AEROFARMS ACQUIRED BY AN AFFILIATE OF PALM VENTURES, POSITIONS U.S. MICROGREENS LEADER FOR EXPANDED DISTRIBUTION AND LONG-TERM GROWTH

Microgreens grower AeroFarms acquired by investment firm

Updated 2:18 p.m. June 11: This story has been updated with comments from AeroFarms CEO Gustavo Burger. ___________________ The indoor vertical farming company AeroFarms in Pittsylvania County has been acquired by an investment firm. The buyer is an affiliate of Palm Ventures, a family investment office based in Greenwich, Connecticut, and Austin, Texas, according to a news release.  Thursday’s news release said the transaction closed in April. …

Palm Ventures buys Ringgold's AeroFarms

A Ringgold indoor vertical farming operation that for months was on shaky ground and faced closure has been sold.

AEROFARMS ACQUIRED BY AN AFFILIATE OF PALM VENTURES, POSITIONS U.S. MICROGREENS LEADER FOR EXPANDED DISTRIBUTION AND LONG-TERM GROWTH

/PRNewswire/ -- AeroFarms, an indoor vertical farming company and the leading U.S. supplier of fresh microgreens, today announced its acquisition by an...

Indoor ag firm AeroFarms finds new lifeline with Palm Ventures

AeroFarms’ acquisition by Palm Ventures affiliate highlights a pivot in vertical farming toward profitability, energy efficiency and retailer-driven growth.

AeroFarms sold to Palm Ventures

AeroFarms has announced its acquisition by an affiliate of Palm Ventures, an Austin and Greenwich-based family investment office. The transaction was completed in April 2026. Under the new ownership, Gustavo Burger, whose prior experience includes leadership roles at Kraft Heinz and Anheuser-Busch InBev, now leads a new…