Veganz Group AG and VeGreat LLC to Launch Vertical Farming Project for Protein Crops in Dubai
A few months ago, the Berlin-based Veganz Group AG acquired the licensing rights for the vertical farming platform technologies OrbiPlan and OrbiLoop from the research organization Fraunhofer Institute IME. These technologies allow the industrial production of food and protein crops under highly efficient indoor conditions anywhere in the world. Now, the Veganz Group AG and US-based company VeGreat LLC announce OrbiFarm, a joint venture to exploit these vertical farming technologies in Dubai, United Arab Emirates. VeGreat LLC recently acquired newly issued shares of the Veganz Group AG, increasing Veganz Group AG’s capital by 10%. “This will make it possible for the first time, anywhere in the world, independent of climate and environmental influences, to realize the production of plant-based alternatives from seed to end product in one hall with maximum efficiency and …
