Monday, December 14, 2015 5:02:00 AM PDT | VentureDeal
Newark, New Jersey -- Agriculture technology company AeroFarms has received $20 million in its second round of institutional venture capital funding.
AeroFarms says that it is "building, owning and operating farms that grow locally healthy food in a sustainable and socially responsible way." The company is focused on developing technologies to enable vertical farming. Wheatsheaf Investments led the round, which also included GSR Ventures, MissionPoint Capital Partners and Middleland Capital. The company said it will use the funding to launch its own consumer facing brand in 2016. It will also use the proceeds to build out more vertical farms including a new facility in Newark.
Email Page | Print Page
Want unlimited access to the complete database with thousands of technology companies, VCs and transactions for only $25 per month?
Start your Free 14 Day Trial now – no obligation or credit card required.
