Giant vertical farm opens in Denmark
In a 7000-square-meter hangar are installed Fourteen layers of racks soar from floor to ceiling, with a purple glow light that illuminates stacked boxes were lettuce, herbs, and kale will…
Corporate Highlights
Beyond Farming by Sprout AI is set to disrupt the food supply chain.
24.8% CAGR to a US$12.4 market by 2026
Multiple Advantages Over Traditional Farming Methods
Environmental, quality, safety, security and product availability
Sprout AI’s Optimized Components
Self-contained aeroponics in any indoor space, powered by artificial intelligence set Sprout AI to become an industry leader
Massive Data Collection Capability
Grow statistics collected from Sprout AI habitats across the globe
Global Reach
Established relationships throughout the world
(1)Fortune Business Insights. “Vertical Farming Market Size, Share & Industry Analysis, By Type (Hydroponics, Aeroponics, and Aquaponics), By Structure (Building-Based, Shipping-Container), By Component (Lighting System, Irrigation and Fertigation System, Climate Control, Sensors, and Others) and Regional Forecast, 2019 – 2026.”
The Market for
Vertical Farming
Evolving market conditions are making vertical farming operations more relevant in today’s food supply chain.
The vertical farming industry is expected to achieve significant growth.
24.8% CAGR to a US$12 Billion Market by 2026(2)
The global vertical farming market size stood at US$2.13 billion in 2018 and is projected to reach US$12.04 billion by 2026, exhibiting a CAGR of 24.8% during the forecast period.
Vertical Farming
A cultivation method in which various types of products are cultivated in vertically arranged layers, in unused vertical spaces of skyscrapers, warehouses, shipping containers, and other structures.
The industry can be subdivided based on growing system (hydroponic, aeroponic and aquaponic) and structure (building vs container).
(1)Graph based on Fortune Business Insights data in (2) below assuming a CAGR of 24.8%
(2)Fortune Business Insights. “Vertical Farming Market Size, Share & Industry Analysis, By Type (Hydroponics, Aeroponics, and Aquaponics), By Structure (Building-Based, Shipping-Container), By Component (Lighting System, Irrigation and Fertigation System, Climate Control, Sensors, and Others) and Regional Forecast, 2019 – 2026.”
Leadership
Sprout AI has assembled a team of complementary skillsets
to position itself for growth across the world
Chris Bolton
BA (Hons), LLB
CEO and Director
Experienced with plan, design, implementation and ongoing support of complex systems.
Joshua Lebovic
CPA, CA
CFO and Director
Accounting and audit expertise gained in high tech, international operations.
Kyle Horak
BS
General Manager and Director
Leadership and project management experience within international operations.
Carlos Zapata
BS
Manager, Manufacturing and Assembly
Knowledge and expertise in operating complex industrial manufacturing facilities.
Board
of Directors
Sprout AI’s Board is focused on
stewarding the company’s growth
profile
Chris Bolton, CEO and Director
Experienced with plan, design, implementation and ongoing support of complex systems.
Kyle Horak, GM and Director
Leadership and extensive project management experience within international operations.
Leanne Likness, Corporate Secretary
Corporate governance, privacy, strategy, enterprise risk management, and compliance.
Joshua Lebovic, CFO and Director
Accounting and audit expertise gained in high tech, international operations.
Kurtis Kisio, Director
Sales driven leader with business development experience and extensive relationships in the energy space.
Advisory
Committee
Focused on business development
and revenue generation opportunities
Audrey Mascarenhas
President and CEO of Questor Technology Inc.
Questor technology converts waste gas into power and heat,
providing further sustainability enhancements to vertical farming
Business Model
Sprout AI is focused on two-pronged approach to commercialize its technology. Both paths are intended to provide ongoing, recurring revenue.
1
Turnkey Unit Sales with Ongoing Support
Paired with it’s reseller TheraCann; who provides full scope cultivation, processing and distribution solutions, Sprout AI delivers turnkey options with its ongoing technology and support.
2
Joint Venture Operations
Sprout AI technology is provided on a 5-year rolling order and maintenance service agreements for a fee and project equity.
ESG Initiatives
Sprout AI is focused on fostering Environmental, Social and Corporate Governance (ESG) Initiatives.
Changing the Way Business is Done
Our goal is to establish the highest environmental, social and governance scores for its industry in each of the countries we operate.
Media
Past, Present and Future of Vertical Urban Farming – Market Size to Grow $12.77 Billion, Globally, by 2026
When the pioneering vertical farms were established around the world, comparatively basic first-generation technology used created relatively inefficient systems compared with today. Although these operations only enabled the most basic…
