中国香港企业展出的全自动移栽和播种机械臂，受到中东客商的欢迎。人民网记者 张志文摄 在展览现场，多家中国企业展示的新产品和新技术受到中东客商欢迎。一家位于深圳的照明企业研 发的LED灯光系统，能够通过调整光谱组合和光照强度，优化农作物的产量和质量；另一家位于中国香 港的企业带来的全自动移栽和播种机械臂，能够有效提高垂直农场耕作效率，将智慧农业里面引入其 中。"中国在垂直农业领域技术优势明显，我们希望与中国企业开展更多合作。"阿联酋无土栽培农场经 理阿姆贾德·奥马尔对记者说。 人民网迪拜9月12日电（记者张志文）9月10日至11日，第6届全球垂直农业展在阿联酋迪拜举行。 本次展会以"转型粮食体系"为主题，汇聚全球特别是中东地区垂直农业相关领域的供应商和投资者，共 同研讨产业可持续发展，并交流最新技术成果。 垂直农业是一种利用受控环境和无土栽培技术等，在垂直堆叠的层中种植作物的室内农业方法，被 视为解决粮食安全问题的一条途径。在备受高温炎热和水资源短缺困扰的中东地区，近年来垂直农业得 到发展迅速。从大规模的垂直农场，到街心公园里的种植集装箱，再到写字楼内的垂直菜园，通过应用 前沿技术，垂直农业不仅丰富了中东民众的 ...

Core Insights - Pinnacle Food Group Limited successfully went public on NASDAQ on April 24, 2025, marking a significant event for the vertical agriculture industry and indicating a potential recovery in the sector [1][3] - The company offers an innovative "Farming as a Service" (FaaS) solution, integrating advanced technologies to transform traditional agriculture into a modern, technology-driven industry [1][3] - The rise of small, distributed community farm models and technology-enabled enterprises like Pinnacle Food is reshaping the vertical agriculture landscape, leading to a more optimistic outlook from the capital markets [3][4] Company Overview - Pinnacle Food specializes in smart hydroponic systems, providing modular vertical farming equipment for home users and offering subscription-based technical support and consulting services for community and urban commercial clients [1][3] - The company's founder, Amy Zhao, emphasizes the exploration of sustainable vertical agriculture business models, showcasing a balance between technological innovation and commercial viability [3][4] Industry Trends - The vertical agriculture sector is experiencing a shift towards community-focused farming, which shortens the supply chain from production to consumption, alongside a trend of technology-driven solutions that enhance operational efficiency [3] - As urbanization accelerates and consumer awareness of food safety increases, vertical agriculture is poised for new growth opportunities, with Pinnacle Food's solutions potentially serving as a vital link between urban consumers and modern agriculture [4]

Group 1 - The Hang Seng Index closed down 0.57% at 23,157.97 points on June 2 [1] - Energy and Energy Global (01142.HK) shares rose by 37.04% to HKD 1.48, with a trading volume of 5.5465 million shares and a turnover of HKD 7.4559 million, showing a volatility of 42.59% [1] - Over the past month, Energy and Energy Global has seen a cumulative increase of 18.68%, and a year-to-date increase of 71.43%, outperforming the Hang Seng Index's increase of 16.1% [1] Group 2 - For the fiscal year ending September 30, 2024, Energy and Energy Global reported total revenue of HKD 217 million, a year-on-year decrease of 31.92% [1] - The company recorded a net profit attributable to shareholders of -HKD 84.6537 million, a year-on-year decrease of 328.36% [1] - The gross profit margin stood at 1.46%, with a debt-to-asset ratio of 193.08% [1] Group 3 - Currently, there are no institutional investment ratings for Energy and Energy Global [1] - The average price-to-earnings (P/E) ratio for the general metals and minerals industry (TTM) is -2.96, with a median of -0.1 [1] - Energy and Energy Global has a P/E ratio of -5.58, ranking 46th in the industry, while other companies in the green economy sector have P/E ratios ranging from 1.8 to 2.97 [1] Group 4 - Energy and Energy Global's main business activities include coal mining and trading in Russia, digital television broadcasting in China, and vertical agriculture in China [2]

Group 1 - The agricultural revolution driven by Industry 4.0 is transforming urban environments, with innovations like "plant skyscrapers" and robotic farming becoming a reality [1] - Brazilian agricultural giant SLC has achieved a threefold increase in yield using "digital greenhouses" that monitor crops with IoT sensors and utilize AI for precise nutrient delivery [3] - The integration of blockchain technology allows consumers to trace the journey of produce from seed to table, enhancing transparency in the food supply chain [3] Group 2 - Young farmers are utilizing advanced technologies such as VR for virtual farm inspections and drones for crop management, indicating a shift in perception of agriculture among the younger generation [6] - Innovations like "plant CT diagnostic devices" and "cloud farming systems" are significantly improving farming efficiency and precision [6] - The initial investment for smart greenhouses is high, with costs reaching 20,000 yuan per square meter, necessitating high selling prices to achieve profitability [8] Group 3 - The global vertical farming market is projected to exceed $20 billion by 2025, driven by challenges such as climate change and decreasing arable land [10] - Technological advancements are enabling rural farmers to significantly increase their income, as seen in the case of digital greenhouses supported by platforms like Pinduoduo [10] - The agricultural revolution is redefining the relationship between humans and land, moving beyond mere food production to a broader cultural transformation [12]

