GoodLeaf Farms Raises $52M to Expand Vertical Farming Capacity Across Canada
GoodLeaf Farms secured $52 million in equity financing to expand capacity at its Alberta and Quebec farms and develop a new R&D centre in Ontario.
Vertical farming is a method of controlled-environment agriculture (CEA) where crops are grown indoors using hydroponics, aeroponics, or aquaponics under LED lighting. It allows for year-round production, optimized resource use, and local, fresh food production with minimal environmental impact.
GoodLeaf Farms secured $52 million in equity financing to expand capacity at its Alberta and Quebec farms and develop a new R&D centre in Ontario.
Greeneration partnered with Arcadia British School for a STEM Week session, introducing students to the science and innovation behind vertical farming.
Agroz, a Malaysia-based vertically-integrated indoor vertical farming operator, has filed for a $10 million IPO on Nasdaq under the symbol AGRZ.
SecondBloom, in partnership with M Davis Group, will conduct the complete liquidation of Bowery Farming’s 200,000 sq. ft. vertical farming facility in Locust Grove, Georgia—one of the largest in industry.
Gardin and Ridder have announced a collaborative product integration that brings real-time photosynthesis data into the Ridder Hortimax Pro interface.
From pioneering indoor farming operations to cutting-edge automation and agri-tech solutions, companies in this space are shaping the future of food production. Whether you're seeking innovative startups, established market leaders, or technology providers, this section highlights key players driving advancements in controlled-environment agriculture (CEA) and beyond.
Want to showcase your business to industry professionals, investors, and decision-makers? List your company in our directory to gain visibility, connect with partners, and establish your brand in this evolving sector. Add your company today!
📩 Stay informed with The Indoor Farmer Newsletter, your go-to source for the latest in the industry.
Our bi-weekly newsletter brings you:
✅ Breaking industry news and emerging trends
✅ Exclusive market reports & feasibility studies
✅ Investment insights & funding updates
✅ Leadership interviews with key industry players
✅ Technology advancements in automation, AI, and CEA
Vertical farming is a method of growing crops in vertically stacked layers, often using hydroponics, aeroponics, or aquaponics. It allows for year-round production in controlled environments, reducing water usage and eliminating the need for soil.
Several vertical farming companies are driving innovation and expansion. Discover our latest list of vertical farming startups to watch here.
Leafy greens (lettuce, kale, spinach), herbs (basil, mint, cilantro), strawberries, microgreens, and some root vegetables can be grown effectively in vertical farms. Ongoing research is expanding the range of crops that can thrive in controlled environments.
Unlike traditional agriculture, which relies on vast land areas and natural weather patterns, vertical farming optimizes space by stacking crops indoors. It also significantly reduces water use, eliminates soil degradation, and minimizes transportation costs by locating farms closer to consumers.
While vertical farming offers many benefits, challenges include:
Discover more here.
To provide the best experience, we use technologies like cookies to store and access device information.