Upon closing of the transaction, AeroFarms will become publicly traded on Nasdaq under the new ticker symbol “ARFM”. The combined company will be led by David Rosenberg, Co-founder and Chief Executive Officer of AeroFarms. …
The New York-based company announced it has raised $50 million in a Series A round, bringing its total funding up to $55 million and positioning it for expansion into new crops and other metropolitan areas. …
Its largest farm to date — and the largest vertical farm in the Southeastern United States — the facility is 77 thousand square-feet and has the capacity to produce over 10 million heads of lettuce per year. …
The additional Albertsons-owned stores, which include Safeway and Vons, are part of the multi-year agreement between the two companies to expand Plenty produce into over 430 Albertsons-owned stores across the state of California. The new store locations are primarily in smaller communities, making Plenty the first indoor, vertically farmed produce available to these shoppers. …
With the closure of a successful new funding round, GoodLeaf Farms is embarking on an aggressive growth and expansion plan to build a national network of vertical farms that will bring fresh, delicious, nutritious and locally grown leafy greens to Canadians across the country. …
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