Financials

Estimates*

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Revenues, earnings & profits over time
USD2020
Revenues4.0m
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DateInvestorsAmountRound
-

N/A

-
N/A

$500k

Seed

$5.0m

Series A
N/A

N/A

Seed
N/A

$36.0m

Series A

$20.0m

Series B

$20.0m

Series B
N/A

$35.0m

Series D

$1.0m

Grant

$40.5m

Series D

$100m

Series E
N/A

N/A

-
*
N/A

$70.8m

Valuation: $500m

Late VC
*
N/A

N/A

Bankruptcy
Total FundingCAD448m

Recent News about AeroFarms

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More about AeroFarmsinfo icon
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AeroFarms is a pioneering startup in the field of indoor vertical farming. As a Certified B Corporation, the company is committed to using business as a force for good, balancing profit and purpose. They leverage the latest advancements in artificial intelligence and plant biology to grow a variety of products. Their unique approach allows them to deliver superior flavor, improved nutrition, and unmatched levels of traceability and food safety.

AeroFarms operates in the agri-tech market, serving a wide range of clients including grocery stores, restaurants, and food service companies. Their business model is centered around their proprietary indoor farming technology. This technology allows them to grow plants in a controlled environment, without the need for soil or sunlight. This not only reduces the company's environmental footprint but also enables them to grow crops year-round, regardless of weather conditions.

The company generates revenue by selling their high-quality, sustainably grown produce to their clients. They also monetize their innovative technology by licensing it to other businesses interested in indoor farming. Their commitment to sustainability and food safety, coupled with their ability to deliver superior quality products, positions them well in the rapidly growing market for locally sourced, organic produce.

In conclusion, AeroFarms is a forward-thinking agri-tech company that is leveraging technology to revolutionize farming. They are not only growing healthier, tastier produce but are also doing so in a way that is better for the planet.

Keywords: Indoor Vertical Farming, Artificial Intelligence, Plant Biology, Certified B Corporation, Agri-tech, Sustainable Agriculture, Food Safety, Traceability, Superior Quality, Technology Licensing.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.