Palm Ventures Affiliate Acquires AeroFarms to Expand Distribution and Growth
June 11, 2026
AeroFarms, a U.S. indoor vertical farming company and leading supplier of fresh microgreens, was acquired by an affiliate of Palm Ventures. The deal closed in April 2026; financial terms were not disclosed. Palm Ventures’ investment is intended to expand distribution and improve AeroFarms’ long-term growth and profitability by significantly reducing debt, with Gustavo Burger appointed CEO to lead the new management team.
- Buyers
- Palm Ventures (affiliate), Bradley Palmer (Palm Ventures, founder)
- Targets
- AeroFarms
- Platforms
- Palm Ventures
- Industry
- Food & Beverage
- Location
- Virginia, United States
- Transaction Type
- Buyout
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