Is this the fastest-growing vertical farming business in the world?
Indoor agriculture is a competitive space. While there is so much whitespace for vertical farms and hi-tech greenhouses to grow and sell produce into local food systems across the globe, those that are venture capital-backed have been fighting for investor attention for years with lots of big announcements often lacking substance. But who is really leading the race?
Future Food · Louisa Burwood-Taylor, Henry Gordon-Smith
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Show Notes
When I returned from maternity leave in January, I reached out to my good friend Henry Gordon-Smith from Agritecture to find out what I'd missed and what sort of traction the highly funded startups were really getting. When thinking about which company was making the greatest strides, Henry highlighted Infarm, the Berlin-based vertical farming group with more than $300m in funding under its belt. Infarm's global footprint has expanded rapidly in recent months with its in-store units cropping up across the globe and even in Japan, one of the most developed indoor agriculture nations globally.
So we decided to co-host an episode with Infarm's two cofounders, and brothers, Guy and Erez Galonska, to dig in to this growth.
Expect to hear about their surprising commitment to sustainability, focus on their core customer -- the retailer -- expansion of their plant science team and evolution of their differentiated business model.