Perth-based Eden Towers is a food company looking to “shake up the fresh produce industry” with its cutting-edge vertical farming technology.
Roseanne Healy, Managing Director of equity crowdfunding platform Swarmer believes that Eden Towers mission to support cleaner, healthier and more accessible fresh produce at better price points is the “future of food”.
“Swarmer is really pleased to support Eden Towers with their equity crowdfunding campaign to raise up to $1.5 million and encourage everyday investors to take a stake in this innovative future food company,” she said.
With the demand for organic greens outstripping supply (and the global vertical farming market expected to reach US$36B by 2032) the equity crowdfunding round is a chance for first movers to “get in early”, say the founders.
Co-founders Julia and Christian Prokscha are already into downstream processing after just two years. With more than $6M in future commercial sales booked, farm sites in Perth and Adelaide, and a new $3M acquisition of specialised infrastructure secured this month, the company is preparing to scale.
“We know the groundswell of support that is building each day with Australians looking at alternatives to support more sustainable choices. Swarmer is providing us with the platform to provide an opportunity for people to invest in the future of sustainable food.”
There is no barrier to investing, making it open to all levels of investor, with investment as a shareholder starting from as little as $250. The funding will be used to expand across the east coast of Australia, support commercial farm build and maintain strong R&D capacity in food production innovation to release a new ready-to-eat/cook product line, say the company.
Eden Towers believes it has a solution for sustainable, “fresh produce for the future”. Expressions of interest are now open and you can view the progress of the campaign here*.
* Always consider the general CSF risk warning and offer documents before investing.