> More traditional greenhouses already grow a large percentage of the tomatoes eaten in the United States, for example (most come from Mexico and Canada). In the Netherlands, greenhouses grow nearly a million tons of tomatoes a year, along with other crops, making the country a major food exporter despite its tiny size.
It boggles my mind - the technology already exists and is profitable in the form of a hydroponic greenhouse. So what you paid for as an investor was a bunch of R&D research on how to replace natural and free sunlight with LEDs. (The fact that there are investor decks out there pitching that energy costs could be offset by investments in solar panels is laughably hilarious.).
Even your average field farmer is no slouch. I was just having a conversation with our neighbor, an orchardist who manages over 200 acres of trees. He currently pays $60k a year in just in SaaS fees to cover all of the technology on his farm. Your average (productive) farm is already a miracle of modern automation.
It boggles my mind - the technology already exists and is profitable in the form of a hydroponic greenhouse. So what you paid for as an investor was a bunch of R&D research on how to replace natural and free sunlight with LEDs. (The fact that there are investor decks out there pitching that energy costs could be offset by investments in solar panels is laughably hilarious.).
Even your average field farmer is no slouch. I was just having a conversation with our neighbor, an orchardist who manages over 200 acres of trees. He currently pays $60k a year in just in SaaS fees to cover all of the technology on his farm. Your average (productive) farm is already a miracle of modern automation.