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IKEA, David Chang and ruler of Dubai invest $40 million in AeroFarms vertical farming

November 20, 2017 /

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Bear Paw Development Corporation is a private non-profit organization created for the purpose of administering programs to help improve regional economic conditions in Hill, Blaine, Liberty, Chouteau and Phillips Counties and the Fort Belknap and Rocky Boy's Indian Reservations.

If there was any question that indoor vertical farming is the future of agriculture, the latest announcement from AeroFarms will remove any doubt. The revolutionary company just secured a whopping $40 million in financing from world-renowned chef David Chang, megabrand IKEA and the ruler of Dubai — Sheikh Mohammed bin Rashid. The company intends to use the money to address the escalating challenge of bringing healthy, sustainable food to the growing global population using their innovative aeroponic growing system.

by Kristine Lofgren