Bayer takes urban farming to next level

While most startups in the vertical farming market are focusing on the development of more efficient infrastructure, Unfold is the only company with unparalleled assets to unlock the genetic potential of vertical farming. By utilizing the seed genetics from vegetable crops, Unfold will focus on developing new seed varieties coupled with agronomic advice tailored for the unique indoor environment of vertical farms.Unfold has raised $30 million in its initial funding round and entered into an agreement for certain rights to germplasm from Bayer's vegetable portfolio.

"Innovation that offers sustainable solutions for agriculture is one of the 10 areas of engagement and investment that Leaps by Bayer is focused on," said Jürgen Eckhardt, head of Leaps by Bayer, which was built to drive fundamental breakthroughs in the fields of health and agriculture through new technologies. "The investment in Unfold is a great example of a transformative, creative approach to developing agricultural products that meets the needs of consumers, farmers and the planet by increasing access to fresh fruits and vegetables, supporting sustainably grown, hyperlocal production and addressing food security challenges faced by growing urban populations."Bayer Crop Science in the Philippines has also introduced urban agriculture in a densely populated community in Barangay Ususan, Taguig early this year as its current local contribution to food and sustainable livelihood during the pandemic.Its 300-square meter "Bayer Kubo" may still be the traditional horizontal urban farm, but it provides the opportunity for residents there to make productive use of their time in growing vegetables such as eggplant, tomato, pechay, sili and different herbs."We're fortunate that the community in Barangay Ususan continues to enjoy making their own food with the urban farm set up right inside their residential area," said Iiinas Ivan Lao, country commercial lead for Bayer Crop Science. "Filipino consumers have preference for fresh vegetables and this initiative caters to them. Obviously, vertical farming has the potential to increase food output in very scare areas for planting within highly urbanized cities."

Source: The Manila Times
Image courtesy of Unfold

Source: The Manila Times