Vertical Future listed as the #1 controlled-environment-agriculture technology company globally in the “FoodTech500”.
UNITED KINGDOM: UK-based CEA technology and data company Vertical Future has been recognised as the #1 CEA technology company globally in this year’s FoodTech500. VF also ranked #12 amongst all companies globally in the food technology space, a 35-position rise through the ranks compared to 2023. VF designs, manufactures, and deploys intelligent autonomous CEA systems across the globe with several use cases such as pharmaceuticals, nutraceuticals, integration with greenhouses, and even research and development for application in outer space.
From Grower to Tech Developer
The independent recognition validates VF’s innovative, unique model. The model has, since transitioning from grower to tech developer in 2018, been led by a perfect blend of plant science and technology, in both hardware and software. The recent achievement comes after eight years of hard work and pivotal strategic decisions, such as moving almost every operation in-house (including manufacturing). The company has been focusing on scale to achieve price parity, championing a science-led approach, and providing products and services to secondary markets.
More on the FoodTech500
FoodTech500 by Forward Fooding is the world’s first list of global entrepreneurial talent at the intersection of food, technology, and sustainability. Since its launch in 2019, it had over 9,000 applicants, reached over 180 countries, and amounted to $24.6 billion USD in investment raised by the winners. The ranking is based on business size, digital footprint, and sustainability practices.
Commenting on the achievement, Jamie Burrows, Founder and CEO of Vertical Future, said:
“We are delighted with Vertical Future’s recent recognition as the #1 CEA technology company globally and #12 amongst the entire global Food Technology community on the FoodTech500 list. It’s the market telling us that our almost eight years of hard work, movement from being an operator to a tech and data company, and constant push to develop the best system and overall model have not been in vain. Strategic decisions combined with our hard work and top-of-the-range, innovative offerings are all factors that together make Vertical Future unique. Our journey is far from over.”
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Find the story on Fruitnet here and visit the Forward Food website to find out more here.
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