Tag: Vertical

Tech-Driven Vertical Farming Company Kalera Announces Two New Vice Presidents of Sales Focused on Foodservice and Retail Accounts

The appointment of these executives coincides with Kalera’s expansion into new markets nationwide.

Kalera

Mark Gagnon, VP of Sales for Retail Accounts at Kalera, has over three decades of experience in the produce and grocery industries.
Mark Gagnon, VP of Sales for Retail Accounts at Kalera, has over three decades of experience in the produce and grocery industries.
Mark Gagnon, VP of Sales for Retail Accounts at Kalera, has over three decades of experience in the produce and grocery industries.

Kalera

Kalera's newly appointed VP of Foodservice Sales, Marc Jennings, brings with him over 20 years of experience in the foodservice industry.
Kalera’s newly appointed VP of Foodservice Sales, Marc Jennings, brings with him over 20 years of experience in the foodservice industry.
Kalera’s newly appointed VP of Foodservice Sales, Marc Jennings, brings with him over 20 years of experience in the foodservice industry.

ORLANDO, Fla., Oct. 13, 2020 (GLOBE NEWSWIRE) — Today, technology-driven vertical farming company Kalera (NOTC: KALERA, Bloomberg: KSLLF) announced that it has hired two new executives to fill the positions of Vice President of Foodservice Sales and Vice President of Sales for Retail Accounts. The newly appointed VP of

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Inside Singapore’s huge bet on vertical farming

From the outside, VertiVegies looked like a handful of grubby shipping containers put side by side and drilled together. A couple of meters in height, they were propped up on a patch of concrete in one of Singapore’s nondescript suburbs. But once he was inside, Ankesh Shahra saw potential. Huge potential. 

Shahra, who wears his dark hair floppy and his expensive-looking shirts with their top button casually undone, had a lot of experience in the food industry. His grandfather had founded the Ruchi Group, a corporate powerhouse in India with offshoots in steel, real estate, and agriculture; his father had started Ruchi Soya, a $3 billion oilseed processor that had been Shahra’s training ground.

By the time Shahra was introduced to VertiVegies founder Veera Sekaran at a friend’s party in 2017, he was hungry to make his own entrepreneurial mark. A previous attempt had involved sourcing organic food from around

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This Vertical Farm Was Born in the Pandemic. Sales Are Up.

KUALA LUMPUR, Malaysia — The setup of the two friends’ agricultural venture was unusual. Their farm sat next to a gas station, inside a shipping container where the plants grew in vertically stacked shelves. And the timing of their first sales — during the early days of Malaysia’s coronavirus outbreak — seemed less than ideal.

“We were a nascent product in an uncertain market,” said Shawn Ng, 28, a co-founder of the vertical farm, the Vegetable Co. “We weren’t too sure if it would take off.”

“But somehow,” he added, “the market kind of played in our favor.”

As in-person shopping wanes during the pandemic, Mr. Ng’s Malaysia-based operation is one of many small farms around the world that are selling fresh produce directly to consumers in ways that bypass brick-and-mortar grocery stores.

Some farms sell on e-commerce platforms like Amazon or Lazada, Alibaba’s online emporium for Southeast Asia, or

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