Canopii looks to succeed where past indoor farms have not
Summary
David Ashton founded Canopii, a Portland, Oregon-based agtech company, inspired by the water-intensive lettuce farms he saw in drought-stricken California. Canopii develops robotic greenhouses that can autonomously manage the entire crop cycle, from seeding to harvest, requiring minimal water and space equivalent to a basketball court to produce up to 40,000 pounds of herbs and specialty greens annually. Ashton intentionally pursued a slow development path, relying heavily on National Science Foundation grants ($3.3 million total) rather than immediate venture capital, which he believes differentiates them from failed indoor farming predecessors like Bowery Farming and Plenty. Having achieved the milestone of a fully autonomous farm, Canopii is now planning its first commercial farm in Portland, with future intentions to franchise the resource-efficient, house-power-operable units.
(Source:TechCrunch)