Analysis: Is vertical farming grocery's future or fad?

Vertical farms Ocado JFC 4

After unveiling two separate deals in the vertical farming space, Ocado continues to place itself in the vanguard of grocery distribution and consumption.

The etailer and tech specialist has penned a series of large-scale partnerships at home and abroad over the last 18 months – such as those with Marks & Spencer, Kroger and Sobeys. But it has also been busy quietly acquiring stakes in several smaller companies operating at the technological forefront of food distribution.

In May, Ocado snapped up a minority stake in a robotic chef start-up called Karakuri, which uses robotic automation to assemble ready-to-eat meals.

And yesterday it lifted the lid on two separate deals in the realm of vertical farming.

 

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