Core Viewpoint - The article discusses the journey of Frank Qin, the founder and CEO of Shanghai Moquan Biotechnology Co., who is pioneering vertical agriculture, a field that combines technology and agriculture to address future food security challenges. The narrative emphasizes the importance of persistence and adaptability in entrepreneurship, particularly in a sector facing significant initial investment and market education challenges [1][20]. Company Overview - Shanghai Moquan Biotechnology Co. focuses on vertical agriculture, utilizing AI algorithms and controlled environments to produce high-quality, pesticide-free crops year-round, independent of traditional agricultural constraints [3][10]. - The company aims to leverage China's robust supply chain and market potential to scale its operations, having relocated from Canada to Shanghai to tap into local resources and support [10][18]. Industry Context - Vertical agriculture is positioned as a solution to food supply challenges exacerbated by climate change, with the potential to produce crops in urban settings, significantly reducing supply chain inefficiencies [8][19]. - The industry faces hurdles such as high initial costs, energy consumption, and the need for market education to gain acceptance among potential customers [16][17]. Technological Innovation - Moquan's competitive edge lies in its integration of AI and self-developed hardware, which allows for precise control of plant growth conditions, resulting in lower operational costs and higher efficiency compared to traditional methods [12][14]. - The company has achieved significant cost reductions, bringing the price of leafy greens down to 3-5 yuan per kilogram, which is one-third of the industry average, making the technology more viable for large-scale application [14]. Entrepreneurial Philosophy - Frank Qin embodies a pragmatic idealism, focusing on long-term sustainability rather than quick profits, and emphasizes the importance of balancing innovation with practical implementation in the agricultural sector [15][19]. - The company adopts a flexible business model, offering services like on-demand planting and direct product supply to lower barriers for customer engagement [16]. Future Outlook - Moquan is exploring opportunities for international expansion, aiming to provide localized production solutions in markets with high demand for quality produce, such as Europe and Southeast Asia [18][19]. - The company is committed to social responsibility, planning to donate vertical farming solutions to remote areas to improve local food security [18].

Core Viewpoint - The article discusses the bankruptcy of the agricultural unicorn Plenty, which was once valued at $1.9 billion (approximately 130 billion RMB) and backed by major investors like SoftBank's Vision Fund and Jeff Bezos. The company aimed to revolutionize agriculture with its vertical farming technology but ultimately failed to achieve profitability and growth, leading to its downfall [1][3][6]. Group 1: Background of Plenty - Plenty was founded in 2014 by Matt Barnard and Nate Storey, combining water technology with agriculture to create vertical farms that could produce crops indoors without pesticides or soil [3][4]. - The company claimed to achieve 350 times the yield of traditional agriculture while using only 1% of the water, aiming to provide fresh produce to urban areas year-round [3][4]. Group 2: Investment Journey - In 2017, Plenty raised $200 million in Series B funding led by SoftBank's Vision Fund, marking the largest investment in agricultural technology at that time [5][6]. - The company continued to secure significant funding, raising nearly $1 billion across multiple rounds, with SoftBank leading the investments [6][7]. Group 3: Reasons for Bankruptcy - Despite initial success, Plenty faced challenges post-Series E funding, including slow progress in retail partnerships and a significant gap between consumer willingness to pay and production costs [9][10]. - The company had never turned a profit and reported liabilities between $100 million and $500 million at the time of bankruptcy [9][10]. - The CEO attributed the bankruptcy to a deteriorating financing environment and failed attempts to secure additional funding or sell the company [9][10]. Group 4: Industry Context - The article highlights a broader trend in the agricultural technology sector, where many unicorns are facing bankruptcy due to unsustainable business models reliant on continuous capital infusion [11][14]. - The investment landscape has shifted, with investors becoming more cautious and prioritizing profitability over growth, leading to a significant increase in companies struggling to secure their next funding round [14].

倒在"填鸭式"融资里的独角兽 当软银愿景基金、贝索斯家族办公室和沃尔玛共同加持的独角兽轰然倒下，垂直农业的泡沫终于被刺破。 3月23日，Plenty，这家曾以"每平米年产900公斤番茄"的豪言，颠覆农业认知的硅谷宠儿，宣布进入第11章破产保 护。在烧光了10亿美元后，留下了空置的厂房和估值暴跌99%的残局。（Plenty 最高估值曾达到 19 亿美元，约合人民 币 130 亿元。） Plenty成立于2014年，高光时刻，曾拿下年度融资最高的4亿美元融资。 Plenty的成长经历，充满了硅谷式的创新特点——技术背景的创始人、明星资本、一项颠覆性技术、一个改变世界的 点子。 资本神话最终依然需要直面财务报表。Plenty曾引以为傲的成本曲线，成为了压倒这只独角兽的最后一根稻草。 Plenty的兴衰也验证了导致初创公司失败的两个重要原因：一方面是基础设施尚不成熟——垂直农场的建设成本过 高，尤其是能耗成本和照明成本，是其无法绕过去的坎；另一方面是难以跑通的单位经济模型，导致只能通过不断烧 钱来实现快速增长。 诞生在风口之下的创业想法 Nate Storey与农业的交集起源于中国，彼时他在父亲的支持下参加了一个交流 ...

