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In July 2020, company became a member of the international Association for Vertical Farming. In August 2020, the company announced the raise of $4 million in seed funding from a group of investors. [12] [13] [14] In the same year, iFarm partnered with YASAI AG and Logiqs B.V. to launch Zurich's first vertical farm. [15] iFarm inside
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]
As of 2018, an estimated 40 indoor vertical farms exist in the United States, some of which produce commercially sold produce and others which are not yet selling to consumers. [14] Another source estimates over 100 startups in the space of 2018. [15] In Asia, adoption of indoor agriculture has been driven by consumer demand for quality. [16]
Findbusinesses4sale explored what the rise of vertical farming can mean for domestic food production, using Department of Agriculture data.
A vertical farm has been showcased at Cop28 by a UK firm to help farmers in the Middle East grow crops and reduce water usage. The “gigafarm”, launched by the ReFarm group of companies working ...
The AVF acknowledges that vertical farming in its current state can provide access to fresh, safe, and sufficient food, independent of climate and location. In the decades to come, where overpopulation and severe planetary changes challenge our current way of life, vertical farming will become a necessary solution in global food production.
Plans call for the $300 million facility to grow crops in 30-foot towers on the site that will annually make up to 20 million pounds of produce
Vertical farms have gained significant traction globally as they offer solutions to overcome the limitations associated with traditional agriculture. [ 58 ] In practice, vertical farms employ advanced techniques such as hydroponics or aeroponics , allowing plants to grow without soil by using nutrient-rich water or air instead.
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