CubicFarm Systems Corp., an award-winning technology company founded by farmers, has secured $2.1 million in new investment capital. This funding round provides a significant boost to the company, which is dedicated to advancing local chain agriculture technologies. CubicFarm Systems Corp. focuses on solutions designed to minimize the use of natural resources while maximizing cubic growing space, thereby strengthening local food systems that benefit people, resources, and the economy.
The company has developed two distinct indoor growing technologies that address critical agricultural needs. The CubicFarm System is specifically engineered for the cultivation of fresh produce, offering a controlled environment for optimal growth. Complementing this, HydroGreen Automated Vertical Pastures™ provides high-energy fresh livestock feed. These proprietary ag-tech solutions empower farmers to grow more with less, significantly reducing the need for land, water, energy, and labour. Both systems operate consistently 365 days a year, enabling year-round agricultural production anywhere.
CubicFarm Systems Corp. plans to allocate the recently raised funds towards accelerating its growth initiatives and further developing its innovative indoor farming technologies. This capital infusion will support the company's ongoing efforts to expand its market presence and enhance its technological offerings. By continuing to advance its solutions, CubicFarm Systems Corp. aims to further empower farmers to achieve greater efficiency and sustainability, contributing to more resilient and self-sufficient local food economies globally.
