Conservation | December 13, 2017

Springworks raises $1.6 million for aquaponics greenhouse

ImpactAlpha
The team at

ImpactAlpha

The Maine-based startup runs a 6,000-square-foot greenhouse where it grows greens and tilapia.

The undisclosed investors are supporting a new 8,000-square-foot facility that will grow crops with 90% to 95% less water than conventional agriculture, Springworks says.

Investors are backing ventures in both indoor agriculture and sustainable fisheries as ways to secure the global food supply. One of the biggest vertical farming raises this year went to Plenty.

ImpactAlphahas been all over deals in sustainable aquaculture by funds and initiatives like Aqua-Spark, Fish 2.0, and the Meloy Fund.