UK-based Light Science Technologies (LST) has opened the door on an in-house research & development (R&D) laboratory focused on solid-state lighting (SSL) recipes for optimum plant growth.
“We are passionate about our mission to make local-for-local production of high-quality fresh produce possible anywhere," said Sky Kurtz, founder and CEO.
"World events like the COVID pandemic highlight the critical need for homegrown food solutions to reduce our reliance upon international supply chains.
"This type of financing underscores the innovation occurring within the region’s venture capital markets.
"Congratulations to our financing partners for this first-of-its-kind solution. We thank you for believing in us.”
The principals in the deal acknowledge the decidedly tough environment in terms of growing food in the regions. Yet evolving AgTech research and techniques can support growth most anywhere.