Top vertical farming companies in America are majorly estimated to be really doing well in terms of their massive contributions to the economy of the country, USA. This however could not have been possible without their very large turnouts each year in agricultural production through vertical farming.
Vertical farming is an indoor farming technique widely used to cultivate a wide variety of leafy greens such as lettuces, kales, chard and collard greens, chives, mints, basil, and other crops such as tomatoes, strawberries, mushrooms, and eggplants. In this, crops are grown in vertically stacked layers to save space and under a controlled environment to avoid excess use of water, energy, and other components. Vertical farming can be carried out using 3 soil-free techniques for providing required nutrients to the crops.
Vertical farming is one of the fastest-growing sectors within agriculture, with an increasing number of start-up companies looking to take advantage of its development. The practice involves stacking layers of crops vertically in controlled environments to optimise plant growth using artificial lights rather than sunlight. Vertical farming companies attract millions of dollars in investments and are said to be increasing demand for fruit and vegetables in urban areas.
However, many people in developing countries might face difficulties in deploying advanced vertical farming systems as setting up vertical farms with automated equipment, cameras, sensors, and hydroponic and aeroponic systems require high initial investments. In addition, dearth of skilled workforce and limited range of crops that can be cultivated in these vertical farms are other factors expected to hamper overall market growth during the forecast period.
Top Vertical Farming Companies in America.
1. InFarm
InFarm is one of the few top vertical farming companies in America. The company was founded in Berlin in 2013 by Osnat Michaeli and the brothers Erez and Guy Galonska. The company is present in Canada, the Czech Republic, Denmark, France, Germany, Japan, Luxembourg, the Netherlands, the United Kingdom, the United States and Switzerland and has deployed more than 1,400 farms in stores and Infarm Growing centers, saved more than 16,000,000 gallons of water and 600,000 square feet of land.
It is a very innovative company where employees can gain lots of valuable experience in a somewhat casual environment. They focus on internal hiring and are willing to develop their employees. The company expanded faster than they were capable of managing, so they are still working out some kinks. It has so far raised more than $35m in funding.
2. AeroFarms
AeroFarms is also one of the most acclaimed top vertical farming companies in America, recording more than $130m in investments since its launch in 2004. AeroFarms is proud to be the first indoor vertical farming company to be a Certified B Corporation. David Rosenberg (CEO) Marc Oshima (CMO) Edward Harwood (CSO) are its founders. The company uses its own patented aeroponic technology, which provides higher levels of precision and productivity, with little environmental impact and minor risk. Based in New Jersey, US, AeroFarms claims its methods use 95% less water than standard arable farming.
3. Plenty
In terms of investments, Plenty is probably the biggest company and one of the top vertical farming companies in America, after receiving more than $220m. Its vertical farms in San Francisco, US, produce kale, arugula, mixed spices and exotic herbs for retailers. Plenty CEO and co-founder Matt Barnard says his company does not have competitors because it is an indoor vertical farming company that uses less space and fewer resources to grow flavorful, healthy, fresh, and clean produce year-round. The company has not officially endorsed a plan to participate in an IPO. Plenty is an agriculture technology company that operates indoor vertical farming locations that use less space and fewer resources to grow produce.
4. Bowery Farming
Since launching in 2015, Bowery has emerged as one of the fastest-growing start-ups in the sector, having raked in more than $140m worth of funding. The New York-headquartered company, which supplies several restaurants, uses zero pesticides and non-genetically modified seeds in its operations.
Bowery Farming claims its methods use 95% less water than traditional agriculture and are 100 times more productive on the same amount of land.
5. Gotham Greens
Gotham Greens is a worldwide pioneer in the field of urban agriculture and a leading regional producer of hyper-local, premium-quality, greenhouse grown in the USA. Based in New York and Chicago, US, the aptly named Gotham Greens has four production sites with plans in place for more facilities across the country. Since its launch in 2011, the company has amassed more than $45m worth of investments. Unlike most firms, which use aeroponics, Gotham Greens has chosen hydroponics, which swaps soil for a mineral nutrient solution in a water solvent.
6. Freight Farms
This farm as one of the top vertical farming companies in America rakes in a revenue of US$72 Million per year. Freight Farms is a leading agriculture technology company, located in Boston, United States, and the first one to manufacture and supply container farms. It is a global leader and manufacturer of container farming technology with hydroponic farming systems retrofitted inside freight containers. The company has launched Greenery S, a vertical hydroponic farm equipped with latest equipment and five specialized systems that help in cultivating various types of crop round the year.
7. GP Solutions
This vertical farming company also makes up to like US $15 Million as revenue year in year out. It is in full called Grow Pod Solutions, and it is a US-based company offering state-of-art, environmentally optimized vertical farming systems for cultivating high quality green leafy crops and a variety of herbs. GP has developed GrowPods, automated, finely tuned, scalable, and micro farms. Air and water are filtered inside a Grow Pod which is then equipped with optimum temperature, humidity and light to eliminate the chances of contamination. Utmost precautions to protect against bacteria is taken in order to produce tastier, healthier, and high quality products.
8. Altius Farms
Another very recognizable top vertical farming companies in America is Altius Farms. For the fact that it delivers a wide range of high quality herbs and leafy greens locally round the year across United States, its annual revenue in business is $5.9 Million.
Altius Farms started using patented vertical growing technology from a very long time ago since establishment. The aeroponic vertical farms built by Altius Farms are one of largest vertical farms in the US and at the highest elevation. It also offers onsite training for urban youths and veterans. Some of the leading Altius Farms’ products specialty mixes such as Brassica Mix, Urban Farmer Mix, Spring Mix, herbs including Genovese Basil, specialty greens, and lettuce.