A soilless, controllable and reportable smart farming startup ForFarming received its seed investment with a valuation of TL 1.4 million from Tarvenn
- Wednesday January 2nd, 2019
- Posted by: Tarvenn
- Category: Announcements, Entrepreneurship, Investment
A soilless, controllable and reportable smart farming startup ForFarming received its seed investment with a valuation of TL 1.4 million from Tarvenn
ForFarming is one of the startups within the scope of Commercialization of Information Center (BTM), which offers smart farming solutions where individuals and companies engaging in food sector can use to produce their own products. Forfarming is also supported by ISBAK IT and Smart City Technologies Inc., which is an association of the Istanbul Metropolitan Municipality. Forfarming aims to transform non-arable idle areas into fertile areas where additive-free plants can grow, the startup automatically determines the amount of water and food for each plant type by means of its software and sensors and provides a different spectrum of lights. This allows you to produce additive-free healthy products more efficiently in an environment that can be controlled by smart phones or computers.
More products with less water
The algorithm used by ForFarming allows you to automatically define the amount of water and food for each plant type, to use sensors to measure all data related to plants and to transfer all relevant data to ForFarming servers. It instantly saves and reports all data that is received from the sensors regarding the environment, enabling you to follow up all the data. Users can also monitor and follow up their systems 24/7 with smart phones, PC and MAC computers. Thanks to the smart socket technology, the need for soil is eradicated. As each plant type requires a different light color and light intensity, ForFarming provides a light from all spectrums. Regardless of seasonal and climatic conditions, the startup uses 95% less water and produces 70% more crops compared to the traditional agriculture. Saving up time with a faster harvest cycle, ForFarming makes it possible with urban farming to decrease logistic costs, while reducing environmental damage.
“We offer an easier way to get fresh and healthy additive-free products’’
Levent Atlas, Founder of ForFarming said: “Having a constantly increasing population in our country and the world and shrinking agricultural lands make it more difficult to find fresh and healthy products every day. By combining agriculture and technology together, we allow individuals and companies operating in the food sector to produce more fresh and healthier vegetables and fruits that are additive-free in a more efficient way. Thanks to the investment and strategic support we have received from Tarvenn, we have become more powerful by increasing our customer potential, and we have taken important steps to become a powerful corporate.”
‘’Commercial’’ for Companies and ‘’Farmi’’ for Children.
According to Forfarming Founder Levent Atlas; hotels, restaurants and the companies from the food sector are potential customers and he also stated that “Forfarming took the road to transforming non-arable idle areas into fertile areas where additive-free plants can grow. With the power of our technology, we became able to meet the local and international demands in a short time.”
Mentioning that they have developed special projects for various institutions and organizations with ForFarming ‘’Commercial” solution, Atlas stated that the logistic costs of institutions, which can now grow fresh crops anywhere and anytime during the entire year, have decreased and they can grow necessary crops in a more effective manner.
Regarding “Farmi”, the startup’s education-based solution applied in schools, Levent Atlas said: “With Farmi education kits that we give at schools, we teach our children about agriculture and technology at an early age. We intend to teach them the technological infrastructure and agriculture to raise a sense of responsibility.”
“Soilless farming is gaining essential traction.”
‘Tarvenn Ventures and Advisors’ CEO Mustafa Kopuk, stressed that they would make a great contribution to the agriculture in Turkey. “Increasing population and shrinking agricultural lands make it costlier and more difficult to find additive-free products. Therefore, the importance given to soilless farming is growing in the world. ForFarming brings together agriculture and technology to enable you to grow and consume fresh crops in any season and in any place. We aim to achieve success both at the national and international level within a short time.” Mustafa Kopuk said.
For detailed information about the startup, you can visit the web page: www.ForFarming.co
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We help both startups and investors to raise funds or invest wisely
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We help you to access new international markets and succeed
We help both startups and investors to raise funds or invest wisely
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We help you to understand the value of your business or a target
We help you to transform your business to the better
We provide professional M&A services for both seller and buyer
We help both startups and investors to raise funds or invest wisely
We ensure the sustainable growth by being your board member
We help you to understand the value of your business or a target
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