AeroFarms Overview
- Year Founded
-
2004

- Status
-
Private
- Employees
-
146

- Latest Deal Type
-
Series B1
- Latest Deal Amount
-
$4.98M
- Investors
-
4
AeroFarms General Information
Description
Provider of indoor vertical farming services intended to grow farms in an indoor environment. The company's services include aeroponic growing systems for harvest cycles, results, food safety, and less environmental impact, enabling clients to grow plants without sun or soil in a fully controlled indoor environment and farm responsibly.
Contact Information
Website
www.aerofarms.comCorporate Office
- 1526 Cane Creek Parkway
- Ringgold, VA 24586
- United States
Corporate Office
- 1526 Cane Creek Parkway
- Ringgold, VA 24586
- United States
AeroFarms Timeline
AeroFarms Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
15. Later Stage VC (Series B1) | 24-Apr-2024 | $4.98M | Completed | Generating Revenue | ||
14. Later Stage VC | 28-Sep-2023 | Completed | Generating Revenue | |||
13. Restart - Later VC | 18-Sep-2023 | Completed | Restart | |||
12. Bankruptcy: Admin/Reorg | 08-Jun-2023 | Completed | Bankruptcy: Admin/Reorg | |||
11. Mezzanine | 31-Dec-2022 | Completed | Generating Revenue | |||
10. PIPE | 26-Mar-2021 | Cancelled | Generating Revenue | |||
9. Reverse Merger | 26-Mar-2021 | Cancelled | Generating Revenue | |||
8. Grant | 09-Apr-2020 | Completed | Generating Revenue | |||
7. Later Stage VC (Series E) | 09-Jul-2019 | $100M | $214M | Completed | Generating Revenue | |
6. Grant | 07-Sep-2017 | $1M | $114M | Completed | Generating Revenue |
AeroFarms Comparisons
Industry
Financing
Details
AeroFarms Competitors (8)
One of AeroFarms’s 8 competitors is iFarm, a Venture Capital-Backed company based in Helsinki, Finland.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
iFarm | Venture Capital-Backed | Helsinki, Finland | ||||
OnePointOne | Venture Capital-Backed | Avondale, AZ | ||||
Oishii | Venture Capital-Backed | Jersey City, NJ | ||||
Singrow | Venture Capital-Backed | Singapore, Singapore | ||||
CubicFarm Systems | Formerly VC-backed | Langley, Canada |
AeroFarms Patents
AeroFarms Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-D1046608-S1 | Support rail | Active | 18-Apr-2022 | ||
EP-4511299-A1 | Container rack latch system | Pending | 18-Apr-2022 | ||
EP-4384002-A1 | Grow systems for aeroponic and hydroponic plant development | Pending | 11-Aug-2021 | ||
US-20240260526-A1 | Grow systems for aeroponic and hydroponic plant development | Pending | 11-Aug-2021 | ||
US-D1046681-S1 | Farming unit | Active | 11-Aug-2021 |
AeroFarms Signals
AeroFarms Investors (4)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Unreasonable Impact | Impact Investing | |||
Doha Venture Capital | Growth/Expansion | Minority | ||
Grosvenor Food & AgTech | Impact Investing | Minority | ||
Monroe Capital | Lender/Debt Provider |
AeroFarms Investments & Acquisitions (2)
AeroFarms’s most recent deal was a Joint Venture with Indoor Vertical Farms (AeroFarms / Public Investment Fund). The deal was made on 01-Feb-2023.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
Indoor Vertical Farms (AeroFarms / Public Investment Fund) | 01-Feb-2023 | Joint Venture | Other Agriculture | ||
Green Sense Farms | 01-Jan-2021 | Merger/Acquisition | Cultivation |
AeroFarms FAQs
-
When was AeroFarms founded?
AeroFarms was founded in 2004.
-
Where is AeroFarms headquartered?
AeroFarms is headquartered in Ringgold, VA.
-
What is the size of AeroFarms?
AeroFarms has 146 total employees.
-
What industry is AeroFarms in?
AeroFarms’s primary industry is Other Agriculture.
-
Is AeroFarms a private or public company?
AeroFarms is a Private company.
-
What is AeroFarms’s current revenue?
The current revenue for AeroFarms is
. -
How much funding has AeroFarms raised over time?
AeroFarms has raised $85.8M.
-
Who are AeroFarms’s investors?
Unreasonable Impact, Doha Venture Capital, Grosvenor Food & AgTech, and Monroe Capital have invested in AeroFarms.
-
Who are AeroFarms’s competitors?
iFarm, OnePointOne, Oishii, Singrow, and CubicFarm Systems are some of the 8 competitors of AeroFarms.
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