Resolving the water wars: The 4 key drivers of indoor vertical farming success
Continued droughts and climate change have elevated consumer and government concerns about water consumption, particularly for food production. While nuts might be the thirstiest crop, fruits and vegetables also need a lot of watering. The epicenter of the “water wars” is California, pitting rural against urban, golf courses against grapes and lawns against lettuce. Innovators have sought solutions including micro-irrigation technology, gene-edited crops with lower water footprints and recycling, but none have attracted investor attention like vertical farming. Between 2019 and 2026, indoor farming is predicted to grow to $22 billion. Raises this year include greenhouse Gotham Greens ($310 million) and indoor vertical farm Plenty ($400 million).
Related article: