• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to secondary sidebar
  • Skip to footer

Technologies.org

Technology Trends: Follow the Money

  • Technology Events 2023-2024
  • Sponsored Post
    • Make a Contribution
  • Technology Markets
    • Venture Capital
  • About
  • Contact

Kalera Acquires Vindara to Unlock the “Power of the Seed” and Drive Explosive Growth in the Vertical Farming Industry

February 24, 2021 By admin Leave a Comment

Vindara is first to develop customized non-GMO plant varieties to thrive in vertical indoor growing environments

Provides potential to increase indoor crop yields and boost flavor and nutrition

Kalera (Euronext Growth Oslo ticker KAL, Bloomberg: KSLLF), one of the fastest-growing U.S. vertical farming companies in the world and a leader in plant science for producing high-quality produce in controlled environments, today announced the acquisition of Vindara Inc. (“Vindara”), the first company to develop seeds specifically designed for use in vertical indoor farm environments as well as other controlled environment agriculture (CEA) farming methods.

Vindara, based in Research Triangle, NC, uses genomics, machine learning, and computational biology along with traditional breeding methods to meet the market need for produce that is non-GMO, nutritious, high-yielding, and delicious. Explicitly intended for the new high-tech indoor growing environments, Vindara seeds offer growers the opportunity to capitalize on significantly higher yield potential, production efficiencies and product customization — in a fraction of the time through reducing the grow cycle. The company’s unprecedented breeding process shortens development time from the usual 5-7 years to just 12-18 months and shaves several days off of the plant grow cycle, resulting in increased output and optimizing yield and profitability.

Vindara will be a fully owned subsidiary of Kalera and will operate out of Kalera’s headquarters in Orlando, Florida where Dr. Jade Stinson will continue in her existing role as Co-Founder and President. Together, the combined company will:

Significantly increase the output from Kalera’s current and future facilities by reducing grow cycle and providing higher yields
Lower costs of goods sold by reducing costs of seed and energy efficiency/automation
Significantly improve Kalera’s future EBITDA
Be better positioned to offer differentiated products and have improved ability to optimize color, texture, flavor, firmness and nutrient profile
Accelerate and expand Vindara’s seed research and development programs focused on the indoor farming sectors to support overall CEA market share growth.
Develop a strong product pipeline beyond leafy greens to include high yield basil, high yield spinach and high yield strawberries

“Kalera has always focused on being the most technologically advanced player in the vertical farming industry. With the addition of Vindara’s data-driven methodology, we will be the first vertical farming company with the ability to develop its own plant varieties bred specifically for indoor farming conditions. Our acquisition of Vindara complements our overall science-driven and innovation-leading value proposition. This investment represents an important strategic opportunity to increase revenue options to Kalera while reducing its cost of materials and reducing our cycle times given Vindara’s competitive advantages,” said Daniel Malechuk, CEO of Kalera. “While advances in technology such as lighting, robotics, sensors, and planting substrates are all improving grower economics, seeds developed specifically for indoor farming have been a ‘missing link’ to vertical farming achieving its full potential. Together with Vindara, we are ushering in a new era of agricultural advancements that will increase production yields and produce unique crop varieties customized for the needs of our discerning customers around the globe.”

“Kalera has quickly established itself as an innovative leader and is the ideal partner to help Vindara continue optimizing seeds designed specifically for the vertical farming industry,” said Dr. Stinson. “With Kalera’s commitment to R&D and improving the yield, variety and characteristics of its produce, we will be able to better leverage our ability to develop customized seeds for indoor growers faster than any other seed provider. I look forward to working with Daniel and the rest of the Kalera team to continue driving innovation and building on Kalera’s rapidly expanding footprint by delivering a truly differentiated product for their customers while also accelerating our ability to provide the rest of the CEA world with our revolutionary seeds.”

“We stress that Kalera is the future of farming — and with our robust growth and ongoing operational enhancements, we’re truly making that future happen now, turning it into a reality today,” said Malechuk.

Kalera currently operates two growing facilities in Orlando, and is building facilities in Atlanta (Georgia), Houston (Texas), and Denver (Colorado), which will open in 2021 along with additional facilities underway in greater Seattle (Washington), Honolulu (Hawaii), and Columbus (Ohio). Kalera is the only controlled environment agriculture company with coast-to-coast facilities being constructed, offering grocers, restaurants, theme parks, airports and other businesses nationwide reliable access to locally grown clean, safe, nutritious, price-stable, long-lasting greens. Once all of these farms are operational, the total projected yield is several tens of millions of heads of lettuce per year, or the equivalent of over 1,000 acres of traditional field farms. Kalera uses a closed-loop irrigation system which enables its plants to grow while consuming 95% less water compared to field farming.

