Global segment ranking · Food & agriculture › Agriculture

The world’s most valuable vertical farming startups

Edition 0 (beta)·Published 5 Oct 2026·Next scheduled update 24 Jan 2027

Companies growing crops indoors in stacked layers under artificial light, and companies selling the systems that run such farms (towers, containers, automation). Ranked worldwide by AI-estimated valuation, after a 2023-26 shake-out that wiped out most of the sector's former unicorns. The market sets the value; our AI estimates it.

Twice a year Claude · multi-AI consensus in a future edition· Method· Order never changed by a human

Declare an interest in Vertical farming

Key metrics for this segment: scale / traction. Figures as published by each company or the press, dated, not recalculated. The AIs weigh them alongside funding history and comparables.

Not in this segment. High-tech greenhouses grow under sunlight, not in stacked layers, and are not ranked here: Gotham Greens, Little Leaf Farms, Hippo Harvest, Pure Harvest, iyris (ex Red Sea Farms), Revol Greens. Home growing devices (Gardyn) belong to consumer hardware; LED makers to their own industry. Shut down or insolvent: Bowery Farming (2024), 80 Acres Farms (Chapter 7, Aug 2026, with Soli Organic), Infarm, Kalera, Freight Farms, Eden Green, AppHarvest, Jones Food Company, Vertical Future, Futura Gaïa, Jungle, Agricool, Future Crops, Seasony, Spread (Japan). Not eligible because entirely bought: AeroFarms (Palm Ventures, 2026), GrowUp Farms (Sun Capital, 2025), Bustanica (Emirates Flight Catering). Companies without a disclosed equity round of at least USD 1M (Growy, Farm8, OnePointOne) are not ranked. Chinese companies are never ranked. A company appears in one segment only. Method

The segment at a glance

12companies ranked

13companies on the radar

9countries in the ranking

4listed benchmarks

Sources: Company announcements, AgNavigator, FoodBev, AgFunderNews, HortiDaily, Vertical Farm Daily, iGrow News, TechCrunch, Press Herald, Pambianco, Private Equity Media, FinSMEs, Wowtale, Food Supply, Newsfile. Intention counters will be shown above a threshold of amount and number of Backers.

Rankings by region

Filter the ranking and the Radar. Ranks stay worldwide. Regional pages: Asia · Europe · North America · Oceania.

Global ranking · Vertical farming

Top 12 Radar Challengers

First edition: no movements yet.

