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Aeroponics AgTech Fund Raise

Aeroponics startup Aerospring Gardens has raised S$1 million in a pre-Series A round

Aerospring Gardens Pte Ltd, an aeroponics startup based out of Singapore raised S$1 million in a pre-Series A round from Sirius Venture Capital, a boutique venture capital and entrepreneurial finance firm. The Aerospring is a compact, modular, self-watering vertical gardening system that looks good in any urban dwelling. It grows 27-36 edible plants on one pole in less than one square metre of space.

The system is made of high quality, UV-stabilized, food-safe plastic that is built to last many years in the sun. It can grow almost anything including tomatoes, cucumbers, salads, kale and herbs.

The company makes huge business sense, given the fact that Singapore is one of the most densely populated countries in the world. Land is scarce and the majority of people live in high-rise dwellings. Less than 10% of food is locally grown and this is something which will allow everyone the ability to grow a little of your own.

Aerospring Gardens’ goal is to provide the best growing experience possible, to allow people to take back control over their food, to reconnect with it and truly experience the joy of growing their own food, right at home. It will use the fresh funds to expand distribution and develop a new warehouse and showroom facility three times the existing capacity in Singapore.

About Aeroponics Technology:

Aeroponics is the process of growing plants in an air or mist environment without the use of soil or other medium. The basic principal is to grow plants in a closed environment by periodically spraying roots with a nutrient rich solution. The obvious benefit to aeroponics is the volume of plants that can be grown year-round on a limited amount of space.

Once established, the aeroponics system can be adjusted to grow anything from greens to berries and tomatoes by simply adjusting the inputs. The lack of soil also affords a disease-free environment. In developing countries like India and China, Aeroponics technology is majorly used for mini-tuber (potato seed) production.

Read more at The Business Times.

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