News

In a shock move, vertical farming leader Jones Food Company appointed administrators last week. At least, it was a shock to outsiders. After all, the collapse comes just over a year after JFC ...
Vertical farming company Plenty has filed for bankruptcy, the company said in a press release on Monday. In its statement, Plenty said it has received a commitment for $20.7 million in debtor-in ...
Some consider vertical farming to be the farming of the future. It’s exactly what it sounds like; instead of being grown in fields, plants are grown indoors in vertical stacks. If you’re the ...
Vertical farming startup Plenty Unlimited has filed for bankruptcy and is seeking a capital infusion under a proposed restructuring plan. The South San Francisco, Calif., company grabbed headlines ...
However, one growers’ group said this collapse was “inevitable” due to fundamental challenges with the vertical farming business model making it hard for companies to make a profit. “The elephant in ...
A trail-blazing £30m "vertical farm" is growing the foods of the future on the outskirts of Norwich - using indoor technologies which could revolutionise crop production in the next five years.
Inside Eden Green Technology’s 62,000-square-foot vertical greenhouse, over 340,000 plants are stacked 18 feet high. “We have basically shrunk 40 to 50 acres of conventional farming down into ...
(Bloomberg) -- Plenty Unlimited Inc., a vertical farming business that’s drawn backing from Jeff Bezos, SoftBank Group Corp. and Walmart, has filed for bankruptcy with a lender-backed plan to ...
CHESTERFIELD COUNTY, Va. (WRIC) — The company behind Chesterfield County’s newly opened, vertical indoor strawberry farm has filed for bankruptcy. According to court records, Plenty Unlimited ...