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§ Private Profile · Jackson, WY, USA
Vertical Harvest is a technology company.
Vertical Harvest operates urban farms that cultivate nutrient-rich produce, including microgreens, lettuces, and specialty greens, utilizing advanced hydroponic technology. Their tech-enabled agricultural approach allows for pesticide-free cultivation with significantly reduced water usage, providing fresh, local produce year-round. This system integrates sustainable practices directly within urban environments, ensuring a consistent supply of high-quality ingredients close to consumers.
Co-founded by Nona Yehia and Caroline Croft Estay, Vertical Harvest originated from an insight into the potential for urban agriculture to address both food systems and social inclusivity. The company commenced its first farm in Jackson, Wyoming, approximately ten years ago, driven by the vision that fresh food production could be combined with creating meaningful employment opportunities for individuals with disabilities. This dual mission formed the bedrock of their operational model.
Vertical Harvest serves a diverse customer base, ranging from culinary professionals seeking premium ingredients to families desiring healthier, locally sourced food options. Their produce integrates into local food systems, supplying various institutions and homes. The company’s long-term vision centers on fostering climate-resilient and equitable food futures by leading in sustainable urban farming practices and championing inclusive employment models within the communities they serve.
Vertical Harvest has raised $67.5M across 2 funding rounds.
Vertical Harvest has raised $67.5M in total across 2 funding rounds.
Vertical Harvest has raised $67.5M in total across 2 funding rounds.
Vertical Harvest's investors include Alexios Georgousis, Crossroads Impact Corp, James Neal, Gingee Prince, Finance Authority of Maine, Nuveen, USDA Rural Development, Waterside Commercial Finance, Christopher Slim, Paul Dugsin, Bain Capital Ventures, MissionOG.
Vertical Harvest is an AgTech company specializing in vertical greenhouse farming, using hydroponic technology to produce fresh, sustainable crops year-round in urban areas.[3][4][6] It serves local consumers, groceries, and restaurants by solving food production challenges through resource-efficient farming that employs people with disabilities, growing the equivalent of 40 acres on just 1/4 acre while using 90% less land, 90% less water, and 95% less fuel than traditional methods.[1][2] The company distributes to over 80 outlets across multiple states, delivering farm-to-fork in 24 hours, with strong growth since its 2016 founding, including tech integrations like Siemens Opcenter X for scalable operations.[1][2][3]
Founded in 2016 and headquartered in Jackson, Wyoming, Vertical Harvest was conceptualized by co-founder and CEO Nona Yehia, an architect and entrepreneur who built the first vertical greenhouse in the Northern Hemisphere.[1][2][3] The idea emerged from Yehia's co-founder's mission to address high unemployment among people with disabilities by connecting them to businesses needing reliable labor, evolving into a dual focus on growing food and "growing futures"—with 40% of the workforce identifying as having physical or intellectual disabilities.[1] Early traction came from four years of operating the pioneering U.S. vertical farm, proving multi-crop expertise and distribution to 80+ groceries and restaurants year-round.[2]
Vertical Harvest rides the urban agriculture trend, addressing climate-driven food insecurity, land scarcity, and supply chain vulnerabilities by enabling sustainable production in cities.[1][2][6] Timing aligns with rising demand for local, low-emission food amid global disruptions, bolstered by AgTech advances in hydroponics and AI operations management.[1][4] Market forces like water shortages and urban population growth favor its model, while it influences the ecosystem by pioneering inclusive employment in tech farming and inspiring scalable vertical solutions.[1][2]
Vertical Harvest is poised for expansion with its proven tech stack and social mission, likely scaling to more urban sites via partnerships like Siemens for industrial-level efficiency.[1] Trends in AI-optimized farming, climate resilience, and inclusive hiring will propel growth, potentially amplifying its influence as a blueprint for profitable, equitable AgTech. This positions it to redefine urban food systems, tying back to its origins in sustainable innovation.
Vertical Harvest has raised $67.5M across 2 funding rounds. Most recently, it raised $59.5M Debt / Grant in April 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Apr 24, 2024 | $59.5M Debt Financing | Alexios Georgousis | Crossroads Impact Corp, James Neal, Gingee Prince, Finance Authority OF Maine, Nuveen, USDA Rural Development, Waterside Commercial Finance | Announced |
| Apr 1, 2022 | $8M Series A | Christopher Slim, Paul Dugsin | Bain Capital Ventures, MissionOG, Silversmith Capital Partners, Bjorn Oste, Michael Krupka | Announced |