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Langley’s CubicFarms reported its first quarter financial and operating results today and they’re impressive. “This is our strongest quarter to date, with more than $3.9 million in revenue in the first quarter of the year, along with signing new customer orders for 42 modules of our indoor growing technologies,” said Tim Fernback, CFO, CubicFarms. “Our total sales and deposits […]
CubicFarms
CubicFarms Raises $22 Million To Expand R&D In 2021
Langley’s CubicFarms has raised $22 million in a bought deal with the proceeds earmarked to further expand the company’s research and development. CubicFarms has developed fully automated technology that empowers farmers to provide independent local food access, maximize crop yields, and reduce environmental costs. CubicFarms was recently honored by Fast Company magazine with a 2021 Fast Company World Changing […]
CubicFarms Appoints Technology Industry Veteran Janet Wood to Board
Langley’s CubicFarms has added BC tech veteran Janet Wood to its Board of Directors. Globally renowned for her long-standing tech leadership with heavy-hitters such as IBM, Crystal Decisions, Business Objects and SAP, Wood retired in 2020 following a 14-month stint as Interim President and CEO of Science World. Called a “trailblazer in the tech industry” […]
CubicFarms, Damon Motorcycles, & PrecisionOS Receive Fast Company World Changing Ideas Awards
Three Vancouver companies have been recognized by Fast Company magazine with a 2021 Fast Company World Changing Idea Award. CubicFarms, Damon Motors, and PrecisionOS were all recognized with Honorable Mentions. The Fast Company World Changing Ideas Awards honor the businesses, policies, projects, and concepts that are actively engaged and deeply committed to pursuing innovation when it comes […]
CubicFarms Expands Internationally Into Australia
CubicFarms is expanding into Australia with the sale of 18 modules of their onsite indoor growing technology to BoomA Food Group in New South Wales. Food production in Australia has been significantly impacted year over year by devastating wildfires and major flooding. Farming currently covers 385 million hectares, or 58 per cent of Australia, and […]
Connecting The Dots: April 2021
Each month, Kathleen Reid (Founder + Managing Director at Switchboard Public Relations) connects the dots between the trends, headlines and narratives that are informing the BC tech sector. This month, she’s shedding light on the new BC and federal budgets, an exciting expansion Down Under, and a good month for our planet. Federal budget goes […]
CubicFarms Wins Dairy Farmers Innovation Award
Vancouver’s CubicFarms has been awarded a Nexus Innovation Award for HydroGreen’s Vertical Pastures™ Grow System, an automated, on farm fresh livestock feed technology created by the company’s subsidiary, HydroGreen. Awarded at the Professional Dairy Producers annual conference, CubicFarms was among five new dairy innovations that presented on the Nexus Innovation stage. HydroGreen’s unique automated technology […]
Technology Capital Markets Veteran Joins CubicFarms
Technology Capital Markets veteran Tom Liston has joined Vancouver’s CubicFarm Systems as Vice President (VP) of Corporate Development. CubicFarms has developed fully automated technology that empowers farmers to provide independent local food access, maximize crop yields, and reduce environmental costs. Liston is a technology investor, advisor, and a Chartered Financial Analyst with over 20 years […]
Former Microsoft Vancouver GM Joins CubicFarms As CTO
Last week Edoardo De Martin announced that he was leaving his General Manager role at Microsoft’s Vancouver HQ. While the work isn’t finished, it never would be. There’s no perfect time to make a change. I have enjoyed every day and am proud of what our teams accomplished together. We built a solid foundation in […]
Terramera Calls On CubicFarms For Control Rooms
Two Vancouver-based agtech leaders are now working together with Terramera recently purchasing three control room systems from CubicFarms. Terramera is on a mission to reduce global synthetic pesticide use 80 percent by 2030 with its revolutionary Actigate™ technology platform. CubicFarms is a provider of automated controlled-environment growing systems that produce commercial-scale quantities of fresh produce […]