Analysis: Is vertical farming grocery's future or fad?

Vertical farms Ocado JFC 4

After unveiling two separate deals in the vertical farming space, Ocado continues to place itself in the vanguard of grocery distribution and consumption.

The etailer and tech specialist has penned a series of large-scale partnerships at home and abroad over the last 18 months – such as those with Marks & Spencer, Kroger and Sobeys. But it has also been busy quietly acquiring stakes in several smaller companies operating at the technological forefront of food distribution.

In May, Ocado snapped up a minority stake in a robotic chef start-up called Karakuri, which uses robotic automation to assemble ready-to-eat meals.

And yesterday it lifted the lid on two separate deals in the realm of vertical farming.

 

Already have an account?

Want to read more?

Register for LIMITED guest access

Register now

Get premium access

£5 A MONTH for 3 months

Subscribe now