Since the beginning of the year, the indoor vertical farming industry has received more money from Venture Capitalists than it did last year and is expected to reach new heights in the upcoming years as the industry expands and stakeholders seek solutions to mitigate the climate change impact on agriculture production as well as the global supply chain disruptions that the food industry is witnessing.
Nonetheless, despite the immense potential Indoor vertical farming has in terms of providing locally produced, nutrient-rich crops, some indoor farms, unfortunately, emit more greenhouse gas than traditional farming methods. Due to their inefficient lighting and heating system or due to their energy grid relying on fossil fuels these indoor farms turn out to contribute to the world’s greenhouse gas emissions.
Agritecture was founded by Henry Gordon-Smith in 2011 to help others navigate the crucial planning stage for their urban farming business and avoid costly mistakes. Since then, Agritecture has grown into the world’s leading advisory firm on urban and controlled environment agriculture, working with clients of all types – from entrepreneurs, to investors, to technology providers – in more than 35 countries. In recent years, Agritecture’s service offerings have evolved to meet industry needs beyond farm planning and include strategy, due diligence, market research, and more.