iFarm listed as a high-potential company on Impact Index

iFarm has recently been included in Impact Index as a high-potential company that can have a positive impact on a global scale and generate substantial change for underserved communities.

Impact Index is a platform that showcases the most impactful startups and connects them with investors and partners. Partnered with +Impact by Danske Bank, Impact Index assesses impact-focused startups using information from a comprehensive dataset, which allows them to create detailed profiles and unique Archetypes for each company. The evaluation process uses a custom methodology:

iFarm’s profile is categorized under the Wunderkind Archetype, emphasizing a high level of scalability as an early growth company with a relatively low risk that impact will be different than expected. This archetype highlights a large scope of impact with the potential to promote great change on stakeholders’ lives. The impact comes from iFarm’s technology, which enables the creation of vertical farms that produce food all year round with significant savings of energy, soil, water and labour when compared with conventional farms and greenhouses. For example, vertical farms built with iFarm’s technology use 90% less water, 75% less fertilisers and no pesticides. This is definitely a bright example of sustainable agriculture.

iFam received a high score in scalability, as the vertical farms using iFarm’s technology allow for local production of the required products regardless of the season, climate zone and location. Furthermore, iFarm demonstrates a high level of transparency based on its efforts to disclose its activities and impact of its operations.

Impact Index was created by the Startup Guide, a publisher that helps investors navigate and connect with different startups across the world. By being part of Impact Index, impact-driven startups are able to build their credibility and have the opportunity to attract investors in order to realise their full potential and scale the impact.

Get in touch with iFarm today to discuss how to invest in or use vertical farming technologies.

22.12.2020