The brief

Analyst view

• Exited Chapter 11 in 2025 with One Madison and SoftBank financing; now focused on premium strawberries.
• Richmond farm (Sep 2024) manages 12 rooms with AI, analyzing 10M+ data points daily for plant optimization.
• Holds more U.S. patents than competitors in vertical farming; maintains R&D in Laramie, Wyoming.

Technical approach

As reported

Vertical Growing

30-foot towers for efficient space use

Strawberries grow vertically in stacked layers on 30-foot-tall towers, using 97% less land than conventional farms and 90% less water.

AI Optimization

Machine learning tunes growing conditions

Sensors track temperature, humidity, light, and nutrients across 12 rooms. AI adjusts each room's environment based on plant stage and real-time data.

Year-round Production

Independent of weather or season

Climate control enables consistent strawberry production every day of the year, no weather delays, no seasonal gaps.