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Tag: Vertical farm

Netled Signs €15 Million Contract With Oh My Greens

Indoor Ag-Con 2021 Exhibitor Netled and Oh My Greens (OMG) have signed a contract for a three-year investment programme that will see Netled deliver its Vera vertical farm to OMG, a Swedish supplier of potted herbs. The contract was signed in June 2021 and is worth a total of 15 million euros over three years. The contract also includes a five-year maintenance and cultivation consultancy service, and is estimated to be one of the largest turn-key technology deals specifically between technology provider and farm operator in the indoor agriculture market to date.Indoor AG-Con 2021 Exhibitor Netled Signs Contract

The first delivery for the project is under way and is valued at 3.2 million euros; it is due in Q2 of 2022. After commissioning, Netled will continue to provide technical and consultancy services while OMG will focus on producing and supplying vegetables to retailers in Stockholm.

OMG is a farm operator company providing consumers with potted herbs, and has ambitions to achieve major market share in Sweden by the end of the investment programme.

OMG is part of Applied Value Group, a Swedish-American investment, management consultancy, and social impact firm. OMG operates in Sweden together with its sister company, Bake My Day (BMD). BMD is a 25 million USD revenue company serving 800 customers with daily deliveries including around 400 grocery stores.

“We considered 17 different vertical farming technology providers and came to the conclusion that, in terms of its technology, know-how, and delivery capabilities, Netled is years ahead of the competition.” says CEO of OMG, Moses Isik.

“The cooperation with OMG and its sister company, BMD, creates a huge opportunity for Netled to increase its market presence in Sweden. It also solidifies our position as the global leader in vertical farming technology.” says CEO of Netled, Niko Kivioja.

Learn more here.

Growing Strawberry Seedlings In World’s Most Northern Vertical Farm With Netled’s Vera Technology

Indoor AG-Con 2021 Exhibitor Netled shares that Vera vertical farming technology is now producing strawberry seedlings at the world’s northernmost vertical farm at Kainuu Vocational School, Kajaani, Finland.

Last year Netled delivered and commissioned its Vera LED lighting and climate control technology to the Seppälä vertical farm in Kainuu Vocational School, Kajaani, Finland. Seppälä vertical farm is the northernmost vertical farm in the world, just 250km south of the Arctic Circle.

In addition to its northern latitude, Seppälä vertical is also the largest vertical project for teaching and research purposes in the world.

“The fantastic facilities at Seppälä vertical enable the education of versatile growers and important research in the field. This will also be an immense help for the companies developing vertical farming technology”, comments Niko Kivioja, CEO at Netled.

The Seppälä vertical farm serves as a great example of the benefits of vertical farming: even at over 64 degrees north, the location doesn’t influence the vertical farming process.

During the first year of operations, different types of salad and herbs have been grown, as well as two different batches of strawberry seedlings.

Different recipes for growing have also been created during the first year.

The overall incentive of the project is to better understand the plants and the entire growing process. In the future, Seppälä vertical farm aims to have a completely carbon-neutral production method and run on solar power.

Kari Komulainen, Head Grower at Peuraniemi Nursery, has been extremely satisfied with the results of the vertical farm so far: “The two batches of strawberry seedlings we have grown so far have proven without doubt the efficiency and profitability of producing seedlings vertically”, Kari explains.

Watch the video to see what else Kari has to say about growing strawberry seedlings at the world’s most northern vertical farm

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