| Date | Title | Description |
| 04.06.2024 | Applications Open for Addleshaw Goddard’s Tech Firm Accelerator | Addleshaw Goddard, the law firm, has opened applications for its accelerator programme that gives tech companies a package of tailored legal advice to help them grow at scale.
The ten-month AG Elevate programme provides selected growth-stag... |
| 28.05.2024 | From a “scrappy” research project in Scotland to global Giga Farms: IGS former CEO David Farquhar reflects | Disclosure: AgFunderNews parent company AgFunder is an investor in IGS.
When David Farquhar joined vertical farming tech provider Intelligent Growth Solutions (IGS) in 2017, the company was, in his words, little more than “an R&D projec... |
| 07.02.2024 | DIGIT Deal Roundup | January 2024 | Welcome to the latest edition of the DIGIT Deal Roundup.
Scotland’s tech sector jumped right back to work in January, with a swath of new investment, funding, and acquisition news across the industry.
For a recap on those standout stories, ... |
| 26.01.2024 | International Day of Clean Energy: Scotland’s Story | On the 26th of January 2024, the first ever International Day of Clean Energy will be observed. The day was declared by the United Nations (UN) General Assembly to raise awareness and mobilise action for a just and inclusive transition to c... |
| 18.01.2024 | Scots Agritech IGS Bags £22.5M Funding for Global Expansion | Intelligent Growth Solutions (IGS) has today announced that it has raised £22.5 million in a Series C fundraise to support significant global expansion as the business deploys its vertical farming technology to customers worldwide.
The inve... |
| 11.01.2024 | DIGIT Movers and Shakers | December 2023 | The Scottish tech sector rounded off 2023 with a series of appointments, partnerships, and awards to end the year on a high and gave plenty of reason for optimism before well deserved hibernation.
As the new year ramps up and companies cont... |
| 06.12.2023 | IGS Enters Partnership For New ‘GigaFarm’ in Dubai | Food Tech Valley has signed an agreement at COP28 with ReFarm to start construction on a 900,000 sq. ft. “GigaFarm”. The waste-to-value farm will be capable of recycling more than 50,000 tonnes of food waste and growing two billion plants e... |
| 30.11.2023 | Timeline: After a decade of tough lessons, indoor ag nears ‘the plateau of enlightenment’ | “We felt like we were doing a lot of things right. Only in retrospect [are there] a lot of lessons that we learned that I’d like to share and hope some of you can learn from the stuff that we experienced.”
Former VP Chris Cerveny was referr... |
| 24.04.2023 | DIGIT Leader Summit 2023 | Just Three Days to Go! | There is now just three days to go until the DIGIT Leader Summit, set to be held live at Edinburgh’s Dynamic Earth on Thursday, 27 April.
Now in its seventh year, the conference is the largest annual leadership event for Scotland’s IT &... |
| 13.01.2023 | Movers and Shakers | December 2022 | Recruitment KPMG
KPMG UK have promoted ten colleagues to director positions across its three Scottish offices. Laura Wiseman (Audit) and Meredith Casey (Deal Advisory) become directors in KPMG’s Edinburgh office.
Along the M8, six new Glasg... |
| 05.07.2022 | DIGIT Deal Roundup | June 2022 | Funding Earth Blox
Scottish tech firm Earth Blox will push forward with plans to expand its global reach and develop its no-code Earth observation (EO) cloud-based SaaS thanks to £1.5 million in funding.
The company’s services help users cr... |
| 16.02.2022 | DIGIT Movers and Shakers | January 2022 | Recruitment and Appointments The Data Lab
Scotland’s innovation centre for data and AI, The Data Lab, has a new Interim CEO at the helm.
Brian Hills will be responsible for leading the 50+ strong team, driving the growth of AI and data scie... |
| 31.01.2022 | Scots Agritech IGS Supporting First Solar-powered Commercial Scale Farm | A new solar-powered farm with support from IGS will be an Australian-first, growing leafy greens, specialty crops and begin the development of indigenous crops.
