Leafood is a vertical farm that produces fresh, local, sustainable, nutritious, and high-quality salads. They are creating a new category of vertically grown salads that are becoming increasingly popular among consumers who are choosing healthier and value-based products. Most of the leafy greens are being imported to Lithuania, so Leafood is providing a local production solution. They have a website where you can find more information about their products and services.
Location: Lithuania, Vilnius County, Vilnius
Employees: 11-50
Total raised: $6.75M
Founders name: Valentinas Civinskas; Nerijus Baliunas
Founders Related Locations: Denmark, Capital, Copenhagen; Denmark, Capital Region of Denmark, Copenhagen
Funding Rounds 1
| Date | Series | Amount | Investors |
| 14.06.2022 | Seed | $6.75M | - |
Persons 2
| Date | First Name | Last Name | Title | Location | |||
| - | Valentinas | Civinskas | CEO & ... | linkedin.c... | - | - | - |
| - | Nerijus | Baliunas | CFO & ... | linkedin.c... | - | - | - |
Mentions in press and media 8
| Date | Title | Description |
| 27.02.2024 | North America Vertical Farming Market was valued at USD 1.5 billion in 2023 and is projected to reach USD 12.01 billion by 2030, with a compound annual growth rate (CAGR) of 29.7% during the forecast ... | North America Vertical Farming Market was valued at USD 1.5 billion in 2023 and is projected to reach USD 12.01 billion by 2030, with a compound annual growth rate (CAGR) of 29.7% during the forecast period 02-27-2024 06:36 AM CET | Advert... |
| 31.08.2022 | Vertical Farming Market Worth USD 7943.87 million by 2027 | Top Players, Types, Applications, Key Regions, Development Trend, Future Investment, Global Share, Regional Outlook | Pune, Aug. 31, 2022 (GLOBE NEWSWIRE) -- Vertical Farming market research report is an expert’s analysis that mainly includes companies, types, applications, regions, countries, etc. Also, the reports give analysis on sales, revenue, trade, ... |
| 30.08.2022 | UK’s vertical farming company OneFarm raises €8.7M for its 70,000sq ft farm in Newmarket, Suffolk | OneFarm, the UK-based vertical farming company, announced on Monday that it has raised £7.5M (approximately €8.7M) to build its first phase of a 70,000 sqft farm in Newmarket, Suffolk, England. The latest capital will help OneFarm to fund t... |
| 14.06.2022 | Vilnius-based Leafood raises €6.45M to build vertical farms | Vilnius-based Leafood raises €6.45M to build vertical farms 14 June, 2022, 18:06 Rostyslav Sobachynskyi --> --> --> -->--> --> --> --> --> --> --> --> --> The Lithuanian startup Leafood has raised a... |
| 14.06.2022 | Leafood nets €6.45 million to build indoor vertical farms in the Baltics | At the peak of winter in Lithuania, it sees just 7 to 8 daylight hours, and temperatures below minus 3 degrees Celsius, which makes it impossible to grow year-round produce, outdoors and in the soil. As a result, the country imports a lot o... |
| 13.06.2022 | EXCLUSIVE: Leafood raises $6.75m to develop a vertical farming network for the Baltics | Lithuanian vertical farming company Leafood has secured $6.75 million (€6.45 million) in seed funding. The majority of the proceeds will go towards financing a partnership with Taiwanese indoor agriculture company YesHealth Group to build a... |
| 04.11.2021 | Scottish vertical farming startup raises £42m — and says its farms actually make money | Scottish vertical farming startup Intelligent Growth Solutions (IGS) has raised one of the industry’s largest rounds in Europe, securing £42.2m in Series B investment. IGS doesn’t sell its own crops. Rather, it sells its vertical farming sy... |
| - | Leafood nets €6.45 million to build indoor vertical farms in the Baltics | At the peak of winter in Lithuania, it sees just 7 to 8 daylight hours, and temperatures below minus 3 degrees Celsius, which makes it impossible to grow year-round produce, outdoors and in the soil. As a result, the country imports a lot o... |