AeroFarms
AeroFarms is a Certified B Corporation that operates a 140,000-square-foot aeroponic vertical farm in Danville, Virginia, producing eight microgreen varieties sold through approximately 2,000 U.S. retail locations including Whole Foods Market, Costco, and Walmart.
- Company typePrivate
- Founded2004
- HeadquartersNewark, United States
- Headcount101–250
- GTM typeB2B
- OfferingHardware or Manufacturing
What AeroFarms does
AeroFarms is a Certified B Corporation and indoor vertical farming company founded in 2004, operating a 140,000-square-foot growing facility in the Cane Creek Centre industrial park in Danville/Ringgold, Virginia, with corporate roots in Newark, New Jersey. The company grows eight varieties of microgreens (Micro Bok Choy, Micro Kale, Micro Super Mix, Micro Broccoli, Micro Arugula, Micro Spicy Mix, Micro Wasabi Mustard, and Micro Rainbow Mix) using a proprietary aeroponic system in which plant roots are misted with targeted nutrients, water, and oxygen in a closed loop, paired with custom LED light algorithms and machine-vision monitoring. According to company disclosures, the system uses up to 95% less water than field farming and 230x less land, while enabling year-round production independent of weather.
The business model is B2B2C consumer packaged goods: AeroFarms sells packaged microgreens through a network of approximately 2,000 retail locations including Whole Foods Market (eight-year partner), Costco (250+ stores), Harris Teeter, H-E-B, The Fresh Market, Walmart, Stop and Shop, Amazon Fresh, FreshDirect, and Hmart, with secondary foodservice distribution. Pricing is set at retail through partner stores and is not publicly disclosed. Distribution is U.S.-only and concentrated around the East Coast given the single Virginia production footprint.
AeroFarms is the legal entity New AeroFarms, Inc. (d/b/a AeroFarms), a privately held corporation domiciled in Virginia. The company's history includes a 2021 announced SPAC merger with Spring Valley Acquisition Corp at a $1.2B valuation, a 2023 Chapter 11 bankruptcy filing, emergence and return to profitability in subsequent quarters, a December 2025 near-shutdown triggered by withdrawal of funding from its largest investor, and acquisition by an affiliate of Palm Ventures in April 2026, accompanied by appointment of former Kraft Heinz and Anheuser-Busch InBev executive Gustavo Burger as CEO. Headcount at the Virginia facility stood at approximately 173 prior to the December 2025 turbulence and remains in the 101–250 firmographic range.
AeroFarms firmographics
Firmographics- Name
- AeroFarms
- Legal name
- New AeroFarms, Inc.
- Website
- https://aerofarms.com
- Company type
- Private
- Founded year
- 2004
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- AeroFarms is a Certified B Corporation that operates a 140,000-square-foot aeroponic vertical farm in Danville, Virginia, producing eight microgreen varieties sold through approximately 2,000 U.S. retail locations including Whole Foods Market, Costco, and Walmart.
- Ownership category
- akta.pro rank
AeroFarms industry classification
Industry- Product category
- Indoor Vertical Farming
- akta.pro primary industry
- Sprouts & Microgreens Farming (Alfalfa Sprouts, Microgreens, Wheatgrass) (AFAGADAL)
- akta.pro secondary industry
- Greenhouse Herb & Microgreens Production (Culinary Herbs, Microgreens) (AFAGAHAC)
Keywords
Where AeroFarms is headquartered
LocationHeadquarters
- HQ city
- Newark
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
AeroFarms business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Personnel, Technology or R&D, Infrastructure, Supply Chain, Marketing or Sales
Revenue model
- Microgreens Product Sales: Sale of fresh microgreens including micro broccoli, micro kale, micro arugula, micro bok choy, micro wasabi mustard, micro rainbow mix, micro super mix, and micro spicy mix through retail and foodservice channels.
- Retail Distribution: Products sold through major retail partners including Whole Foods Market, Costco, Harris Teeter, H-E-B, The Fresh Market, FreshDirect, Stop and Shop, Walmart, and Amazon Fresh.
