Reported about 13 hours ago
AeroFarms, a US vertical farming company, has successfully secured new funding to construct a second facility nearly two years after emerging from bankruptcy. The company has refinanced its existing debt to support operations at its Danville, Virginia site and raised equity financing for pre-construction activities for the new farm, although its location remains undisclosed. CEO Molly Montgomery expressed confidence in the potential of vertical farming to sustainably deliver fresh greens globally while preserving natural resources.
Source: YAHOO