TO IMPROVE THE HEALTH OF SOCIETY AND THE PLANET
The inspiration for BrightFarms grew out of our desire to grow food in the same communities where it’s consumed— food that’s fresher, tastier, and better for the environment.
Another of the big-money startups, BrightFarms has so far raised more than $112 million since its establishment in 2010, according to CrunchBase.
But unlike some of the other big companies, it isn’t into aeroponics as much. It seems more interested in hydroponics, which refers to growing plants with water, or, to be more accurate, mineral nutrient solutions in a water solvent.
Neither aquaponics nor hydroponics use soil. How each one compares in terms of quality, efficiency and profitability will probably only become clear a few years from now when we see how well these companies have done. Chances are they’ll all probably use a mix of systems.
BrightFarms has a long list of impressive-sounding partners, including Giant, Walmart and Metro Market, among others.