Nordic Harvest secured DKK 62 million from Vækstfonden

Nordic Harvest, a Copenhagen, Denmark-based producer of vertical farming products, announced the completion of a DKK 62M ($9M) capital investment round.

The money was provided by VF Venture and the Danish Green Investment Fund and will be used for the expansion of a production facility in Taastrup (Copenhagen), that would allow increase production from 200 tons to 1,000 tons a year.

Nordic Harvest, founded in 2016 and led by CEO Anders Riemann, is a Vertical Farm producer, as it grows crops indoors, where the grow area is utilised optimally by placing the plants in floors. The products include lettuce, cabbage and herbs, and the future timeplan includes strawberries and blueberries as well as cucumbers, potatoes and alternative protein sources.