Ottawa-based Fieldless Farms was acquired by Toronto’s Elevate Farms in late January in what the firms’ leaders describe as a union of two organizations that complement each other.
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Canada’s indoor farming industry has yet to harvest a bountiful crop of thriving businesses, despite attracting major investors over the past decade.
But the co-founders of two Ontario-based ag-tech startups believe that’s about to change thanks to a recent deal that brought them together in a bid to capitalize on rising demand for homegrown produce.
Ottawa-based Fieldless Farms was acquired by Toronto’s Elevate Farms in late January in what the firms’ leaders describe as a union of two organizations that complement each other.
“Our weaknesses are their strengths and our strengths are their weaknesses,” says Elevate co-founder and CEO Amin Jadavji. “It was a perfect marriage in that sense.”
The firms would not disclose financial details of the all-share deal, but Jadavji says the combined entity will have nearly 50 employees and is aiming to become cash-flow positive by the end of this year.
The veteran businessman turned Metro Paper into one of the country’s biggest producers of tissue paper before it was acquired by industry giant Kruger. In 2018, he brought his manufacturing expertise to the vertical farming sector, launching Elevate with Norwegian entrepreneur Per Aage Lysaa, who brought decades of experience in photobiology – the study of how light affects living organisms.
Unlike traditional farms, vertical farms grow plants upward rather than outward on wide fields. Lysaa, whose work included studying how organizations such as NASA could grow food in outer space, tapped into his lab work at the University of Guelph’s Controlled Environment Systems Research facility to pioneer technology that produces plants stacked in 13 layers – about 7.5 metres high – that grow their roots in water rather than soil.
The LED lights that fuel the plants’ growth are regulated by Elevate’s cutting-edge proprietary software, which uses artificial intelligence to create algorithms that know exactly how to adjust the amount of light to change plants’ colours and nutrient content. The software also controls other environmental factors such as carbon dioxide levels and powers an array of sensors, conveyors and automated systems, including robotic arms that ensure the plants are never touched by human hands.
All of those processes require energy – a lot of it. The vertical farming industry has so far struggled to figure out how to rein in those massive greenhouse power bills enough to make the business economically viable.
But Jadavji believes Elevate has finally cracked that code.
“We did the science to optimize every one of those variables to get the maximum output using the least amount of input,” he says.
Jadavji says the industry has spawned a slew of startups that felt pressure to generate “hockey-stick” revenue growth after landing big money from venture capital investors. As a result, many firms spent millions on building indoor farms that were large and inefficient in an effort to get as much produce out the door as quickly as possible.
“Very few people took the time to actually say, ‘OK, we’ve got a little bit of money. Now let’s start to do the science and figure out how to do this.’ We sort of took the time to do the homework first.”
Elevate, which is headquartered in Toronto, currently operates a 14,000-square-foot indoor growing facility in New Jersey, where it produces about 300,000 kilograms of lettuce and herbs a year.
By contrast, Fieldless grows only about one-sixth of that amount of produce at its greenhouse in Cornwall – which, at 60,000 square feet, is four times larger than Elevate’s facility but stacks its plants just five layers deep and relies on less efficient hydroponic techniques it licensed from other companies.
“We are very good growers and operators, but we don’t build the technology,” Jon Lomow, who founded Fieldless in 2019, explains. “We didn't have the science or the technical backgrounds to build the tech.”

