Sonja Vlaar
CONTRIBUTION IN ORIGINAL LANGUAGE
LettUs are growingThe company, founded by a group of Bristol University graduates, received £ 2,35 million in start-up funding for the growth and development of its agricultural business as part of an investment round led by Longwall Venture Partners LLP.
LettUs Grow works with a sustainable vertical and indoor farming system with efficiency-enhancing technology that reduces water and fertilizer consumption in agriculture. The system uses new technology to bathe plant roots in a nutrient-rich mist. Due to water recovery and reuse, the LettUs grow system uses 95% less water than traditional agriculture, does not require pesticides and can be placed anywhere in the world: from cities to deserts.
Charlie Guy, Managing Director of LettUs Grow, said: “We see increasing demand worldwide for new technologies that help farmers grow crops that counteract the effects of climate change and the ever-increasing extreme weather events. This investment provides us with a platform to achieve real acceleration in 2020 and to increase the delivery of our breakthrough technology to farmers across the country. "
In August 2019, Charlie Guy was awarded £ 30.000 National Entrepreneur of the Year at the Shell Enterprise Development Awards.
Picture: Pixabay
