JICN Announces $10 Million Follow-on Investment in Oishii Farm for Vertical Farm Expansion
📋 Article Processing Timeline
- 📰 Published: May 13, 2026 at 16:10
- 🔍 Collected: May 13, 2026 at 07:31
- 🤖 AI Analyzed: May 16, 2026 at 00:27 (64h 55m after Collected)
The Japan Green Investment Corp. for Carbon Neutrality (JICN) has committed an additional $10 million in funding to Oishii Farm Corporation. The investment is designated for equipment expansion, R&D, and operational costs at Oishii Farm's mega-farm in New Jersey, USA. Oishii Farm leverages Japanese agricultural and robotic technologies to mass-produce premium strawberries in a controlled environment. This marks JICN's first follow-on investment using a SAFE conversion. The project aims to reduce greenhouse gas emissions by localizing production near consumer markets and utilizing 100% renewable energy.