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Temasek, Bayer form joint vertical farming venture in California

Jovi Ho
Jovi Ho8/12/2020 04:00 PM GMT+08  • 3 min read
Temasek, Bayer form joint vertical farming venture in California
Temasek Holdings is partnering German multinational pharmaceutical and life sciences company Bayer AG to create a new vertical farming venture headquartered in California.
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Temasek Holdings is partnering German multinational pharmaceutical and life sciences company Bayer AG to create a new vertical farming venture headquartered in California, as part of Singapore’s plans to boost the city-state’s supply of sustainable, locally grown produce.

Unfold, the venture between Temasek and Leaps by Bayer, the impact investment arm of Bayer AG, will be a US entity with commercial and research and development operations in both California and Singapore.

Unfold will focus on innovation in vegetable varieties with the goal of lifting the vertical farming space to the next level of quality, efficiency and sustainability.

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