“It’s exciting that despite all the market shifts, KETOS is steadily growing and developing meaningful partnerships, not just selling the hardware and walking away,” says Meena Sankaran, founder and CEO of KETOS.
KETOS recently closed a $10M financing round, announced in May 2024. Given the newfound reticence of investors in the vertical farming industry following a string of bankruptcies and poor financial performances, Meena notes that this further demonstrates KETOS’s success in this challenging nascent industry and investors’ recognition of the technology’s value.