FOTONIQ, a spin-off company from Dutch-based PHYSEE, has raised an undisclosed amount of funding led by Navus Ventures and Icos Capital. The investment will be used to further develop FOTONIQ’s PAR+ spray coating technology for high-tech greenhouses, which increases crop yields and reduces energy costs. The company’s coating allows for more evenly distributed light and heat inside the greenhouse, resulting in higher crop yields. Lab measurements suggest that using PAR+ can generate an additional €200,000 in profit per hectare in greenhouses. FOTONIQ plans to apply PAR+ on over 30 hectares this year.
Supercharging Dutch Greenhouses: FOTONIQ’s Funding Revolutionizes Eco-friendly Horticulture
Latest from Blog
Arch Venture Partners secures over $3bn for Fund XIII
TLDR: Arch Venture Partners has raised over $3 billion for Fund XIII. Investors in the fund include Alaska Permanent Fund and Rockefeller Brothers Fund. In a recent development, Arch Venture Partners has
Raising Your First Venture Fund: Tips for Success
TLDR: Samir Kaji, a seasoned venture capital professional, shares a six-point plan for raising a venture fund as a first-time fund manager. Key steps include staying focused on a niche, not worrying
Exploring China’s Quantum Computing Breakthrough and VC Trends
TLDR: ONCO stock surged over 80% in pre-market after Altos Venture acquired a stake Chinese low float stocks like DUO rose over 40% in sympathy with large caps Summary: The article discusses
The Blindspot: Venture Capitalists’ Go-To Tool with Fatal Flaw
TLDR: Nader Al-Naji, founder of Bitclout, was arrested for an alleged crypto scam involving VC giant Andreessen Horowitz as a victim. VCs’ pattern matching led them to invest in Al-Naji despite red
Korean startups seek corporate investors in challenging ecosystem climate
TLDR: Korean startups are seeking corporate investors as funding becomes harder to secure. The government in South Korea has relaxed CVC rules to attract more foreign investment. Korean startups are facing a