CubicAcres

Cubic Acres grows pesticide-free leafy greens and herbs including baby arugula, basil, kale, romaine lettuce, and microgreens hydroponically, using 99% less water. The company offers customers custom orders, where they can choose to grow different lettuce, leafy green, herb, and root varieties and have it delivered within 6–10 weeks. The company claims that its farms can grow 350 heads of lettuce per square foot (a +99.6% higher yield compared to traditional agriculture) and reduce carbon emissions by 50% compared to traditional agriculture. In addition, the company uses robotics and AI to automate its vertical farming process from seed to harvest and powers its farms using renewable energy.

Key customers and partnerships

As of June 2022, the company served customers in the Long Island and New York City region via its vertical farm in Sonoma Valley, California. In June 2022, the company partnered with UK-based hydroponic vertical farm developer Intelligent Growth Solutions (IGS) to build a new vertical farming facility in Long Island, New York. The farm would produce 2.5 million heads of lettuce per year once fully operational by early 2023.

Funding and financials

In June 2020 CubicAcres raised USD 0.7 million in a seed funding round. In July 2023, the company raised USD 3.7 million in funding via its partnership with Intelligent Growth Solutions (IGS), a UK-based developer of hydroponic vertical farms. The funds were intended to expand CubicAcres' production capacity by 10x in response to the growing market demand for the company's lettuce production.