Unfold, a joint investment and formation of a new company by Leaps by Bayer, the impact investment arm of Bayer AG and Temasek, the global investment company headquartered in Singapore.
Unfold will focus on innovation in vegetable varieties with the goal of lifting the vertical farming space to the next level of quality, efficiency and sustainability.
Unfold was formed in 2020 and is headquartered in Sacramento, California.
Unfold is the only company with unparalleled assets to unlock the genetic potential of vertical farming. By utilizing the seed genetics (germplasm) from vegetable crops, Unfold will focus on developing new seed varieties coupled with agronomic advice tailored for the unique indoor environment of vertical farms.
Unfold hase raised $30M in the initial funding round on Aug 12, 2020. Leaps by Bayer, the impact investment arm of Bayer AG and Temasek made the funding round.