FarmedHere, a Bedford Park, IL-based indoor vertical farming company that uses sustainable methods to grow and deliver local produce, received a $1.35m credit facility.
Square 1 Bank provided the financial resources.
The company intends to use the funds for working capital and continued growth.
Founded in 2013 and led by Mark Thomann, chairman, FarmedHere is an indoor vertical farm which makes organic produce via Chicago-based farms. The indoor facilities are free of bugs, pesticides and herbicides, and use a soil-free, aquaponic process to grow organic greens in a mineral-rich water solution.