Tag: indoor farming

The USDA guarantees 80% of the GCL-arranged financing for the Somerset berry facility through its USDA Rural Development Business and Industry Initiative and the USDA Rural Development program.

While billions of dollars have been invested in indoor farming, is there a financially-sustainable future? Investment dollars have paid for high-tech innovation, but it comes with higher upfront costs, higher unit costs, and a larger carbon footprint. So where are we now? And where are we headed?

Edible Garden AG Incorporated, locally grown, organic and sustainable produce, today provided an update the success of its Zero-Waste Inspired® ESG/Sustainability mandate.

Currently, 80 Acres Farms operates eight farms in the U.S., built by the company's technology group, Infinite Acres. The Kentucky farm will begin operations by Q4 of 2022, and the Georgia farm will begin operations in early 2023.

Future Crops, Ltd., has taken its vertical farm a further step off the grid by shifting to reliance on 100% renewable energy.

Today, vertical farming leader Oishii announced it has opened its largest and most technologically advanced farm yet to meet the growing demand for its famed Omakase Berries.

For Kalera, the partnership represents an opportunity to allocate up to 50% of its United States production capacity to the restaurant and food service industry.

AppHarvest, Inc., a leading AgTech company, public benefit corporation and Certified B Corp building some of the world’s largest high-tech indoor farms to grow affordable, nutritious fruits and vegetables at scale while providing good jobs in Appalachia, today announced its operating and financial results for the quarter ending March 31, 2022, achieving its highest net sales quarter to date.

"We are now in an excellent position to execute on our objectives for the first half of 2022," said Fernando Cornejo, Chief Financial Officer of Kalera.

The strawberry harvest, packaging and delivery to local markets represents a successful commercial pilot of Affinor’s patented rotating towers, automated systems and processes.