Leaps by Bayer completed the joint investment in Unfold.

Leaps by Bayer, a venture capital company, an impact investment arm of Bayer and Temasek, completed the joint investment in Unfold, a company that operates in vertical farming industry. Financial terms were not disclosed. “What sets Unfold apart is its unparalleled investment in germplasm and crop growth models best suited for vertical farming environments, an area currently largely underserved, As a company fully focused on the vertical farming industry, Unfold will combine leading seed genetics with the best agtech experts in order to dramatically advance productivity, flavor and other consumer preferences. We look forward to serving the market through partnerships with vertical farming operators, technology providers and others across the produce supply chain," John Purcell, Unfold CEO.