2020-06-22

Vertical Farming Program to Address Food Education and Health Diet in Jersey City, U.S.

The City of Jersey City in the U.S. is launching the municipal vertical farming program together with vertical farm technology supplier AeroFarms and World Economic Forum. The program is aim to support healthy diet for people living in area and spark awareness. The initiative will establish 10 vertical farms throughout Jersey City located in senior centers, schools, public housing complexes, and municipal buildings. The 10 sites will grow 19,000 pounds of vegetables annually using water mist and minimal electricity. The food will be free to the public. (Image: AeroF...
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2020-04-21

Abu Dhabi to Invest 100 Million to Initiate Vertical Farm Projects

The Abu Dhabi Investment Office (ADIO) will invest US$100 million to four agri-tech companies to set up high-tech agricultural facilities in Abu Dhabi including the world’s largest vertical farm for R&D and other production farms to solve the challenge of local food production. The ADIO partners include AeroFarms, Madar Farms, RNZ and Responsive Drip Irrigation (RDI). AeroFarms from the U.S. will build a new 8200 square meter indoor vertical farm focusing on R&D and commercialization of relevant local crops by leveraging its expertise a...
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2019-12-03

Strategic Partnerships of Vertical Farms: Singapore Airline Partners AeroFarms and Kroger Teams Infarm

Vertical farming breaks the limitation of growing crops and creates possibilities for food production everywhere. Supporting by LED tunable lighting and hydroponics system, vertical farms leverage their strengths to shrink the distance between growers and consumers, attracting strategic partners to launch innovative services. Singapore Airline, for example, collaborated AeroFarms, a U.S.-based vertical farm startup, for realize the Airline’s “From Farm to Plane” concept. AeroFarms has begun to supply fresh produce for Singapore Airline’s flight s...
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2019-07-15

Vertical Farm Company AeroFarms Raise US$100 Million Fund Let by IKEA’s Parent Company

Last week LEDinside reported that more and more vertical farming startups have received funds from worldwide investors, marking the great potential of the high-tech farming business. Within a week, another US-based vertical farming company, AeroFarms, announced that it has raised US$ 100 million in the Series E funding round. According to the report by the Financial Times, the funding round was led by IKEA’s parent company, Ingka Group, bringing the total funding to US$ 238 million. Other investors include Wheatsheaf, ADM Capital, Mission Point Cap...
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