Jersey City-based Luxury Berry Grower Oishii Secures $134M in Series B Funding
February 29, 2024 | 1 min to read
After securing $134 million in Series B funding, Oishii, a sustainable berry grower in Jersey City, is set to launch a solar-powered facility, broaden its distribution, and enhance its investment in advanced robotics. The fundraising, led by Nippon Telegraph and Telephone and accompanied by investors from food tech and sustainable agriculture, included contributions from Yaskawa Electric Corp., which previously partnered with Oishii to create farming automation systems.
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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