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Portugal: Agtech company raises €55,000 to produce edible flowers and microgreens

Microgreens, an agtech that aims to grow crops indoors, has just raised 55,000 euros from 678 investors to continue its production of edible flowers and micro vegetables for gastronomic purposes with the help of solar energy. The company used the Goparity platform to obtain this funding through a crowdlending campaign to support the costs of installing a solar photovoltaic electricity production unit, specifically the installation of 60 modules with a total power of 32.7kWp, which will allow it to avoid emissions associated with its production.

Microgreens' products are produced in protected greenhouse environments where they find the right conditions to develop in a healthy way, from sowing, growing, and harvesting to packaging. Therefore, the solar plants will allow the company to avoid the emission of 7.5 tons of carbon dioxide into the atmosphere annually, which is equivalent to planting 341 trees.

Tomás Lancastre, founder and CEO of Microgreens, explains that at the moment, the company works with 600 restaurants in Iberia and that they want to "offer a product of excellence, adapted to a cosmopolitan lifestyle and that is sustainable, from production to packaging. As such, we found in Goparity an easy and fast way to provide us with the necessary funding to be able to take the next step in making our business more environmentally responsible.

Nuno Brito Jorge, founder, and CEO of Goparity, added that "it made perfect sense for us to support the development of products like those produced by Microgreens, which promote sustainable agriculture practices using renewable energy."

Source: Link to Leaders (in Portuguese) 

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