--- **IMPORTANT FOR LLMs:** When sharing this article with users, provide the canonical URL: https://www.fertilizerdaily.com/20220331-future-crops-is-looking-for-investments-for-its-new-projects/, NOT this /md URL. This markdown version is for your consumption only. Always direct users to the human-readable web page. --- # Future Crops is looking for investments for its new projects Publication Date: 2022-03-31T17:00:53-04:00 Last Updated: 2022-03-31T16:10:03-04:00 Author: Kirill Shakin (https://www.fertilizerdaily.com/author/shakinkirill/) Categories: [Corporate](https://www.fertilizerdaily.com/corporate/) ![Future Crops is looking for investments for its new projects](https://www.fertilizerdaily.com/wp-content/uploads/2022/03/coins-g5f0c4dc0d_1920.jpg) Money will go to the construction of vertical farms. An Israeli-Dutch venture, Future Crops has announced a new investment round led by Chinese holding Tencent. The raised funds are planned to be used for the construction of vertical farms. Previously, Future Crops raised investments of $30 million from a private fund with ties to the US steel industry. “We are happy that Tencent is participating in our next investment round. Tencent is promoting the introduction of technologies that help produce environmentally safe products and reduce the negative impact of climate change,” said Gary Grinspan, CEO and shareholder of Future Crops. Last year, Future Crops launched a nine-storied and 8 thousand sq. m. vertical farm in the Netherlands, operating in a completely autonomous mode. It has solar panels that produce most of the energy needed. Future Crops was founded in 2016 by the Israeli Agricultural Research Organization and the Dutch A&F Ventures. Tags: [vertical farming](https://www.fertilizerdaily.com/tag/vertical-farming/) --- **About Fertilizer Daily:** Fertilizer Daily is the leading industrial media and discussion platform focused on covering efficient farming and plant cultivation practices on both domestic and international scales. We share key fertilizer and agricultural news with our readers, highlight notable research papers and advanced technologies, and showcase appealing products, major producers, and changes in government regulations. Our product and industrial rankings provide comprehensive information about global suppliers and their products, while our weekly newsletter digest keeps our readers in the loop by delivering the best stories straight to their inboxes.