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FruitSpec Yield Estimation Solution

FruitSpec closes $4M investment for yield estimation solution

FruitSpec’s patented hyperspectral and computer vision algorithms enable the company to count the number of fruit and estimate fruit sizes for accurate early season fruit yield estimation.
September 30, 2019
FruitSpec, an Israel-based portfolio company of The Trendlines Group Ltd., completed a $4 million investment round for its yield estimation solution.
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Fifth Season builds 60,000-square-foot vertical farm

The company's 60,000-square-foot farm is said to set a new vertical agriculture standard for efficient, safe and sustainable production of pesticide-free leafy greens and herbs in urban communities.
September 30, 2019
Fifth Season, Pittsburgh, Pa., announced plans for its first highly efficient, commercial-scale indoor vertical farm in Braddock, Pa., which will open in early 2020.
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McCain Foods invests in Farms of the Future initiative

This program will collaborate with universities, technology companies and other agri-centric companies on dedicated commercial farms that will pilot regenerative potato farming practices and emerging agriculture technologies.
September 30, 2019
McCain Foods, Canada, announced the new Farms of the Future initiative to advance sustainable farming practices by demonstrating scalability and economic viability.
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METRO constructs $400M modernized distribution center

The new, 700,000-square-foot semi-automated fresh distribution center will enable the company to continue growth and expansion in the Ontario market.
September 30, 2019
METRO, Canada, marked the start of construction to modernize its Ontario, Canada, distribution network.
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Inspire Brands to acquire Jimmy John’s

Inspire Brands owns Arby's, Buffalo Wild Wings, Rusty Taco and Sonic Drive-In.
September 27, 2019
Inspire Brands, Atlanta, announced plans to acquire Jimmy John’s Sandwiches, Champaign, Ill.
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Idelic raises $8M Series A to develop solution for driver engagement, retention

Idelic's Safety Suite is said to be the most comprehensive safety and risk management platform in transportation.
September 20, 2019
Idelic, Pittsburgh, Pa., closed on an $8 million Series A financing round led by Origin Ventures, Chicago, with participation from TDF Ventures, Chevy Chase, Md.; Birchmere Ventures, Pittsburgh, Pa.; Bain Capital Ventures, Palo Alto, Calif.; and SaaS Venture Capital, Bethesda, Md.
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