Eden Green Technology opens first vertical farming greenhouse in Cleburne
Dallas-based vertical farming company Eden Green Technology has completed construction of its first vertical farming greenhouse on a 2-acre site in Cleburne. The facility uses vertical farming to reduce the space required for urban farming. It will produce 1.8 million pounds of vegetables annually in 62,500 square feet of grow space.
“Demand for locally grown healthy produce is at an all-time high. Over the past few years, there has been significant investment across the industry, especially Texas. Eddy Badrina, CEO of Eden Green Technology, said, “We Proud to be one of the first leaders in the field, and now one of the biggest, creating fresh food and new opportunities for workers.
Eden Green also announced the expansion of a new facility that, when completed, will triple annual green production to more than 5 million pounds. The $31 million expansion will include 125,000 square feet of grow space and will employ 50 additional workers.
Each of these new facilities can produce 11 to 13 harvests per year and grow more than 200 products. The company donates 10% of its proceeds to charity.
Finally, Eden Green will launch a Series B round soon and has appointed Matt Hemsley, CEO of Minneapolis-based Piper Heartland Healthcare Capital, to its board of directors to prepare for the round.
Mammoth Extinction launches spin-off business
Dallas-based extinction company Colossal Biosciences (working on restoring mammoths and thylacines) has launched spin-off Bio Form, an independent company providing a breakthrough computational life sciences platform. Bio Form enters the market with an oversubscribed $30 million in Series A funding.
Form Bio’s main initiative is to provide scientists with a simplified software platform that replaces heavy coding processes with simpler user-friendly software.
“Form Bio is the missing piece of scientific discovery,” said Colossal co-founder and CEO Ben Lamm. “When you have a big scientific enterprise like exterminating a species, you don’t just need the smartest scientists in the world, you also need powerful software, most of which didn’t exist until now. After reviewing all available products on the market Afterwards, we chose to create our own software solution. Now, we want to share this modern, integrated platform with the wider community to impact other areas of scientific innovation, including human health.”
The Bio Form platform is designed for use in drug discovery, gene and cell therapy, manufacturing efficiency, academic research, and more.
“Science is entering a whole new era in which progress can not only treat disease, but cure it,” said John Spinale, managing partner at JAZZ Venture Partners, the lead actor in Bio Form’s Series A financing. “Every scientific discipline associated with these types of innovations inevitably requires rapid analysis of large amounts of data. Form Bio has developed a cutting-edge solution to directly address this data flooding problem, while meeting the industry’s desire for a simple, user-friendly platform There is an urgent need to replace large amounts of code, cumbersome data processing processes and underdeveloped tools.”
With the launch of Form Bio, Kent Wakeford will transition from COO of Colossal to co-CEO of Form Bio, where he will work alongside co-CEO Andrew Busey. Former Biolabs COO Adam Milne will join Colossal as the new COO.
LTK Con at Amber Venz Box Covers Key Retail Takeaways and Celebrates Over 350 Influencers
This week, influencer platform LTK hosted more than 350 influencers at its 10th annual LTK conference at the Adolphe Hotel. The three-day event features guest speakers including Maureen Kelly, CEO of cosmetics giant Tarte; Barbara Sainsurin, executive director of digital at Anthropologie; Shea McGee from the Netflix show Dream Home Makeover; and more.
Venz Box opened the session with a review of industry developments and recent research findings over the past decade. “Over the past year, brands have invested $800 million in LTK creators,” she said, highlighting influencers’ marketing investments in businesses.
Box also highlighted the importance of artificial intelligence in social media and content creation, saying recent research shows that consumers trust influencer recommendations more than their family members and celebrities. “Today, we’re in another very big transition period, a period where content is the driving force,” she said.
Before introducing LTK Consumer General Manager Kitt Ulrich announcing three new brand refreshes, she highlighted the growth of LTK’s workforce from 300 to 670 employees. Ulrich revealed that LTK will enable a feature that will allow consumers to purchase products directly through the LTK platform, rather than redirecting them to the supplier’s website.
Additionally, LTK announced a redesign of the app that influencers use to post content, giving them a new way to organize and highlight their content within the app. The final day of the conference featured the Creator Awards, which recognized influencers in categories including beauty, home, wellness, and more. The awards ceremony was held at the Thompson Hotel in downtown.
Children’s Medical Center receives $500,000 donation from PGA Tour pro Jordan Spieth
The Jordan Spieth Family Foundation has donated $500,000 to Children’s Medical Center for the expansion of Children’s Medical Center in Plano. The gift is the largest to date by the Spieth Foundation.
“Anne and I are so grateful for the incredible work that the oncology staff at Children’s Health is doing to save their lives,” Spieth said. “We have a personal connection to pediatric cancer, and this hospital in particular. While we hope research continues to make this problem non-existent in the future, for now, our focus is on improving the experience for every family as much as possible.”
The Children’s Medical Center Plano campus expansion broke ground in October 2021 and is expected to be completed in the second half of 2024. Plans for the Plano campus expansion include a new 395,000-square-foot tower that will house expanded specialty care programs including cardiology, oncology, gastroenterology and neurology, among others. The new tower – which will nearly double the size of the hospital facility – will increase the total number of available beds from 72 to 212.
In recognition of this gift, the Family Support Lounge at the newly expanded Pauline Allen Gill Cancer and Blood Disorders Center at Plano Children’s Medical Center will be named the Jordan Spieth Family Foundation Lounge.
DFW International Airport orders emission-free buses
DFW International Airport, the world’s first carbon-neutral airport, will have 26 new emission-free buses in 2023 courtesy of California-based ENC, a subsidiary of the $1 billion company REV Group.
ENC’s Axess buses are in service at 33 airports across the country. Four of the 26 buses entering DFW are the company’s newest EVO-BE bus line – a zero-emission battery-electric bus line with an industry-leading 738 kWh of battery energy storage.
“With over 70 million passengers passing through our airports each year, we will continue to focus on using renewable energy to transport them safely, while we focus on reducing carbon emissions and achieving our goal of achieving net-zero emissions by 2030,” Executive Officer Ken Buchanan said ENC’s vice president of revenue management and customer experience.
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