Go-to-market motion2 records
Distribution channels10 records
Marketing channels6 records
AeroFarms product offering
Product offeringCore offering
AeroFarms operates indoor vertical farming facilities that grow and sell a portfolio of microgreen products (micro broccoli, kale, bok choy, arugula, wasabi mustard, and specialty blends) using proprietary aeroponic technology and custom LED lighting. The company manufactures and distributes ready-to-eat, pesticide-free microgreens through national grocery retail chains and e-commerce platforms across the United States.
Product overview
AeroFarms is a vertical farming company offering a portfolio of microgreen products grown using proprietary aeroponic technology. Their core products include eight microgreen varieties (Micro Bok Choy, Micro Kale, Micro Super Mix, Micro Broccoli, Micro Arugula, Micro Spicy Mix, Micro Wasabi Mustard, and Micro Rainbow Mix) complemented by their FlavorSpectrum™ brand philosophy. All products are grown indoors in controlled environments using their AeroponicAdvantage™ system, which delivers superior flavor through custom light algorithms, nutrient recipes, and stress conditioning. The company operates from facilities in Danville, Virginia and Ringgold, Virginia, distributing nationwide through retail partners including Whole Foods Market, Costco, Harris Teeter, H-E-B, and Amazon Fresh.
Differentiator
Problem solved
Functional benefit
Products and services
- Micro Bok Choy A microgreen variety featuring slightly sweet notes in the purple portion of the FlavorSpectrum; nutritious addition to salads, sandwiches, stir-fries, and smoothies; ready to eat with no dressing needed.
- Micro Kale Sweet and clean kale microgreens that are tender and mild; rich source of sulforaphane, a sulfur-rich compound studied for antioxidant and disease prevention properties.
- Micro Super Mix Powerhouse blend of sweet kale, red cabbage, and juicy bok choy for a hearty personal salad; red cabbage microgreens have up to 6x more vitamin C and up to 260x more beta carotene than mature red cabbage.
- Micro Broccoli
- Micro Arugula Peppery and bright microgreen that adds bold spice to any dish; rich source of Vitamin C, beta carotene, and Vitamin E.
- Micro Spicy Mix
- Micro Wasabi Mustard
- Micro Rainbow Mix
Quantifiable outcome
- 95% less water usage than traditional farming
- +7 more outcomes
Companies that use AeroFarms
Customer profileNamed customers10 records
Segments3 records
Ideal customer profiles2 records
AeroFarms technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability2 records
Feature5 records
AeroFarms partnerships and signals
Strategic signalScale indicators11 records
Recent moves7 records
Expansion highlights5 records
AeroFarms competitors and assessment
Company assessmentMarket position
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
AeroFarms social profiles
Digital presenceAeroFarms compliance and trust
Trust signalCompliance5 records
AeroFarms financial estimates
Financial estimateRevenue estimate
Valuation estimate
AeroFarms leadership team
Management profileNumber of profiles
Profiles4 records
AeroFarms funding detail
Funding detailFunding overview
Funding rounds13 records
Investors14 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
AeroFarms M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about AeroFarms
What does AeroFarms do?
AeroFarms operates indoor vertical farming facilities that grow and sell a portfolio of microgreen products (micro broccoli, kale, bok choy, arugula, wasabi mustard, and specialty blends) using proprietary aeroponic technology and custom LED lighting. The company manufactures and distributes ready-to-eat, pesticide-free microgreens through national grocery retail chains and e-commerce platforms across the United States.
Is AeroFarms a public or private company?
AeroFarms is a private company. It is classified as family owned and is currently operating.
When was AeroFarms founded?
AeroFarms was founded in 2004. It employs 101 to 250 people.
Where is AeroFarms based?
AeroFarms is headquartered in Newark, United States, in the North America region.
How does AeroFarms make money?
Two revenue lines are on record. Microgreens Product Sales are the primary driver. The others are retail Distribution.
Does AeroFarms have an API?
No public API is recorded for AeroFarms.
What industry is AeroFarms in?
AeroFarms's product category is Indoor Vertical Farming. Its primary akta.pro industry code is AFAGADAL, Sprouts & Microgreens Farming (Alfalfa Sprouts, Microgreens, Wheatgrass), with a secondary code of AFAGAHAC, Greenhouse Herb & Microgreens Production (Culinary Herbs, Microgreens).