Hailed at the largest Series A round to ever reach European shores in the controlled environment agriculture space, southeast London’s Vertical Future has raised £21 million in a Series A round.

Vertical Future, which grows crops without soil and with artificial light, said on Tuesday it had secured 21 million pounds ($29 million) in what it said was Europe’s largest ever “Series A” fundraising in the emerging vertical farming sector.

Welcome to Gustav Holst Stuge, who joins us today as Chief Commercial Officer (CCO), a critical C-suite leadership hire for our rapidly growing company.