When David Farquhar joined vertical farming tech provider Intelligent Growth Solutions (IGS) in 2017, the company was, in his words, little more than "an R&D project with no real business structure."
One Brexit and a global pandemic later, Scotland-based IGS is a $300 million+ business, has farms operating on four continents across hundreds of crop species, and employs over 200 individuals. The company, which supplies vertical farm technology to growers rather than growing crops itself, is widely regarded as one of the most successful in an industry still weathering a major correction phase that's seen countless others go bust.
"We built a seriously grown-up business from a scrappy kid," Farquhar tells AgFunderNews during a recent conversation.
That conversation came shortly after Farquhar stepped down from his role as CEO to tackle other challenges around sustainability and global welfare. Below, he discusses what led him to IGS in the first place, how he led the company from R&D to a global player, and what he plans to do next.
Read more at agfundernews.com