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DateInvestorsAmountRound

$2.3m

Seed

$5.0m

Seed

$15.0m

Seed

N/A

-
N/A

$122m

Series A
Total Funding€131m

Recent News about Upward Farms ( Formally Edenworks )

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More about Upward Farms ( Formally Edenworks )
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Edenworks, also known as Upward Farms, was a startup operating in the vertical farming sector. The company was based in Brooklyn and aimed to revolutionize the food industry by growing high-quality food in urban environments. Their mission was to enhance the connection between food and the environment, addressing the pressing issue of food sustainability in the face of climate change.

The company's business model revolved around utilizing vertical farming techniques, a method of growing crops in vertically stacked layers, to produce food in urban areas. This innovative approach aimed to reduce the distance food travels from farm to table, thereby reducing carbon emissions and ensuring fresher produce.

Edenworks served a diverse range of clients, including individual consumers, restaurants, and grocery stores. The company generated revenue by selling the produce grown in their vertical farms.

However, despite their noble mission and innovative approach, the company faced numerous challenges in the complex vertical farming sector. These challenges eventually led to the closure of their Brooklyn Headquarters Farm and their exit from the vertical farming industry.

Despite this setback, the founders remain hopeful about the future of food production, believing that the integration of controlled environment agriculture and traditional agriculture can lead to exciting outcomes.

Keywords: Vertical Farming, Urban Agriculture, Food Sustainability, Climate Change, Controlled Environment Agriculture, Traditional Agriculture, Fresh Produce, Carbon Emissions, Food Industry, Innovation.