As California struggles with another crippling drought, a Silicon Valley startup that believes robots can grow produce more sustainably said Wednesday it raised $50 million in a funding round led by Bill Gates' Breakthrough Energy Ventures.
Iron Ox uses robots that are integrated with a hydroponic system consuming 90% less water than traditional farms, said CEO Brandon Alexander.
"Then they say, 'What is missing? What does that plant need that we're not giving it'," Alexander said. Any water not used can be pumped back into the system to be reused later. Iron Ox grows Thai basil and strawberries and is working on cilantro, parsley, and tomatoes. The company is also building a new 535,000-square-foot greenhouse in Lockhart, Texas, 30 miles south of Austin.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bill Gates Gets Really Awkward When Asked About His Ties To Jeffrey Epstein'Well, he's dead, so, uhh, in general, you always have to be careful.'
Read more »
Gates Raises Over $1 Billion For Green Technologies As Part Of Climate Change PledgeBillionaire Microsoft cofounder Bill Gates, who Forbes lists as fourth richest man in the world, has secured more than $1 billion from corporations to reduce the cost of clean technologies in four sectors — green hydrogen, direct air capture, sustainable aviation fuel and long duration energy sto...
Read more »
Bill to fund U.S. government, lift debt limit gets enough votes to pass HouseA Democratic bill to fund the U.S. government through Dec. 3 and suspend the nation's borrowing limit until the end of 2022 secured enough votes to pass the House of Representatives on Tuesday, heading to the Senate where Republicans vow to block it.
Read more »
Democrats tie government funding to debt bill, GOP digs inWASHINGTON (AP) — Democratic congressional leaders backed by the White House announced Monday they would push ahead with a vote to fund the government and suspend the debt limit, all but daring Republicans who say they will vote against it despite the risk of a fiscal crisis.
Read more »