The farm will be located next door to the Shire of Murray’s Western Australian ... |
| 11.01.2022 | 15 Scottish Tech Companies to Watch in 2022 | Many Scottish tech companies will have entered 2022 with a new-found sense of optimism and excitement.
Despite challenging conditions, the Scottish tech sector performed well in 2021, with several notable acquisitions, expansions and invest... |
| 27.12.2021 | DIGIT’s Biggest Scottish Deals of 2021 | Despite a difficult two years due to the pandemic and the impact of Brexit, Scottish companies have continued to see strong growth and gain access to extra funding.
Sectors such as banking, e-commerce, space and life sciences all saw substa... |
| 09.12.2021 | DIGIT Deal Roundup Column | November 2021 | Funding and Investment Cyan Forensics
A consortium led by Cyan Forensics has been awarded £85,000 by the UK Government to demonstrate innovative technologies to tackle one of society’s most pressing issues – keeping children safe online in ... |
| 18.11.2021 | The Week in Agrifoodtech: Monarch Tractor’s $61m round, JBS’s cell meat bet & Bayer-Microsoft match | This week, The Week in Agrifoodtech includes news of a major strategic partnership between one of the world’s biggest agribusiness companies and one of the world’s biggest software companies; while the world’s number one meat processor made... |
| 09.11.2021 | Intelligent Growth Solutions Raises £42m in Latest Funding Round | Scottish agritech startup Intelligent Growth Solutions (IGS) has raised £42.2 million as part of an oversubscribed Series B funding round.
IGS confirmed the investment at COP26 in Glasgow last week, where the firm has been showcasing its te... |
| 08.11.2021 | Scotland's Intelligent Growth Solutions secures £42M+ | Vertical farming startup Intelligent Growth Solutions has raised £42.2 million in a Series B led by Swiss investor COFRA. Cleveland Avenue and DC Thomson also participated in the round, along with existing backers.
Additional Investors
AgFu... |
| 04.11.2021 | IGS banks $58m to cement its place as the John Deere of vertical farming | Disclosure: AFN’s parent company, AgFunder, is an investor in IGS.
UK vertical farming tech startup Intelligent Growth Solutions (IGS) has raised £42.2 million ($57.7 million) in Series B funding.
The round was led by Swiss conglomerate COF... |
| 18.08.2021 | Intelligent Growth Solutions Wins 2021 AgTech Breakthrough Award | With our solution operators are able to produce and deliver a fully automated vertical farm that uses up to 50% less power, 80% less labour, and 96% less water than traditional methods - David Farquhar, CEO of IGS
LOS ANGELES (PRWEB) August... |
| 26.07.2021 | Five Scottish Tech Companies Fighting Climate Change | Since the Scottish Parliament unanimously passed the Climate Change Act in 2009 – with ambitions to reduce emissions from 1990 levels by 42% by 2020 and by 80% by 2050 – the country has developed a reputation as a global leader on the subje... |
| 02.06.2021 | DIGIT Movers and Shakers | May 2021 Edition | Recruitment IGS
Edinburgh-headquartered agritech business Intelligent Growth Solutions (IGS) has welcomed Sarah Willis into the role of Chief Financial Officer.
The vertical farming company says that Willis’ appointment reflects the “need f... |
| 10.05.2021 | DIGIT Deal Roundup Column | April 2021 | Funding and Investment Ten Bio
Dundee University tech spin-out Ten Bio gained more than £900,000 to aid the ‘transformation’ of pharmaceutical and cosmetic product testing.
The tech firm’s funding round was led by TRICAPITAL, with matched f... |
| 16.12.2020 | 11 Scottish Startups Worth Watching in the New Year | 2020 has been a turbulent year for everyone. In business, startups have been particularly hard hit, with a recent survey warning that over 1000 young companies have filed for administration since the start of lockdown.
However, for those th... |
| 14.10.2020 | DIGIT Deal Roundup | September 2020 | Funding Bellrock Technology
Scottish data analytics innovator Bellrock Technology has successfully listed for the first time on a public sector framework that has generated more than £6 billion in contracts since 2012.
