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Seedo Corp. (OTCQB: SEDO) announced the appointment of Dr. Yahav Bleicher as head of product extraction and development. Dr. Bleicher has extensive experience in natural products, functional foods, and nutraceuticals, holding degrees in biochemistry and agriculture. CEO David Freidenberg emphasized Dr. Bleicher's practical expertise and the expectation of meeting strategic goals. Seedo focuses on sustainable agricultural solutions to tackle environmental challenges.
Seedo Corp (OTCQB: SEDO) has applied for a $1.7 million grant from the Israeli Innovation Authority to develop a year-round saffron cultivation method using vertical farming technology. This innovative approach aims to tackle traditional saffron farming issues, including high costs and limited growing seasons. The initiative is expected to enhance market supply chains and boost revenues, with saffron demand anticipated to grow at a CAGR of 5.99%. CEO David Freidenberg highlighted this funding as a vital part of their IPO strategy for Saffron Tech.
Seedo Corp (OTCQB: SEDO) announced a research agreement with The Polytechnic University of Valencia, led by Professor Rosa V. Molina, to develop vertical farming protocols for saffron. This collaboration aims to modernize saffron cultivation, which traditionally relies on labor-intensive methods. Professor Molina's expertise, gained over two decades, is expected to enhance Seedo's agricultural technology initiatives, making saffron cultivation more sustainable and profitable. This partnership marks a significant step in Seedo's mission to innovate agricultural practices.
Seedo Corp. (OTCQB: SEDO) appointed Dr. Efrat Greenwald as Chief Data Scientist to enhance its saffron growing protocols and advance into vertical farming software. Dr. Greenwald brings expertise as a seasoned researcher with a PhD in Physics and experience in biological systems and data science. CEO David Freidenberg highlighted her role in leveraging AI for sustainable agriculture. The company aims to transform agriculture with innovative technologies in response to climate change and resource challenges.
Chef Kiko Moya has been appointed as the first global brand ambassador for Saffron Tech, a subsidiary of Seedo Corp (OTCQB: SEDO). This partnership aims to enhance the quality of saffron produced through vertical farming methods. Chef Moya will test and provide feedback on the saffron's flavor and quality, promoting it across social media and to other chefs worldwide. Saffron, known as 'red gold', is essential in Spanish cuisine, particularly in paella. Seedo Corp focuses on sustainable agriculture technology, addressing environmental challenges in crop production.
Saffron Tech has achieved a milestone by becoming the first company to import specialty saffron bulbs from Chile to Israel.
This development supports Saffron Tech's research and development for indoor saffron cultivation. The recent legislation permitting these imports accelerates the company's plans to innovate in the saffron industry, leveraging proprietary technology for vertical farming. Additionally, Saffron Tech has partnered with the ARO Volcani Center to enhance agricultural innovations in Israel, focusing on sustainable and efficient saffron production.
Seedo Corp. has announced its relisting on the OTCQB under the ticker SEDO. The company, now focusing on the Agrotech sector, aims to tap into the lucrative saffron market through its subsidiary, Saffron Tech Ltd. Significant advancements include R&D collaborations, a successful crowdfunding round raising over $1.6 million, and the appointment of prominent figures in business development and advisory roles. Seedo's new management emphasizes transparency and innovation as they seek to transform agricultural practices sustainably.
Saffron Tech, a subsidiary of Seedo Corp. (OTCQB: SEDO), has partnered with the Agricultural Research Organization (ARO), Volcani Center to establish propagation protocols for year-round saffron cultivation. This agreement marks a significant milestone as Saffron Tech aims to innovate within the billion-dollar saffron market using vertical growing technology, providing an alternative to labor-intensive farming. The global saffron market was valued at USD 882 million in 2019, with a projected CAGR of 7.3% from 2020 to 2027.
Saffron Tech Ltd, a subsidiary of Seedo Corp (OTCQB: SEDO), has successfully completed its crowdfunding round, raising over $1.6 million from more than 700 investors. This funding exceeds its initial target and reflects strong confidence in the company's innovative saffron growing technology, which offers an environmentally friendly, scalable solution for high-yield saffron production. With this new capital, Saffron Tech is finalizing its automated growth protocol, aiming to increase saffron yields by up to four times annually, expanding opportunities in food, textiles, cosmetics, and healthcare.
