Vertical Future Limited

Vertical Future Limited is a pioneer in integrated vertical farming systems, utilizing advanced technologies to revolutionize urban agriculture and enhance sustainability. Founded in 2016, Vertical Future Limited is headquartered in London, UK. The company specializes in developing automated vertical farms that cater to various clients, including restaurants and households. Jamie Burrows and Marie-Alexandrine Burrows established the company, with Jamie Burrows serving as CEO.

Vertical Future has raised GBP 21. 26 million in Series A funding as of November 19, 2021, with a total amount raised of GBP 21. 26 million and a current valuation of GBP 96. 922 million.

Vertical Future specializes in the development and deployment of integrated vertical farming systems, primarily through their proprietary Software-as-a-Service (SaaS) platform, DIANA. Their core offerings include fully automated vertical farms that utilize advanced technologies such as multi-spectral LED lighting, bespoke suspended growing systems, and a data-driven approach to plant growth. These systems are designed to optimize crop yield, quality, and operational efficiency while minimizing reliance on human labor, thereby addressing the challenges associated with traditional outdoor farming. Their products cater to a diverse client base, including restaurants and households across the UK, as well as potential global markets looking for sustainable agricultural solutions.

Vertical Future's innovative approach aims to tackle pressing food, water, and reforestation needs, positioning them as leaders in the Controlled-Environment Agriculture (CEA) sector. Vertical Future generates revenue through a combination of subscription-based services and project-based contracts. Their flagship SaaS solution, DIANA, provides ongoing operational support, data analytics, and maintenance services to clients, establishing a recurring revenue stream. Clients typically engage in long-term contracts that encompass the design, construction, and ongoing operation of vertical farms, ensuring a stable and predictable income for the company.

The financial structure may involve upfront costs associated with the installation of farming systems, followed by ongoing fees for the use of DIANA and related services. This model effectively positions Vertical Future to leverage its technological expertise while delivering customized farming solutions to its partners and clients in various markets. In November 2021, Vertical Future Limited raised GBP 21. 26 million in Series A funding from new investors Dyfan Investment, Nickleby Capital, and Pula Investments, alongside returning investor SFC Capital.

The funding will be utilized to advance the deployment of its vertical farms, integrate specific manufacturing capabilities, and expand its team, which is expected to exceed 60 employees by the end of Q2 2022. The company aims to target new geographic markets for expansion, although specific regions have not been disclosed.