World · 12 ranked companies

#	Company	Last round · Key metrics	Estimated valuation (AI) · range	Confidence	Back
1	OishiiUnited States · North AmericaSources: 1 · 2	Series C (first close) · USD 150M · May 2026Premium vertical-farm strawberries sold in 18 US states and Toronto; about USD 370M raised in total · May 2026	Last known equity round: Series C (first close) · USD 150M · May 2026 (SPARX Asset Management; Nomura Real Estate Development, MISUMI, Mizuho Bank) No confirmed published valuation Confidence index: HighMethod	Solid sources	Back
2	Planet FarmsItaly · EuropeSources: 1 · 2 · 3	Capital increase · USD 40M · Nov 2023Revenue above EUR 12M (estimate); 20,000 m² Cirimido farm opened Oct 2025; UK farm with Swiss Life planned for 2027 · 2025	Last known equity round: Capital increase · USD 40M · Nov 2023; plus a 2025 joint venture with Swiss Life Asset Managers of up to EUR 200M for new farms No confirmed published valuation Confidence index: MediumMethod	Partial sources	Back
3	GoodLeaf FarmsCanada · North AmericaSources: 1 · 2 · 3	Equity round · CAD 52M (about USD 37M) · Nov 20253 farms, over 280,000 sq ft; over 2,700 retail locations in Canada · Jan 2025	Last known equity round: Equity round · CAD 52M (about USD 37M) · Nov 2025 (Farm Credit Canada, Power Sustainable Lios, McCain Foods) No confirmed published valuation Confidence index: HighMethod	Solid sources	Back
4	Intelligent Growth SolutionsUnited Kingdom · EuropeSources: 1 · 2	Series C · GBP 22.5M (about USD 29M) · Jan 2024First phase of a 200-tower GigaFarm in Dubai nearing completion; 100-tower deal with Empire State Greenhouses (New York) · Jun 2026	Last known equity round: Series C · GBP 22.5M (about USD 29M) · Jan 2024 (The Sustainable Food Group (COFRA); DC Thomson, S2G Ventures, Scottish Enterprise) No confirmed published valuation Confidence index: MediumMethod	Partial sources	Back
5	Stacked FarmAustralia · OceaniaSources: 1 · 2 · 3	Equity round · AUD 40M (about USD 26M) · 2023Over 400 t a year at Arundel (Gold Coast); Melbourne Airport farm designed for 3,400 t a year · 2025	Last known equity round: Equity round · AUD 40M (about USD 26M) · 2023; followed in Jan 2025 by AUD 150M of mixed debt and equity (Magnetar, Tribeca), split undisclosed No confirmed published valuation Confidence index: MediumMethod	Partial sources	Back
6	N.ThingSouth Korea · AsiaSources: 1 · 2	Series B · USD 21M · Oct 2021Planty Cube container farms; one CUBE facility grows 110 t of lettuce a year; expanding in the Middle East and Southeast Asia · 2025	Last known equity round: Series B · USD 21M · Oct 2021 (InterVest, Kiwoom Investment); strategic investment from Deepstone Investment in Mar 2025, amount undisclosed No confirmed published valuation Confidence index: MediumMethod	Partial sources	Back
7	LjusgårdaSweden · EuropeSources: 1 · 2 · 3	Share issue · SEK 125M (about USD 11M) · Jan 2025Revenue SEK 34M (operating loss SEK 107M); pivoting from leafy greens to medicinal plants · 2023	Last known equity round: Share issue · SEK 125M (about USD 11M) · Jan 2025 (major shareholders incl. Philian, Back In Black) No confirmed published valuation Confidence index: HighMethod	Solid sources	Back
8	Babylon Micro-FarmsUnited States · North AmericaSources: 1 · 2	Series A · USD 8M · Jan 2022Over 350 on-site micro-farms in 5 countries (hospitals, hotels, schools) · Sep 2026	Last known equity round: Series A · USD 8M · Jan 2022 (Venture South; Virginia Venture Partners, Hull Street Capital, New Theory Ventures) No confirmed published valuation Confidence index: LowMethod	Weak sources	Back
9	Elevate FarmsCanada · North AmericaSources: 1 · 2	Pre-Series B · CAD 6.7M (about USD 4.9M) · Mar 2026Fieldless Farms brand sold at Farm Boy and select Loblaws stores in Ontario · Mar 2026	Last known equity round: Pre-Series B · CAD 6.7M (about USD 4.9M) · Mar 2026 No confirmed published valuation Confidence index: HighMethod	Solid sources	Back
10	iFarmFinland · EuropeSources: 1 · 2	Seed · USD 4M · Aug 2020Vertical-farm technology with clients in 14 countries; automated farm with Hygrow in Switzerland · 2022	Last known equity round: Seed · USD 4M · Aug 2020 (Gagarin Capital and others) No confirmed published valuation Confidence index: MediumMethod	Partial sources	Back
11	AvisomoNorway · EuropeSources: 1	Equity round · EUR 3.4M (about USD 3.7M) · Jan 2025Key metrics not disclosed	Last known equity round: Equity round · EUR 3.4M (about USD 3.7M) · Jan 2025 (existing investors); plus a EUR 1.6M Innovation Norway grant No confirmed published valuation Confidence index: LowMethod	Weak sources	Back
12	Vertical HarvestUnited States · North AmericaSources: 1 · 2	Series A · USD 8.3M · 2022Two farms (Jackson WY, Westbrook ME); foreclosure complaint on its C-PACE loan dismissed after payment · Sep 2026	Last known equity round: Series A · USD 8.3M · 2022 (FundHER World Capital); plus USD 59.5M of mostly debt for its Westbrook (Maine) farm in 2024 No confirmed published valuation Confidence index: LowMethod	Weak sources	Back

Back · Declaring an intention does not mean this company is raising funds. · Terms

Ranking in descending order of AI-estimated valuation, based on public information, with no human intervention on the order. The valuations, ranges and brackets shown are editorial estimates produced by AI, purely indicative and imperfect by nature: neither a financial valuation, nor an offer, nor investment advice. Only the market sets a company’s value, through a funding round or a sale. Edition 0: produced by Claude (Anthropic); a consensus of several AI models will apply in a future edition. Eligibility: at least $1M raised including one equity round, non-listed company, main activity in this segment (vertical farming). Country shown is the country of main operations. Request a correction

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How to read this ranking

Rank

Companies are ranked by AI-estimated valuation, highest first. The market sets the value; our AI estimates it.

