Saturday, June 15, 2019

Farming-as-a-service startup Infarm raises $100M Series B for its remotely operated modular farms placed in grocery stores, restaurants, other urban locations (Steve O'Hear/TechCrunch)

Steve O'Hear / TechCrunch:
Farming-as-a-service startup Infarm raises $100M Series B for its remotely operated modular farms placed in grocery stores, restaurants, other urban locations  —  Infarm, the Berlin-based startup that has developed vertical farming tech for grocery stores and restaurants, is disclosing $100 million in in Series B investment.



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Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part due to investments, as it seeks to monetize AI (Luz Ding/Bloomberg)

Luz Ding / Bloomberg : Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part du...