Stay Ahead with the GreenState Newsletter

On this December 13th, we are excited to share important updates with our valued GreenState community. This December Newsletter covers the following topics:

As November 2024 comes to a close, we’re excited to share some amazing updates with you. We hope you enjoy reading our newsletter, and if you have any questions, feel free to reach us at any time.

We are delighted to announce that our subsidiary company, Yasai AG, has successfully added a new supermarket to its portfolio for selling fresh, locally produced basil. From October 1st, YASAI basil will be available at MIGROS stores in Canton Zürich.

After successful pre-seed and seed rounds, GreenState AG is officially launching its Series A financing round, open to institutional and qualified investors domiciled in Switzerland.

GreenState AG has acquired Yasai AG, marking an exciting development in the Swiss vertical farming industry. This acquisition is significant because it ensures that the Swiss market remains in the hands of Swiss producers and shareholders. Moreover, produce will continue to be distributed through Swiss retail chains such as Manor and Coop, and potentially future partners like Migros and Denner.

Dear GreenState investors, enthusiasts, and supporters, Thank you for your time and support. As always, we are pleased to share our company updates with you.

Dear GreenState enthusiasts,Firstly, let us extend our wishes for a Happy New Year, filled with success and good health. It has been two months since our last newsletter, not because we had no news to share, but rather due to the multitude of tasks on our plate. It's no secret that we require a significant expansion of our staff to successfully complete all pending tasks and provide support to every business sector.

Some of you may already be aware from our last newsletter, social media, or our employees that GreenState AG had a presence at the 4th Global Vertical Farming event in Dubai last month.

We have developed new hardware that can measure our power consumption and track the amount of power coming from the grid technology and renewable sources. This hardware enables us to measure power consumption in real-time, upload the data to the GreenState Cloud, and transmit it to web and mobile SCADA software.

On 24.03.2023 we hosted more than 100 people in the SIG Event Hall in Neuhausen. It was a pleasure for us to present the vision and the products of our company to all guests.

The first two months of this year were reserved for the certification of our farm and confirmation of the work done so far. The first inspection at the beginning of January was carried out by ElectroSwiss, which we passed, confirming that we had built a vertical and modular cultivation solution according to the Swiss electrical standard. All electrical installations were planned and developed with the highest level of precision and safety.

A great start to the year for GreenState AG. Our HVAC system tests began on January 3rd, 2023 and were completed on January 5th, 2023 with 100% success. For 48 hours we were able to cool the ground floor and heat the first floor. This is an amazing achievement for the entire indoor farming community, as the same farm allowed two separate entities to grow different agricultural products and simulate different temperatures. We are also very proud that

Christmas was just around the corner at GreenState AG and we received the most valuable gift yet. We were able to successfully complete all technical developments and our modular and vertical farm in Neuhausen is officially in operation. In addition, our SCADA system works and we can manage the farm via a remote control installed on the computer in the modules.

As already communicated, GreenState AG has already entered into a strategic partnership with ImhofBio to develop an indoor growing technology for herb production.

Recently we have noticed that vertical farming has achieved a high level of media presence worldwide and also in Switzerland. Since then, some media have contacted us to get an interview or to film our farm in Neuhausen. Due to the holiday and summer season, we had to pay attention to our capacities and so GreenState AG was published in the Handelszeitung and Landbote in the last few months.

Our team is growing and with it the portfolio of various agricultural crops. We recently decided to focus on growing strawberries and lettuce. The reason for choosing these two cultures is the current market situation and the associated possibility of creating digital recipes and instructions, which will subsequently also be used by industrial customers for the early use of our technologies be used.

Did you know that the ecological footprint of the... Switzerland is 4.35 gha per person (2018). The global one Average is 1.6 gha (2018).

We are very pleased to have Mr. Sven Berther as Chief Marketing Officer came to us. We work on the development every day Swiss management teams to have the right skills for the future Expansion of the company on board.

We are pleased to announce that GreenState AG is preparing the documents for the IPO has completed. This week the notary in Winterthur increased the share capital from CHF 110,000 to CHF 700,000 confirmed in the commercial register, and all shares are now at CHF 0.10, including the founder shares.

Over the last three months we have worked very hard on improving our corporate brand to improve and all current activities in the new company website integrate.