Niko Kurumaa (B. Eng.) has been appointed as Netled’s Chief Operating Officer, COO, starting from 22nd of September 2020.

Netled’s share issue closed on September 16th at 4 p.m. During the marking time, subscription agreements were collected almost up to the full level. Netled gathered share issue and loan funding 1,6 M EUR. Netled’s Board of Directors has confirmed the new shares on Tuesday, September the 22nd.

We have delivered a vertical farming system to our partner SweGreen’s project in Sweden. SweGreen has agreed on providing ICA Focus, one of Sweden’s biggest supermarkets in Gothenburg, an automated in-store farming solution. The greens are grown within the store and harvested directly off the shelf. This kind of in-store farm is first-of-its-kind in Sweden and globally unique in size as well as production capacity.

Netled and a Polish agritech start-up Vertigo Farms have announced a new technology partnership. Vertigo Farms will use Netled’s Vera® vertical farming technology in its indoor growing projects. The collaboration has already started, and the goal is to have the first plants growing at the beginning of 2021.

Netled arranges a webinar for investors on the 26th of August at 14.00 EEST.

Vertical farming market continues to grow and Netled has received increasing amount of requests and inquiries as well as orders during the spring and summer time.

At Netled, we believe that vertical farming is the farming solution of the future. Environmental issues and climate change set various challenges on traditional farming methods. As a closed farming system, the vertical farm is protected from extreme weather conditions, pollution, and lack of freshwater resources. It enables the production of clean, safe, and sustainable products to all consumers around the globe.

Netled introduces intensity updates for two models of the Overhead series: a completely new model Overhead 550W and an updated version of the Overhead 240W.

Climate change, natural phenomena, increasing pollution, COVID-19. Global crisis as we see today, affect lives all around the globe – and also food and the way we produce and consume it. Even more, it makes the vulnerability of food production and supply chains visible in many countries. The latest events around the world have increased the interest for local food production, self-sufficiency – and also for vertical farming.