AeroFarms Receives $1M Grant from FFAR

AeroFarms, an Newark, New Jersey-based indoor vertical farming company, received a grant for a total investment of nearly $2m.

The Foundation for Food and Agriculture Research (FFAR), a nonprofit organization established through bipartisan congressional support in the 2014 Farm Bill, provided the Seeding Solutions grant.

Founded in 2004 and led by David Rosenberg, CEO, Roger Buelow, CTO, and Marc Oshima, CMO, AeroFarms builds, owns, and operates indoor farms that grow safe food without sun or soil in a fully-controlled environment.
The company’s farms leverage patented aeroponic growing system for fast harvest cycles, predictable results, food safety and less environmental impact.

Principal Investigator Roger Buelow, Chief Technology Officer at AeroFarms, will now collaborate with Rutgers University and Cornell University scientists in a project aiming to improve crop production by defining the relationships between stressed plants, the phytochemicals they produce and the taste and texture of the specialty crops grown. The work will result in commercial production of improved leafy green varieties and yield science-based best practices for farming.

FinSMEs

11/09/2017

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