VCs, Financiers Show Growing Interest in Urban Farming

AeroFarms Corporate Farm Main Entry

It’s been a busy end to the year for vertical farming company AeroFarms. The privately held company is set to open a $40 million, 69,000 square foot indoor farm in Newark, New Jersey, and also closed in December on a $20 million venture funding round. AeroFarms will raise new project finance capital and venture capital funding this year and beyond, and will be hiring aggressively as it opens additional facilities in the US and possibly in China as well.

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