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HYVE Indoor Farming Systems

Vertical Farming
Product stageSegments
Early
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Farm Operators: Hydroponics, Growing System Producers
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HYVE Indoor Farming Systems is a Virginia-based company that provides automated, scalable, and comprehensive solutions for vertical indoor farming. HYVE provides solutions from hydroponic racking to advanced LED lighting, nutrient monitoring stations, pumps, consumable items such as seedling growth containers and seeds, and all the necessary components for Controlled Environment Agriculture (CEA).

LF-ONE is a comprehensive hydroponic growth system provided by HYVE to grow different crops, such as leafy greens, flowering crops, and microgreens. The company sells consumable supplies and accessories related to LF-ONE for USD 42 each.

The company claims that crops grown using their products would require only 15–20 days from sprout to harvest, which increases output and lessens the growth cycle. Furthermore, the company asserts that HYVE can be configured with up to 12 growing levels, increasing yield and productivity up to 50x more than traditional farming methods.

On February 15, 2023, the company partnered with AGEYE, a leader in automated platform monitoring for vertical farms and greenhouses. Together, they aimed to bring completely unmatched technology to the CEA industry and commercial growers. Later, in the same period , the companies announced their first joint indoor vertical farming project to build a 13,000 sq ft indoor farm facility in Nebraska. The facility was to focus on growing leafy greens.

Vertical Farming

Vertical Farming

Key stats
Featured companies
103
Total funding (USD)
5.7 Bn
Total addressable market (USD)
36.4 Bn
Key competitors
 
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Company profile
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Recent Updates

Product updates
Feb 27, 2023
HYVE and AGEYE announce their first joint project
Vertical Farming

Company Brief


HQ location:
Verona VA USA
Funding data are powered by Crunchbase
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