80 Acres Farms Company Overview (2024)

FAQs

What exactly do 80 Acres Farms do to grow their plants? ›

A: We grow hydroponically, so our plants' roots hang out in nutrient-rich water—no soil needed. By precisely measuring which nutrients plants are soaking up, we're able to consume 97% less fertilizer. And what's even more awesome, we don't add to agricultural runoff, the number-one polluter of our rivers and streams.

80 Acres Farms was founded in 2015 by Mike Zelkind and Tisha Livingston.

80 Acres Farms has 300 total employees.

80 Acres Farms is completely indoors—its name stemming from the amount of produce they can grow, not the farm's physical size.

80 Acres Farms, a vertical farming leader, operates eight indoor farms built with world-class technology and analytics by the Company's tech-focused subsidiary, Infinite Acres.

At 80 Acres Farms, we're on a mission to change how the world eats. We envision a healthier future for our customers, our employees, and our planet. That's why we set targets for reducing our greenhouse gas (GHG) emissions.

The company was founded in 2015 and is headquartered in Hamilton, Ohio, United States.

A full section contains 640 Acres. A half section (S1/2) contains 320 Acres. A quarter section (NE1/4) contains 160 Acres. An eighth section (N1/2 of NW1/4) contains 80 Acres. A sixteen section (SW1/4 of NW1/4) contains 40 Acres.

To attain $30,000 net farm income – approximately 4½ acres at $19,000 gross income per acre ($6,650 net income); approximately 7 acres at $12,000 gross income per acre ($4,200 net income); and approximately 12 acres at $7,000 gross income per acre ($2,450 net income).

Who has the most farms in the US? ›

While Texas has the largest number of farms, it generates less cash receipts than other states. For instance, in 2021, California produced 11.8% of cash receipts, Iowa produced 8%, Nebraska produced 6.1%, and Texas produced 5.7%.

The average farm size for 2021 is 445 acres, up from 444 acres the previous year. Average farm size increased in the $1,000,000 or more sales class and decreased or remained unchanged in all other sales classes.

Mike Zelkind, CEO of 80 Acres Farms, said he's “proud to call (Hamilton) home,” and is appreciative of the five-year partnership they've had with the city. Founded in Cincinnati in 2015, 80 Acres was a startup indoor farming business aiming to make a name for itself.

How much funding did 80 Acres Farms raise in its latest funding round? 80 Acres Farms raised $160M in its latest funding round, which was Series B round held on Aug 09, 2021.

King Ranch, largest ranch in the United States, composed of a group of four tracts of land in southeastern Texas, totaling approximately 825,000 acres (333,800 hectares).

Though you may not be able to raise a year's worth of food on 1/4 acre in the suburbs, you also don't need a 20 acre homestead. For the average family of four, you can expect to grow a year's worth of food on three to five acres.

With agriculture, people can grow crops and raise animals in a specific area, which can be harvested when needed. This reduces the risk of food scarcity and allows for the development of permanent settlements.

Obviously, if one acre can feed 16 people, that's quite a bit more farming land than is needed in the US.