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Koga’s bet is this: If you can give people something special, the vertical farming business model can work. Oishii has closed its Series B at $150 million, Fortune can exclusively report.
A 2020 survey of indoor farming in the U.S. [18] found that indoor production was: 26% leafy greens, 20% herbs; 16% microgreens; 10% tomatoes; 28% other; AeroFarms, founded in 2011, raised $40 million in 2017 and reportedly opened the largest indoor farm in the world in Newark, New Jersey in 2015; [19] by 2018 it built its 10th indoor farm. [19]
In this study, the term “farmer” refers to farm owners, farm managers, farm workers, spouses and other farm-related roles. It showed 96% of farmers are either moderately or highly stressed.
Findbusinesses4sale explored what the rise of vertical farming can mean for domestic food production, using Department of Agriculture data.
Vertical farming is a proposed agricultural concept in which entire urban high-rise buildings, not just the building envelope, are dedicated to large-scale farming. [21] According to various researchers, to be realized vertical farms would require significant technological breakthroughs with regards to energy consumption and lighting. [22]
Grown by Freight Farms (or "Grown") is an on-site farming service offered by Freight Farms and intended for medium and large institutions like educational campuses, office parks, retail locations, hospitals, and residential buildings. In contrast to an outright container farm purchase, Grown clients subscribe to the service for a period of time.
The term "vertical farming" was coined by Gilbert Ellis Bailey in 1915 in his book Vertical Farming.His use of the term differs from the current meaning—he wrote about farming with a special interest in soil origin, its nutrient content and the view of plant life as "vertical" life forms, specifically relating to their underground root structures. [16]
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