Aliaxis, a plastic piping solutions provider, agreed to invest in Freight Farms, a Boston-based agriculture technology company. Financial terms were not disclosed. “Currently, 70% of fresh water is used for food production. By investing in Freight Farms, we are delivering on our Growth with Purpose strategy to help produce affordable, fresh and locally produced food with much less water. Freight Farms is at the forefront of innovation of vertical farming. This market is growing at more than 25% of compound annual growth rate and is expected to be superior to $10bn market by 2026,” Eric Olsen, Aliaxis CEO.