Kalera completed the acquisition of Vindara.

Kalera, a vertical farming company, completed the acquisition of Vindara, a seed development company that breeds customized non‑GMO plant varieties for use in indoor farming. Financial terms were not disclosed. “Kalera has always focused on being the most technologically advanced player in the vertical farming industry. With the addition of Vindara’s data-driven methodology, we will be the first vertical farming company with the ability to develop its own plant varieties bred specifically for indoor farming conditions. Our acquisition of Vindara complements our overall science-driven and innovation-leading value proposition. This investment represents an important strategic opportunity to increase revenue options to Kalera while reducing its cost of materials and reducing our cycle times given Vindara’s competitive advantages,” Daniel Malechuk, Kalera CEO.