Amazon may be looking at taking over vertical farming start-ups, following its acquisition of US grocery brand Whole Foods. Start-ups including Bowery, AeroFarms and Plenty offer year-round crop production in environments that require 95% less water than traditional farms and experience few weather-related problems. The company is also working on a new kind of indoor farm called the “greenhouse,” which will use LED lights to grow plants indoors for up to six months without any outside light.
Amazon may be looking at taking over vertical farming start-ups, following its acquisition of US grocery brand Whole Foods. Start-ups including Bowery, AeroFarms and Plenty offer year-round crop production in environments that require 95% less water than traditional farms and experience few weather-related problems. Owning the farms that produced the groceries it sold in Whole Foods could provide Amazon with new efficiencies, especially if coupled with its extensive supply chain capabilities.