Vertical farming innovator Infinite Acres is on a mission. They have created a highly efficient and optimized way of farming, capable of producing an abundance of crop varieties year-round. They grow completely indoors, using 100% renewable energy. They use no pesticides and eliminate excessive food miles. “Bringing such an innovative farm to the world is a huge technological and business challenge,” according to Mike Zelkind, CEO of 80 Acres Farms. “A key to success is working with partners like Signify."
Vertical farming has the potential to improve the way we feed the world. The global population is growing rapidly and is increasingly urbanized. Climate change makes growing conditions less predictable. Vertical farming can provide reliable, sustainable production of healthy foods grown close to the consumer.
But vertical farming is a relatively new industry, with all the challenges that involves. Mike Zelkind is the CEO of 80 Acres Farms, in Hamilton, Ohio, in the USA. It’s the parent of Infinite Acres, the company’s dedicated technology subsidiary. Their first R&D farm opened just six years ago in 2016. “As with all industry innovators, there is enormous pressure to prove your business model and scale up to profitability as quickly as possible,” says Mike.