Search results
Results from the WOW.Com Content Network
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.
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 ]
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; [27] by 2018 it built its 10th indoor farm. [27] As of June 2023, AeroFarms filed for Chapter 11 bankruptcy protection citing "significant industry and capital market headwinds".
Freight Farms produces the "Greenery" that is a complete farm-to-table system outfitted with vertical hydroponics, LED lighting and intuitive climate controls built within a 12m × 2.4m shipping container. [20] Podponics built a vertical farm in Atlanta consisting of over 100 stacked "growpods", but reportedly went bankrupt in May 2016. [21]
Findbusinesses4sale explored what the rise of vertical farming can mean for domestic food production, using Department of Agriculture data.
For premium support please call: 800-290-4726 more ways to reach us
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.
Jun. 29—MACON — Researchers at the Georgia Rural Health Innovation Center at Mercer University, with assistance from the Georgia Foundation for Agriculture, have released their study, "Farmer ...