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Vertical Farming

Vertical Farming

Vertical Farms August Update: On its way up

Key Headlines

Funding

  • AmplifiedAg raises USD 40 million for Vertical Roots
  • 80 Acres Farm raises USD 160 million Series B

M&A

  • Kalera plans to acquire Germany’s &ever GmbH
  • AeroFarms SPAC merger with Spring Valley gets shareholder approval

Earnings

  • Agrify reports increased Q2 losses 

Partnerships

  • AeroFarms and Nokia Bell Labs partner on drones and AI
  • Agrify signs second TTK partnership with True House Cannabis
  • AeroFarms partners with Cargills to improve cocoa bean yields 

Market Expansion

  • Geoponica Greens expands operations
  • Infarm to build the largest vertical farming facility in Europe
  • AeroFarms plans to build its largest facility in the Midwest region

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