About Kalera
Kalera is a technology driven vertical farming company with unique growing methods combining optimized nutrients and light recipes, precise environmental controls, and clean room standards to produce safe, highly nutritious, pesticide-free, non-GMO vegetables with consistent high quality and longer shelf life year-round. The company’s high-yield, automated, data-driven hydroponic production facilities have been designed for rapid rollout with industry-leading payback times to grow vegetables faster, cleaner, at a lower cost, and with less environmental impact. To learn more visit www.Kalera.com.

About Vindara
Vindara is the first company to deliver genetic seed varieties bred explicitly for use in fast growing, high-tech indoor farming operations. Founded in 2018, the company utilizes machine learning to develop tailor-made seeds in a compressed timeframe of only 12-18 months. To learn more visit www.Vindara.com.

Filed Under: Tech

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Market Analysis

Unfulfilled Dreams: The Aftermath of China’s Stalled Real Estate Developments
Huawei on the Brink: Biden Administration Considers Cutting Off the Tech Giant”
Key Fire Industry Trends for 2023
The Future of Food: Top Trends to Watch in 2023 and Beyond
How to discover the treasure trove of hidden marketing insights by watching customer behavior
Navigating Uncertainty: Prioritizing Hydrogen R&D Efforts for a Sustainable Future
Unleashing the Hidden Talent Pool: The Rise of STARs – Skilled Through Alternative Routes

Market Research Media

Turn Your Story into a Game: The Art of Gamifying Your Plot
The end of cheap money is redrawing the map of corporate earnings
The Future of Virtual Reality: How VR is Changing Industries
Market Research Media Survey: The State of Streaming Services
Media measurement services provide a holistic view of cross-media consumption
Gen Z ranks top in luxury sales
How to market recycled products

Secondary Sidebar

Tech Events

The crypto world is facing a crisis of confidence
ScyllaDB Summit 2023 taking place online on February 15-16, 2023
DLD 2023, an innovation festival, February 1-3, 2023, Tel Aviv, Israel
Cybersecurity Innovations Take Center Stage at Cybertech 2023 in Tel Aviv
Chiplet Summit, January 24-26 2023, the Doubletree by Hilton San Jose Hotel

Venture Capital

The Importance of Diversity and Inclusion in the Workplace
Sequoia Capital announces its $195 Mln dedicated seed fund
Sublime Systems Secures $40 Million Series A to Electrify and Scale Decarbonized Cement Production
actyv.ai Raises Pre-Series A Funding to Fuel Global Expansion, Product Enhancement
Ottopia announces $14.5M Series A Funding Round

Footer

Recent Posts

  • Netlify has acquired Gatsby
  • Potential for disruption: Conference is the most inefficient way to get information
  • Artificial Intelligence: The Future of Healthcare
  • The Rise of Virtual Power Plants: Innovating Energy Management
  • DLD 2023 is coming
  • Barcelona Cybersecurity Congress Has Been a Success
  • The Unstoppable Rise of RISC V Architecture
  • Revolutionizing Education: The Power of Automated Tutoring Lessons
  • Revolutionizing the Fashion Industry: Algae-based Yarns and Dyes Take on Fast Fashion
  • Cybertech 2023 kicks off in Tel Aviv

App Coding

Digital twins transform the efficiency of current business processes
NLP techniques are bridging the gap between text documents
How to code an app with ChatGPT
Ondat 2.8 Arrives in GA with Increased Support for Stateful Workloads in Kubernetes
Datadog Named a Leader in the 2022 Gartner® Magic Quadrant™ for Application Performance Monitoring and Observability

API Coding

Cybertech 2023 in Tel Aviv: Securing the Future with API Security
Join Our Team as an API Coder - Power Cutting-Edge API Apps
Most commonly used HTTP Headers
Creating an API that generates a description of an image using ChatGPT
Apiiro Extends Right from Code to Runtime To Help Developers Fix Risks Faster

Blockchaining

Primitives Raises $4 Million to Redefine NFTs Through New Social Network
What are Non-Fungible Tokens (NFTs)?
Join Our Team as a Blockchain Developer - Revolutionize the Future
How a blockchain works?
Experience the Future of Blockchain at Cybertech 2023

Event Calendar

NAHB International Builders’ Show (IBS 2023) in Las Vegas from January 31 to February 2, 2023
India’s largest biennial automobile exhibition Auto Expo 2023 held on January 12-15, 2023 at Pragati Maidan, New Delhi
NRF 2023, Retail’s Big Show and Expo, January 15 to 17, 2023, Jacob K. Javits Center, New York
DOMOTEX Hannover 2023′ in Germany from 12-15 January
Electrify Expo Austin Set to Be Largest EV Demo Event of the 2022 Season, November 12-13, 2022, Austin, Texas

Copyright © 2022 Technologies.org

Media Partners: Market Analysis & Market Research and Exclusive Domains

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT