Hydroponics is an innovative agricultural technique that is catching on worldwide, with the market, as reported by PitchBook, worth $4 billion in 2021 with 25 percent year-on-year growth.
The value of the market in Europe, again in 2021, was estimated to be worth about $202 million, and demand is expected to grow, driven by increased environmental awareness, the desire to produce organic produce, and technological innovations that improve productivity.
It is also proving to be a dynamic sector in Italy, with a growing demand for natural and sustainable agricultural products.
One of the emerging realities in Italy is Aqua Farm S.r.l. Società Benefit, is an innovative startup that wants to revolutionize the agribusiness sector through hydroponics.
Read more about Aqua Farm and find the latest business news of the day with the Born2Invest mobile app.
The equity crowdfunding round on Ecomill
Aqua Farm has just launched a crowdfunding round on Ecomill, Italy’s leading equity crowdfunding platform dedicated to energy transition and sustainability (here is our fact sheet on Crowd Monitor).
The round aims to raise at least 100,000 euros with a maximum target of 300,000, for a pre-money valuation of 1.4 million and a minimum investment of 1,000 euros.
The project leader is Aqua Farm S.r.l. Benefit Company, which is mainly dedicated to R&D.
The agricultural part, on the other hand, is managed by agricultural companies that are still controlled by Aqua Farm or at a minimum participated in, which are targeted by various government measures dedicated exclusively to supporting the agricultural sector.
A replicable model combining hydroponics and fish farming
The company focuses on the compact and highly productive above-ground growing technique that combines hydroponics and fish farming.
The symbiosis between the two systems gives rise to an even more efficient and sustainable model: in fact, aquaponics is based on the recycling of water and nutrients.
The circularity of the production processes has been further optimized by Aqua Farm’s patent-protected innovations, which have made it possible to achieve total independence from chemical supplements for plant growth, increase stocking density, and reduce plant operating costs.
Environmental and social impact
In addition to less exploitation of soil and natural resources, plant design was designed to reduce environmental impact through the use of renewable energy sources, energy efficiency, and reuse of all waste, providing a 1000% increase in production compared to open-field farming.
Thanks to Aqua Farm’s aquaponics, water consumption is less than 10 liters per kg of vegetables produced. Regarding fish production, on the other hand, Aqua Farm’s aquaculture yields fish with a water footprint of 400 liters per kg, compared to 2,314 liters in traditional fishing.
On agriculture,” says Chiara Candelise, CEO and founder of Ecomill, “depend on health, environmental protection and the need to create new jobs: it must ensure not only the food supply but also the preservation of the territory, the protection of the ecosystem and the preservation of biodiversity. Through its activity and Business Model, Aqua Farm can be a very strong support in the pursuit of all these goals.
Additional rounds planned by Aqua Farm
After this first campaign, Aqua Farm intends to plan new rounds of fundraising aimed at creating production hubs based on its innovative system.
“Aquaponics,” explains Pasquale Castellaneta, CEO and Founder of Aqua Farm, “excels in terms of production potential and low environmental impact, combining entrepreneurial, commercial, environmental, and social aspects. This technique makes it possible to produce plants and fish at the same time: the nutrients needed for plant growth are derived from uneaten feed and fish droppings. Compared to conventional agriculture, this cultivation technique significantly reduces time, space, and water consumption and does not require pesticides.”
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This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these important disclosures.
First published in Crowdfunding buzz, a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.
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