After raising $134 million in Series B funding, Jersey City-based sustainable berry grower Oishii plans to open a solar-powered facility, expand distribution to new markets and invest in advanced robotics.
Led by Japanese telecommunications firm Nippon Telegraph and Telephone (NTT), the round also attracted a diverse group of investors with expertise in food tech, sustainable agriculture and automation, the vertical farming startup said in a Feb. 28 press release.
Additional funding came from Yaskawa Electric Corp., an industrial robotics company. Last year, Yaskawa teamed up with Oishii to develop automation systems for farming tasks.
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