CubicAcres nets $3.7M to scale VF facility
Added on 25 July 2023
The partnership’s ambitious venture is the construction of a fully automated, state-of-the-art vertical farming facility, a pioneering development for Long Island. The facility is projected to produce one million heads of lettuce annually. Beyond this, further expansion plans indicate that the completely automated “from seed to salad” farm could generate approximately three million heads of lettuce each year from an 11,000 square foot production facility.
Steve Gereb, Head of North American Operations for IGS, expressed his enthusiasm about the groundbreaking collaboration. “Working with Ryan and CubicAcres has been a significant step on our path to bringing IGS to the North American market,” said Gereb. He added, “Since launching our US headquarters last year, we have grown our team to 15 deployment and operational experts in the region, supported by our more than 200-strong global team. We are excited to continue our collaboration with CubicAcres as we deliver best-in-class technology to customers across the world, enabling them to reliably grow the highest quality produce 365 days a year.”
Echoing Gereb’s enthusiasm, Ryan McGann, CEO of CubicAcres, highlighted the significance of bringing this cutting-edge vertical farming technology to Long Island. “Our partnership with IGS will meet the insatiable demands we have experienced in the LI and NYC markets for high-quality, year-round produce,” stated McGann. “By situating our vertical farm within the heart of Long Island’s agricultural districts, we aim to demonstrate an effective blend of vertical and traditional farming methodologies.”
Image provided by CubicAcres
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