AeroFarms

Valuation $1B

About AeroFarms

AeroFarms, B Corp leader in Indoor Vertical Farming, growing produce using up to 95% less water and no pesticides ever.
Headquarters AeroFarms, Newark
Founded 2004-01-01
Industry Agriculture, AgTech, CleanTech, Hospitality
Last Funding Type Series Unknown
Valuation 1
Total Funding $313.74 million dollars
IPO Status Private

Financial

AeroFarms may be growing as it has successfully completed a restructuring process and emerged from Chapter 11 bankruptcy, indicating a recovery and potential financial stabilization. The company has received court approval for an Asset Purchase Agreement with a group of existing investors, which suggests an infusion of capital and investor confidence in its operations. Additionally, AeroFarms has shifted its focus to the ramp-up of its Virginia farm and has implemented cost-saving measures by eliminating spending on non-essential projects, which could lead to improved profitability and operational efficiency.

Funding Rounds 12
Number of Lead Investors 5
Total Funding Amount  $313.74 million dollars
Number of Investors 13

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David Chang
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