Estimate

An AI-estimated valuation, its uncertainty range and its order of magnitude. Indicative, and imperfect by nature.

Hundreds of k$
Millions $
Tens of M$
Hundreds of M$
Unicorn
Decacorn
Hectocorn

Confidence

High: recent published valuation or round (under 24 months).
Medium: older data.
Low: single or unconfirmed source.

Full method →

Invest in vertical farming, together

Uback aggregates investment intentions from business angels, family offices, corporates and sector specialists worldwide. Every ranked company already has professional investors on its cap table, who have negotiated a shareholders’ agreement: you don’t start from a blank page.

Strength in numbers

Alone, a small ticket opens no doors. Together, Backers carry weight.

Declare an intention

On a company, whether or not it has agreed, or on this segment, worldwide, in a region or in a country, with a ticket range. Paid, to show you are serious; valid for life, and movable until a deal process opens.

Critical mass is reached

When the pool’s combined amount reaches its critical mass, a floor amount estimated by the AI, the pool is passed to the local partner, who presents this demand to the companies concerned.

The local partner structures

If the company’s expectations and the Backers’ converge, the partner builds a transaction and presents it directly to the Backers concerned.

Closing

Capital raise or sale of existing shares: small tickets are pooled in a common vehicle set up by the local partner. Each Backer decides whether to take part.

Uback does not advise, does not negotiate, collects nothing. Each transaction is run by the local partner of the company’s country, under the law that governs its shares.

Get notified when intentions open What happens after my declaration? Intention declarations open once the local partner signs · price per ticket band · valid for life · movable until a deal process opens

Challengers

A registered company raising funds that is not in the ranking will be able, for a fee, to appear in a separate list labelled “Challengers”, for a set period, with a memo available to verified Backers. The listing has no effect on the ranking. Not open yet.

Sponsored space · no Challenger listed yet

Radar · known eligible companies, not ranked

Sorted by date of last round, with no judgement and no AI call.

Swegreen · Sweden · EuropeMar 2026 · SEK 20M (about USD 2.2M)Back
Plenty · United States · North AmericaMay 2025; recapitalised out of Chapter 11, former equity wiped out; amount undisclosedBack
Arable · Saudi Arabia · Middle East & North AfricaJan 2025 · USD 2.5MBack
hexafarms · Germany · EuropeMay 2024 · EUR 1.3MBack
Archisen · Singapore · AsiaNov 2023 · USD 1.7MBack
Agricola Moderna · Italy · EuropeJul 2023 · EUR 15M; invested in the Agnadello farm company, not the groupBack
Pink Farms · Brazil · Latin America & CaribbeanDec 2022; target about BRL 15MBack
Fischer Farms · United Kingdom · Europe2022 · GBP 26M; equity/debt split undisclosedBack
Fork Farms · United States · North AmericaAug 2021 · USD 2MBack
UrbanKisaan · India · AsiaJul 2021; about USD 1.5M raised in totalBack
The Growcer · Canada · North America2021 · USD 3M; bought Freight Farms assets in Jul 2025Back
Nordic Harvest · Denmark · EuropeDec 2020 · DKK 62MBack
Square Roots · United States · North America2017 · USD 5.4M; now runs farms at Gordon Food Service and UNFI sitesBack

Listed benchmarks

Not ranked: no intention is possible on a listed company.

Local Bounti · United StatesNYSE · LOCL
Edible Garden · United StatesNasdaq · EDBL
CubicFarm Systems · CanadaTSXV · CUB
Signify (horticultural lighting) · NetherlandsEuronext Amsterdam · LIGHT

Sources and method for this segment

Calendar. Global segment rankings are published twice a year. Next edition: January 24, 2027.

Eligibility. At least $1M raised including one equity round, non-listed company, main activity in this segment (vertical farming). A company appears in one segment only.

Sources. Company announcements, AgNavigator, FoodBev, AgFunderNews, HortiDaily, Vertical Farm Daily, iGrow News, TechCrunch, Press Herald, Pambianco, Private Equity Media, FinSMEs, Wowtale, Food Supply, Newsfile.

Method and rules, common to all rankings →

The world’s most valuable vertical farming startups

Rankings by region

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