Core Insights - Pinnacle Food Group successfully completed its IPO on NASDAQ at an issuance price of $4 per share, marking a significant event for the vertical agriculture sector and reigniting confidence in its commercial viability [1] - The company’s innovative business model and impressive revenue growth demonstrate that there are still pathways for success in the vertical agriculture industry [1] Industry Challenges and Innovations - The vertical agriculture industry has faced significant challenges over the past decade, including high energy costs and inefficient scaling, leading many early entrants to struggle [2] - Pinnacle Food's breakthrough lies in its modular technology integration and innovative business model, offering customizable scalable planting systems and "Farming as a Service" (FaaS) [2] - This approach provides stable cash flow, controllable costs, and rapid technological iteration, highlighting the need for sustainable business models in the industry [2] Market Reassessment - After years of investment stagnation, the capital market's perception of vertical agriculture is shifting towards cautious optimism, with a focus on sustainable business innovation rather than mere scale [3] - Trends indicate a rise in small, distributed community farm models and technology-driven companies like Pinnacle Food that seek to align more closely with market demands [3] - Pinnacle Food's successful NASDAQ listing serves as a demonstration of the potential for revitalization in the industry when a balance between technological innovation and commercial viability is achieved [3] Future Outlook - The revival of the vertical agriculture sector opens new avenues for international agricultural cooperation, integrating modern agricultural technology with industrial production systems [4] - China's robust manufacturing capabilities are positioned to provide comprehensive support for vertical agriculture, from environmental control to smart management systems [4] - The global development of smart agriculture is expected to require deep participation from China, potentially leading to a new industrial division of labor in vertical agriculture [4]

Core Viewpoint - Plenty, a vertical farming company in the U.S., has filed for bankruptcy protection, reflecting broader challenges in the vertical agriculture sector where many previously favored startups are now struggling [1][5]. Company Overview - Founded in 2014 by Matt Barnard and Nate Storey, Plenty aimed to revolutionize food production by combining water technology with agriculture, claiming to achieve yields 350 times higher than traditional farming while using only 1% of the water [2][3]. - The company has never turned a profit since its inception, with total liabilities reported between $100 million and $500 million [3][4]. Financing History - Plenty raised approximately $260 million in its early years through seed and Series A funding, with significant investments from firms like Innovation Endeavors and DCM [3]. - The company completed a record $400 million Series E funding round in 2022, reaching a valuation of $1.9 billion, but struggled to establish a viable business model [3]. Industry Context - The vertical farming industry experienced a peak in high valuations and funding from 2019 to 2022, but many companies have since faced difficulties and failed to deliver on their promises [5]. - A table lists several companies in the vertical farming sector that have faced bankruptcy or operational halts, highlighting the industry's volatility [6]. Competitive Landscape - Despite the challenges faced by many, some companies like Oishii have successfully secured funding and expanded their operations by leveraging advanced technology and targeting niche markets [7]. Policy Environment - In 2023, the Chinese Ministry of Agriculture and Rural Affairs outlined plans to enhance modern facility agriculture, including the development of vertical farms, indicating potential growth opportunities in the sector [8][9].

为梦想买单。 作者 I 王露 吴琼 报道 I 投资界PEdaily 一声叹息。 近日，知名农业独角兽Pl e n t y向德克萨斯州法院申请破产保护。至此，这个曾要掀起全球 农业革命的创业公司走到绝境。 到了2 01 4年，Ma tt意识到可以将水技术和农业结合到一起，于是与农业专家Na t e St or e y 共同创立了垂直农业公司Pl e nt y。 这不是传统的农业。Pl e nt y的第一个农场建在硅谷的大楼里，而非户外。蔬菜在20英尺 高的塔楼里水培生长，并配备LED灯等气候控制设施。不使用杀虫剂、除草剂，也不需 要自然阳光和土壤。 Ma tt有着自己的雄心壮志，多次公开表达要解决数十亿人的吃饭问题，在全球大城市落 地开花，距离人们的餐桌"一踩油门就能到"。保证大多数人，无论贫富都能吃得起远离 农药、化肥和土壤污染的蔬果。 很 快 ， 风 投 机 构 来 了 。 成 立 前 两 年 ， Pl e n t y 完 成 了 种 子 轮 和 A 轮 融 资 ， I n nov a ti on End e a v o rs、DCM、DCVC、Fi nist e r e Ve nt ur e s等机构投资 ...