Online grocery retailer Ocado Group has completed its deal to partner and invest in Infinite Acres.
Infinite Acres is a partnership of three companies working together to scale indoor food production through vertical farming done in environmentally controlled, pesticide-free facilities. The joint venture was first announced in June and since has been engaged in several international projects.
Along with UK-based Ocado, the Infinite Acres partnership includes Netherlands-based Priva Holding BV, a provider of technology solutions, services and automation systems to horticultural and other industries; and U.S.-based 80 Acres Farms, specialised in technology-assisted indoor growing and a multi-farm operator marketing a wide variety of freshly-harvested vegetables and fruits.
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