The Glasgow-based fir... |
| 27.08.2020 | Leader Insights | David Farquhar, Chief Executive, Intelligent Growth Solutions | Technology will be the driving factor behind the next agricultural revolution, according to David Farquhar, Chief Executive of Intelligent Growth Solutions (IGS).
“Agriculture 4.0”, Farquhar asserts, will not only deliver improvements to ef... |
| 20.08.2020 | Agtech startup iFarm bags $4M to help vertical farms grow more tasty stuff | Vertical farming technology provider iFarm has bagged a $4 million seed round, led by Gagarin Capital, an earlier investor in the startup. Other investors in the round include Matrix Capital, Impulse VC, IMI.VC and several business angels.
... |
| 04.08.2020 | DIGIT Deal Roundup Column: July 2020 | Investment
Eos Advisory and Cumulus
July was off to a good start for Eos Advisory, who led a £1.7 million investment round to back Europe’s first oncology drug discovery accelerator, Cumulus Oncology.
The investment round, which was support... |
| 09.10.2019 | The extraordinary opportunity in Asian Ag & Food Technology | Editor’s Note: Michael Dean is a founding partner at AgFunder and Executive Director of the GROW accelerator in Singapore.
It can be common to hear people, particularly in the West, talk about Asia as if it’s one country — the same happens ... |
| 30.09.2019 | Intelligent Growth Solutions Raises £1.6M in Second Close of Series A Funding | Intelligent Growth Solutions Ltd (IGS), a Scottish indoor AgriTech and Commercial Lighting business, raised £1.6m in the second and final close of its Series A funding.
The £1.5m received from agri-investor Ospraie Ag Science (OAS), coupled... |
| 26.09.2019 | Vertical farm tech Intelligent Growth Solutions expands Series A to £7m | Scottish vertical farming tech provider Intelligent Growth Solutions (IGS) has raised a further £1.6 million for its Series A round of funding, bringing the grand total to £7 million. Breaking down the expanded fundraise, Ospraie Ag Science... |
| 18.06.2019 | Intelligent Growth Solutions Raises £5.4m Series A with S2G, AgFunder, SIB for Breakthrough Vertical Farm Tech | We’re excited to announce that Intelligent Growth Solutions (IGS), a Scottish vertical farming tech provider, has raised £5.4 million in Series A funding. The round was led by leading agri-foodtech investor S2G Ventures as well as AgFunder ... |
| 18.06.2019 | Scottish vertical farming startup Intelligent Growth Solutions picks up £5.4 million | Intelligent Growth Solutions (IGS), a Scottish-founded agritech startup, has reaped £5.4 million in a funding round led by the US-based S2G Ventures, with participation from AgFunder and Scottish Investment Bank (SIB).
IGS has built a plug-... |
| 18.06.2019 | Scottish agtech startup Intelligent Growth Solutions raises €6 million to achieve global growth in vertical farming | Intelligent Growth Solutions (IGS), the Scottish-based vertical farm technology startup, announced today a €6 million Series A funding round led by S2G Ventures – one of the world’s leading agri-foodtech investors.
Founded in 2013, IGS supp... |
| 18.06.2019 | Intelligent Growth Solutions Raises £5.4M in Series A Funding | Intelligent Growth Solutions Ltd (IGS), a Dundee, Scotland, UK-based vertical farm technology company, raised £5.4m in Series A funding.
The round was led by S2G Ventures, AgFunder and Scottish Investment Bank.
The company intends to use th... |
| 12.12.2018 | Bowery Raises $90m Series B from GV, Temasek | Bowery Farming, the New York-based indoor farming group, has closed a $90 million Series B round of funding in a round led by Google’s venture arm GV, an existing investor in the startup.
Singapore state fund Temasek also joined the round a... |
| - | Intelligent Growth Solutions | “Intelligent Growth Solutions is a global vertical farming technology company, growing premium plants with precision in our vertical Growth Towers.” |
| - | Scottish agritech Intelligent Growth Solutions raises £42 million in new round | Announced at COP 26, Scottish agritech startup Intelligent Growth Solutions (IGS) has announced the close of its Series B funding round at £42.2 million. The company focuses on indoor, vertical farms, and offers a wide range of technical so... |
