Kentucky-based AppHarvest is developing indoor food production to rejuvenate Appalachian agriculture. The start-up has raised $97m and plans a 60 ac greenhouse by 2020, with further technology-backed indoor farms to follow. Partners include greenhouse builder Dalsem, food distributor Mastronardi and the Rest Seed Fund. The funding was backed by firms including the Rise of Philips Lighting at Revolution. The company is taking advantage of a rising market for indoor farming, which avoids the impact of volatile weather, cuts waste and uses less water. It also addresses consumer trends of cutting sugar and processed food and tracking food’s origins.
Kentucky-based AppHarvest is developing indoor food production to rejuvenate Appalachian agriculture. The start-up has raised $97m and plans a 60 ac greenhouse by 2020, with further technology-backed indoor farms to follow. Partners include greenhouse builder Dalsem, food distributor Mastronardi and Philips Lighting. The funding was backed by firms including the Rise of the Rest Seed Fund at Revolution. The company is taking advantage of a rising market for indoor farming, which avoids the impact of volatile weather, cuts waste and uses less water. It also addresses consumer trends of cutting sugar and processed food and tracking food’s origins.