INNOVATION AT YOUR FINGERTIPS
Updated: 09/2019
CoolFarm
Portugal / Coimbra , Portugal
Pitch
Plug, play and produce fresh food all year round: CoolFarm smart indoor farming optimizes crop yields and cuts wastage.
Why
Food waste crisis
1.3bn tons of food are wasted annually, with the highest loss rates from fruits and vegetables.
Population increasing
Limited food chain resources cannot feed fast-growing populations worldwide.
Inefficient agricultural methods
Traditional farming lacks real-time data analysis to monitor crop health, pest and soil conditions.
Market
$106.6bn
Global indoor farming market value in 2017, with estimated CAGR of 3.4% for the period 2018–2023.
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