Famgro vertical farms says it can compete with conventional farms
Prior to starting Famgro Farms, Fambro, who is an electrical engineer by training, raised $30-$40 million to start electric car company Aptera Motors in 2006. While working at Aptera, Fambro and his wife converted to an organic lifestyle.
“After buying organic produce for a few years I started asking myself why are these products so expensive?,” Fambro said. “I determined a large part of the cost of organic farming is the labor, including the weeding, tending to the plants, etc. I hypothesized that if we could think about things differently and design from the ground up with scale and automation in mind, then we could lower the cost of food. That was really the genesis of Famgro Farms.”
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