We continued our investment in AeroFarms, the pioneering market leader in vertical farming, helping the business to increase production at its state-of-the-art microgreens farm in Danville, Virginia, US, resulting in the facility reaching profitability – a first for a full-scale vertical farming company – as demand outstripped supply.
AeroFarms celebrated new partnerships with Whole Foods Market and Costco, expanding its customer base, and contributing to increased revenues alongside reduced operational costs.
A Certified B Corporation, AeroFarms represents a new era of agriculture, looking for healthier and more nutritious produce, grown sustainably in a highly water-conserving and carbon-neutral fashion, immune to extreme weather events increasingly threatening the reliability of traditional farming.
Through advanced indoor vertical farming and by leveraging artificial intelligence and plant biology, AeroFarms uses a proprietary aeroponic technology where its plants grow soil-free and are misted with nutrients, water and oxygen – and without any pesticides – to deliver nutrient-rich microgreens (such as kale, arugula and broccoli) year-round, with a focus on superior nutrition, flavour and food safety.