investors including COFRA AG (Zug, Switzerland), Cleveland Avenue LLC (Chicago) and DC Thomson (Dundee, Scotland).