AeroFarms, an indoor vertical farming company and the leading supplier of microgreens to the U.S. retail market, has refinanced its debt to support the ongoing operations at its farm in Danville, Virginia, and has raised equity financing to further support existing operations and fund pre-construction activities for its expansion to … [continued]
The Icelandic firm VAXA Technologies has perfected a modular, sustainable, energy efficient indoor aquaculture system for producing Spirulina algae.
The sight of flowers and vegetables spilling down the side of a building holds great allure. But, other than aesthetics, are vertical farms really a viable option for mass food production?
The indoor vertical farming startup Bowery Farming has raised $300 million in a Series C funding round. This brings the total funding that the New York-based company has raised to date up to $472 million and gives the company a valuation of $2.3 billion. The funding round was led by … [continued]
An interview with Bowery CEO and co-founder Irving Fain.
A New Jersey indoor farm will use a solar microgrid to grow high-quality produce independent from the grid and natural seasons.
A few months ago, Amazon (AMZN) bought Whole Foods at a whopping $13.4 billion, with a promise to bring cheap, organic, nutritious, low carbon*, and pesticide-free food to the masses. Soon after the acquisition, Whole Foods cut prices by as much as 43%, bringing prices of organic food at or below non-organic food.
The future of fresh local produce could include distributed farming, with more foods being grown in smaller systems right near the point of sale, instead of everything being shipped in from larger growing operations.
Vertical Fresh Farms has been farming commercially on a small scale in Buffalo, New York for a few years, but a larger scale commercial facility is currently under construction in the Netherlands. Fruit and vegetables supplier Staay Food Group is erecting a 900 square meter vertical farm, which will have a total cultivation area of 3000 square meters.
As a field test for future applications in the oil and gas industry, Ambient Water (formerly AWG International) announced today that it will install an Ambient Water 400 atmospheric water generator at Applied Cryo Technologies’ Houston facility. Scalable and modular, the patented Ambient Water system cost-effectively extracts water from humidity … [continued]
