Airponix, an innovative agri-tech company that provides the ability to grow high-quality produce via nutrient-rich fog, received investment from Henley Business Angels members
Investors in this round: Henley Business Angels
A group of Henley Business Angels members have invested in Airponix, an innovative agri-tech company providing systems that allow the growth of high-quality produce with no soil, 95% less water and lower energy consumption.
With the impacts of climate change continuing to cause unpredictable weather conditions, and farmers globally feeling the strain of growing a quality harvest, the need to be able to reliably and sustainably produce food, at a reasonable cost, is paramount.
…and research has shown that future generations could see a mass decrease in the availability of certain crops, such as potatoes, due to the harsh reality of climate change.
Compared to conventional farming, Airponix’s system uses only 5% water; and lower energy through optimisation of natural light, helping guide towards net-zero food production; all in a soil-less, protected environment.
How do they do this? Airponix has developed an innovative nutrient-rich fog, which is distributed through their patented systems allowing crops to be grown almost anywhere.
Michael Ruggier, Founder and CEO of Airponix welcomed the investment, saying “We are excited to have the support of HBA and delighted that they appreciate the disruptive nature of our technology in helping to feed the world sustainably.
Jeremy Rowson, Lead Angel for the HBA investment congratulated Airponix, saying “Airponix has developed an innovative solution to improve the economics of controlled environment agriculture. We are pleased to be investing in a business that will add real value to the lives of people around the world who currently have limited access to local fresh food.
Read more about Airponix, the investment they received from Henley Business Angels, and their Seedrs crowdfunding campaign here: https://henleybusinessangels.com/investment-news-airponix/