| Founded | 2004 |
|---|---|
| Closed | 2023 |
| Country | USA |
| Sector | Agriculture |
| Total raised | ~$238M USD |
| Collapse type | Slow Death |
| Founder | David Rosenberg |
AeroFarms
"The vertical farming pioneer that turned a 70,000 sq ft Newark steel mill into the world's largest indoor farm — and proved the model couldn't pay its electricity bill"
Years-long decline before final shutdown
Key Events Timeline
AeroFarms was founded in 2004 around aeroponic growing technology developed at Cornell University, with David Rosenberg as CEO and Marc Oshima as co-founder and CMO.
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