Published by
Reuters UK
Reuters UK
By James Davey LONDON (Reuters) -Vertical Future, which grows crops without soil and with artificial light, said on Tuesday it had secured 21 million pounds ($29 million) in what it said was Europe’s largest ever “Series A” fundraising in the emerging vertical farming sector. The company said the funding round gave it a valuation of 100 million pounds ($136 million). Vertical farming produces crops on a series of stacked levels and has been promoted as a sustainable way of growing fruit and vegetables closer to the point of consumption without pesticides and using less water. Vertical Future d…