AeroFarms raises equity financing to fund pre-construction activities for its second farm while refinancing debt for ongoing operations. The funding was supported by investors including Grosvenor Food & AgTech, Ingka Investments, and Cibus Capital.

AeroFarms, a leading indoor vertical farming company, has refinanced its debt and raised equity to support ongoing operations and expansion activities for its second farm in Danville, Virginia. The funding aims to ensure local food production of nutritious microgreens while promoting sustainable farming practices. Executive Chair Molly Montgomery thanked financial partners for their support in this endeavor. Various existing investors, including Grosvenor Food & AgTech, participated in this funding round.