Breaking
Oishii closes first $150M of Series C - led by SPARX Asset Management $370M raised since 2016 World's largest indoor vertical strawberry farm, Jersey City NJ Omakase Berry once $50 a tray - now a Whole Foods staple Rubi Tomato joins the lineup Real bees pollinate indoors Pesticide-free. Non-GMO. Year-round. Oishii closes first $150M of Series C - led by SPARX Asset Management $370M raised since 2016 World's largest indoor vertical strawberry farm, Jersey City NJ Omakase Berry once $50 a tray - now a Whole Foods staple Rubi Tomato joins the lineup Real bees pollinate indoors Pesticide-free. Non-GMO. Year-round.
Oishii strawberries
FIG 1. The Omakase Berry, photographed looking suspiciously calm for a fruit that costs more than lunch. Grown in New Jersey, raised on Japanese rules.
Company Profile / AgTech

Oishii.

The vertical farm that decided the hardest thing to grow indoors - a strawberry worth paying for - was the only thing worth growing.

Founded 2016 Jersey City, NJ ~290 people Series C
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The Scene

A warehouse in New Jersey is pretending to be spring in Japan

Step inside Oishii's farm and the first thing that goes is your sense of season. Outside it might be February, sleet on the turnpike. Inside, it is permanently the best week of the year in a Japanese mountain valley - the exact light, the exact humidity, the exact moment a strawberry decides to taste like something. Rows climb upward instead of sprawling across acreage. Bees, real ones, work the flowers. Nobody is spraying anything.

This is the company as it stands in 2026: roughly 290 people, a flagship berry that started life as a $50 luxury and now turns up at Whole Foods, and the first $150 million of a Series C in the bank. Oishii calls its system the Indoor Smart Farm. Most people just call it the place that grows the strawberries they heard about on Instagram.

"We took on one of indoor farming's toughest challenges - precision at every stage, from pollination to shelf-life."

- Hiroki Koga, Co-founder & CEO
The Problem

The modern strawberry is a marvel of logistics and a disappointment of flavor

Here is the inconvenient truth the produce aisle would rather you not dwell on. The supermarket strawberry is bred to survive a journey, not to be eaten. It is picked early, packed cold, and trucked across a continent so it can arrive looking red and tasting of almost nothing. It is, in the most literal sense, optimized for everything except the part you actually care about.

Japan solved the flavor problem decades ago - with painstaking varietals, perfect microclimates, and prices to match. But those berries don't travel, and the climate that makes them can't be shipped. Vertical farming promised an answer, then spent a decade losing money on lettuce. The crops were easy; the economics were not. By the mid-2020s the field was littered with bankruptcies.

"Everyone else chased leafy greens because greens are easy. Oishii went the other way - on purpose."

- The contrarian bet, in one line

FIG 2. A commodity strawberry travels roughly 2,000 miles to reach you and arrives with opinions about none of it.

The Founders' Bet

Two founders bet the company on the crop everyone else avoided

Hiroki Koga grew up around Japan's vertical-farming industry and watched it struggle to make money on greens. He moved to the United States with a stubborn idea: don't start cheap and try to add value later. Start with the most valuable, most difficult crop - the strawberry - and let the premium pay for the technology. In 2016 he and Brendan Somerville founded Oishii on that inversion.

It was, on paper, the wrong move. Strawberries need pollination, which means bees, which means you can't just bolt on a sterile grow-light setup. They bruise. They rot. They demand precise climate control at every hour. The reasonable plan was to avoid them. Oishii built the entire company around them instead.

"Premium first, scale later. It is the strategy that quietly outlived the competition."

- Why Oishii is still standing
Milestones

Ten years, one very serious berry

2016

Founded

Hiroki Koga and Brendan Somerville start Oishii in New Jersey, betting on strawberries over the safer leafy-green play.

2018

The Omakase Berry launches

Debuts in New York City at roughly $50 a tray of eight. The internet loses its mind. A waitlist forms.

2021

$50M Series A

Capital arrives to scale the Smart Farm model and bring prices down.

2022

74,000 sq ft farm + Whole Foods

A larger Jersey City farm opens; price drops toward $20 a tray; the Koyo Berry and retail distribution begin.

