Nextfood

Providing automated soilless indoor vertical farming solutions ranging from small in-store systems to large automated farms automated vertical farming solutions

  • AI, Foodtech, Smart City
  • Series A
Location
Copenhagen, Denmark
Revenue size
EUR 10,000 - 99,999
Year founded
2017
Funding raised
Pending
Founders
Rasmus Bjerngaard, Hannes Lindal
Most relevant investors
Pending
Team size
20-50
Website

www.nextfood.co

Problem

The food supply chain is inefficient, unreliable and environmentally toxic. Traditional agriculture consumes 70% of all water, emits 70% of all water pollution, wastes 40% of vegetables and releases 26% of all greenhouse gasses. With a world population expected to reach 9.7 billion by 2050, of which 68% will live in urban areas the situation will only deteriorate.

SOLUTION

Nextfood delivers a full farm technology stack to partners, and helps operate farms. Their proprietary platform integrates and automates the entire plant-based food supply chain from order through vertical farm production to delivery and invoice. Unlike outdoor agriculture’s industrial age commodity production, prone to market and weather risks, Nextfood’s production is predictable and demand-driven year-round.

Moreover, their farms are extremely efficient: the yield of a 1m² Nextfood farm is comparable to 200 m2 of an outdoor farm, requires 98% less water, saves more than 75% of fertilizer and uses zero pesticides.

Team

The Nextfood team combines a wide range of disciplines, including plant science, data science, agronomy, mechanics, automation, electronics, software, business and operations. The co-founders, Rasmus Bjerngaard, CEO, and Hannes Lindal, CTO, are seasoned tech entrepreneurs/ex-VC.

Unique selling point

Local, fresh, flavourful and pesticide-free plant-based food produced climate sustainably year-round.

Full vertical farming solution based on integrated automatic proprietary technology stack.

Asia Connection

Nextfood is looking for new clients, local farm operations partners and (equity and debt) funding opportunities across East Asia.

Pitch

GET IN TOUCH WITH

Nextfood