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OneFarm

Vertical Farming
Product stageSegments
Early
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Farm Operators: Hydroponics
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Based in the Netherlands, OneFarm builds and operates hydroponic vertical farms that use AI, IoT, and LED lighting to grow a range of herbs and lettuce vertically. OneFarm sells its vertically farmed produce via its subsidiary “Wholly Foods.” The company’s circular farms reportedly have the lowest carbon emissions per ton of harvested lettuce compared to other farming methods including traditional agriculture.

OneFarm is also a part of two additional vertical farming projects in the Netherlands: “SILOOS Project” and “A Lab Vertical Farm.” The former is a proposal for vertical farm that would feed 15,000 people in Zeeburger Island, Amsterdam. The latter is a community-run project to explore vertical farming technologies and educate people on how farming is evolving in the 21st century.

In September 2023, OneFarm filed a notice of intention (NOI) for its UK subsidiary, OneFarm Limited, seeking the appointment of administrators to save the company from liquidation.

Key customers and partnerships

However, the company states it was difficult to find sufficient funding to expand vertical farming operations in the Netherlands and hence announced that it is opening its first vertical farm in the UK in Q2 2022. The company partnered with UK-based vertical farm developer Intelligent Growth Solutions (IGS) in May 2022 to open its first vertical farm in Suffolk, UK by Q2 2023. OneFarm and IGS have committed to build 25 farms (including the Suffolk farm) across the UK. OneFarm has also secured agreements to supply its produce to local retailers.

Funding and financials

OneFarm is raising funds for its Suffolk farm through a debenture open to public and private investors via Abundance Investment, a UK-based online investment platform for green infrastructure projects. The company has raised GBP 1.7 million out of its GBP 6.7 million goal. In August 2022, OneFarm announced that it had completed theinitial funding requirement for the construction of the farm, raising GBP 7.5 million (~USD 8.78 million).


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

Management news
Sep 18, 2023
OneFarm files NOI for UK subsidiary
Vertical Farming
Funding
Aug 25, 2022
OneFarm raises GBP 7.5 million in funding for its first vertical farm in the UK
Vertical Farming
Funding
Aug 25, 2022
OneFarm raises GBP 7.5 million in funding for its first vertical farm in the UK
Vertical Farming
Partnerships
Geographic expansion
May 4, 2022
OneFarm to open its first vertical farm in the UK in partnership with Intelligent Growth Solutions
Vertical Farming

Company Brief


HQ location:
20-22 Wenlock Road London GBR
Founded year:
2017
Employees:
1-10
Total Funding:
USD 8.7 million
Last Funding
USD 8.7 million, Aug 2022

Funding


Funding data are powered by Crunchbase
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