AEssenseGrows has won Red Herring’s Top 100 North America award. Winners were selected and announced during a Red Herring ceremony last week in Pasadena, Calif.
"Of course, human hunger strikes the most vulnerable countries and the poorest, and technology would not meet its paramount objective if it was not addressing this issue as well,” said Red Herring Chairman Alex Vieux. Vieux said CEO Robert Chen and AEssenseGrows “have demonstrated that tomorrow, one could put an end to this drama which every year kills millions. Increasing the food supply and multiplying agricultural output, offsetting weather uncertainties--all this combined in one concept deserves utmost attention.
“As a result,” Vieux said, “AEssenseGrows has received the Red Herring Top 100 2019 Award and will continue to expand across the globe."
“We at AEssenseGrows appreciate that Red Herring’s judges see the same value in our products that we see—a unique combination of technology and agricultural sciences that can help feed the world,” said Chen. “We’re extremely proud to stand alongside so many other innovators and game-changers in accepting this award.”
The Top 100 companies were chosen from thousands of entrants, Red Herring said, and the companies were judged by industry experts, insiders and journalists on a wide variety of criteria including financial performance, innovation, business strategy, and market penetration. The complete list of winners can be found on the Red Herring website.
In addition to produce, the AEssenseGrows aeroponics system is increasingly being used to grow cannabis and hemp. Last year, Ackrell Capital selected AEssenseGrows as one of the firm's Top 100 Private Cannabis Companies for 2018.