2023

The Rubi Tomato

Oishii proves the platform isn't a one-fruit trick, debuting a bite-sized tomato exclusively at Whole Foods.

2024

240,000 sq ft farm + $134M Series B

A major Lopatcong, NJ facility opens as funding expands production and distribution.

2026

$150M Series C, first close

Led by SPARX, with Nomura Real Estate, MISUMI, and Mizuho. Total raised: about $370M.

The Product

It isn't a farm with a berry. It's a berry with a farm built around it

The Indoor Smart Farm is the actual product, and the fruit is its proof. Climate simulation recreates the conditions of Japan's strawberry regions. Water is recycled rather than poured onto fields. Robotics and automation handle the parts that scale; Japanese growing technique handles the parts that don't. Crucially, bees pollinate the flowers indoors - a detail competitors mostly couldn't pull off, and the reason Oishii could grow berries at all.

Flagship

The Omakase Berry

High sweetness, intense aroma, creamy texture. The varietal that made the brand - and the waitlist.

Everyday

The Koyo Berry

Sweet with a subtle tartness. The more approachable berry that scaled hard through Whole Foods.

New varietal

The Nikko Berry

The newest strawberry in the lineup, widening the range of indoor-grown premium fruit.

Beyond berries

The Rubi Tomato

A bite-sized cherry tomato balancing sweetness, acidity, and umami. The platform's second act.

FIG 3. Four products, one warehouse climate, zero pesticides. The bees decline to comment.

"Harvested at peak ripeness, grown pesticide-free, and traveling a very short distance to your shelf."

- The whole pitch, minus the marketing
The Proof

While vertical farms folded, Oishii kept raising money

The skeptic's question is fair: lots of indoor farms had a good story and a bad balance sheet. What makes this one different? The answer is in who keeps writing checks. The 2026 Series C was led by SPARX Asset Management, with Nomura Real Estate Development, MISUMI Group, and Mizuho Bank - a roster of large Japanese institutions betting on a Jersey City berry, at a moment when the rest of the category was being written off.

Capital raised, by round

USD millions, cumulative story since 2016
Series A '21
$50M
Series B '24
$134M
Series C '26*
$150M first close
Total raised
~$370M
*Series C figure is a first close announced May 2026, led by SPARX Asset Management. Totals per company and press reporting; bars scaled for comparison.
2016
Founded
240k
Sq ft farm, Lopatcong
~290
Employees
100k+
Instagram followers

Retail is the other tell. Whole Foods carries the berries and the Rubi Tomato across New York, New Jersey, Connecticut, the DC area and beyond, and Oishii has expanded Koyo supply to keep up. A luxury novelty doesn't need a 600% supply increase. A habit does.

FIG 4. Fast Company called it "the Tesla of strawberries." The berry has not confirmed whether it can drive itself.

The Mission

Working with nature, not against it

Oishii's framing is deliberately un-grandiose: grow the best produce close to where people live, year-round, with less land and less water, and without pesticides. The pitch is a "sweeter, more sustainable future," which is the kind of phrase that means little until you notice the berry didn't fly across an ocean to reach you and wasn't sprayed to survive the trip.

"A strawberry that tastes like Japan, grown a short drive from your kitchen, in any month you like."

- The point of all the engineering

The harder mission is economic. Premium pays for the technology today; the technology is supposed to make premium ordinary tomorrow. Every price drop on the Omakase Berry - $50, then $20, then less - is a small proof that the flywheel is turning.

Why It Matters Tomorrow

Back in the warehouse, it is still spring in Japan

Return to that room. The sleet is still on the turnpike outside; inside, the light hasn't moved. But something has changed since 2016. The berry in your hand is no longer a $50 curiosity or a tech demo. It is on a shelf you can reach, at a price you might actually pay, grown a short drive from where you'll eat it.

That is the whole bet, made tangible. If indoor farming has a future beyond leafy greens, it looks less like a science project and more like this - a single crop taken seriously enough to justify the machine built around it. The hard part was never the strawberry. It was the discipline to grow only the strawberry until the strawberry paid for everything else.

Most companies grow what's easy. Oishii grew what was worth it - and waited for the math to catch up.