80 Acres Farms
fund manager
sector
B2C
geography
North America
Vintages
status
Portfolio
category
#ImpactPositive

80 Acres Farms

Co-invested company
80 Acres Farms is an innovative agricultural company specialising in vertical and urban agriculture, producing fresh, healthy and sustainable food through the use of new technologies, such as robots and artificial intelligence.

Key figures for 80 Acres Farms

450%
revenue growth since 2015
600
Points of Sale
97%
reduced water consumption compared with traditional agricultural structures
200
employees
*Source: Public data from company websites and social networks. For the most up-to-date information, we invite our investors to consult the reports available in their own space.

About 80 Acres Farms

80 Acres Farms has revolutionized agriculture with its vertical farms, which consume a tiny fraction of the water of traditional methods, while being powered by renewable energy sources.

Its autonomous structures, free from soil and weather constraints, rely on robotic technologies and innovative analyses to offer consumers a wide range of pesticide-free foods with extended shelf life, meeting the strictest food safety standards.

By making optimum use of space, these facilities can produce up to 300 times more food per square metre than a traditional farm, while reducing CO2 emissions through local distribution. They also optimize water and land use, helping to reduce agricultural waste.

Mike Zelkind, co-founder and CEO, is delighted with this major breakthrough: "Just 10 years ago, this project was the stuff of science fiction. Tomorrow, vertical farms will be so ubiquitous that people will wonder how we ever managed without them."

Based in Ohio, 80 Acres Farms now supplies over 600 retail and foodservice stores nationwide.

Awarded at the Vertical Farming World Awards for its innovations, notably in the "Best Crop Innovation" and "Best Water Saving Initiative" categories.

It generated sales of around 9 million euros in 2022, recording growth of 23% over the previous year. Its growth trajectory should reach almost 250% in 2023.

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