Jersey City-based Luxury Berry Grower Oishii Secures $134M in Series B Funding

After raising $134 million in Series B funding, Jersey City-based sustainable berry grower Oishii plans to open a solar-powered facility, expand distribution to new markets and invest in advanced robotics.

Led by Japanese telecommunications firm Nippon Telegraph and Telephone (NTT), the round also attracted a diverse group of investors with expertise in food tech, sustainable agriculture and automation, the vertical farming startup said in a Feb. 28 press release.

Additional funding came from Yaskawa Electric Corp., an industrial robotics company. Last year, Yaskawa teamed up with Oishii to develop automation systems for farming tasks.

To read the rest of the story, please go to: NJBiz