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The first indoor grow light control solution to optimise photosynthetic processes in plants by dramatically cutting energy costs

Project description

Farming lights that adjust based on plant needs

Crops can grow vertically, stacked in layers of vertically inclined surfaces. Vertical agriculture can increase production of fruit and vegetables and agricultural operations. In this context, the EU-funded FarMind project will make indoor vertical farms profitable by reducing the lighting energy bills by up to 75 %. Specifically, it is developing smart lights that can adjust the light emitted to match the exact needs of the plant underneath it. This new LED Grow Light System is based on AI and responds to the real photosynthetic needs of a plant. This new model is expected to make indoor vertical farming profitable and make it an urban solution for sustainably produced crops.

Objective

At Laava Tech, we are determined to make vertical farming a profitable and sustainable business to feed the increasing population in growing urban areas. It is crucial for vertical farmers to save energy and cut down on lighting costs, since the vast majority of their revenues are used to pay the electricity bill. As a result, only very few vertical farms are profitable today. Our solution, FarMind is an entirely new LED Grow Light System based on AI, capable of adjusting the light emitted by each LED light of a farm to match the exact needs of the plant lit underneath. FarMind reduces the lighting energy bill of vertical farms by up to 75% (vs LED grow lights), whilst increasing crop yields by up to 20%. Unlike other LED grow light technologies, which focus on light efficiency and crop optimisation, FarMind focuses on the real photosynthetic need of the plant. FarMind will revolutionise the vertical farming industry by vastly increasing its profitability. We will provide a drop-in solution, compatible with the existing infrastructure for our customers, indoor farmers. Our main revenue model will be based on providing FarMind as a service to leading farms. Our model will not only allow farmers continued access to the best technology, but also give them an immediate return on investment. Thanks to FarMind, vertical farming will be able to overcome its final growing pain to transition from niche solution to leading urban supplier of sustainably produced fruit and vegetables.

Fields of science (EuroSciVoc)

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Keywords

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Programme(s)

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Topic(s)

Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.

Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

SME-2 - SME instrument phase 2

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) H2020-EIC-SMEInst-2018-2020

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Coordinator

LAAVA TECH OU
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 2 397 109,75
Address
KANARBIKU TEE 11/8
74018 Kelvingi kula
Estonia

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Region
Eesti Eesti Põhja-Eesti
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

€ 3 424 442,50
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