Freya Cultivation Systems, a Lithuanian AgTech startup, has raised €500,000 in seed funding to advance its innovative greenhouse cultivation technology. The funding round was led by Coinvest Capital and included investments from BSV Ventures, Sofigama, Zunami Oy, and business angels Paulius Vilemas and Marko Lehtovaara. The funds will be used to construct a demonstration greenhouse near Kaunas, Lithuania, where Freya will showcase its flagship product, the Aeroframe system.
This technology utilizes three-dimensional growing surfaces to maximize cultivation space, potentially doubling crop yield without increasing the greenhouse footprint. Founded in 2018 by Dr. Gediminas Kudirka, an agronomist, Freya Cultivation Systems aims to enhance greenhouse farming efficiency through pioneering technology.
The Aeroframe system promises yield improvements of up to double for crops such as strawberries, lettuce, herbs, and tomatoes, while boosting grower profits by up to threefold. CEO Lukas Bartusevicius stated that the funds raised will be used to launch new pilot projects to validate the Aeroframe system, enabling the company to expand its target market and increase sales up to €3 million. Freya has already completed several successful pilot projects using its patented titanium ultrasonic irrigators, which convert nutrient solutions into fine mist for optimal plant growth.
Funding secures Aeroframe system expansion
The company’s technology is currently being employed in a World Bank-funded project in Djibouti, East Africa, and by a biotech company in South Africa. Freya’s solutions are also being tested by a leading space agency.
“Growing plants in fog is one of the most effective and efficient methods of cultivation,” said founder Dr. Gediminas Kudirka. “While this has been known for a long time, widespread adoption has been hindered by the limitations of existing technology.
I am thrilled to unlock the biological potential of plants in a fog environment using our patented cultivation technology.”
The demonstration greenhouse near Kaunas will play a key role in validating the Aeroframe system while attracting interest from smart farm operators across Central and Western Europe, North America, and Japan. Freya also plans to enhance the system with advanced automation features, including seeding and harvesting technologies. Viktorija Trimbel, Director of Coinvest Capital, expressed confidence in the investment, noting that Freya’s integrated approach to deep technology, hardware, and agricultural production positions it for remarkable growth in both regional and global markets.
Freya Cultivation Systems is poised to revolutionize greenhouse farming with its cutting-edge technology, promising a greener future for agriculture.
