Vertical farming company raised $500M, and then it all but disappeared - eviltoast
This vertical farming company raised $500m, and then it all but disappeared
sifted.eu
Once a hot Berlin-based startup, Infarm struggled to turn a profit, causing it to declare insolvency in its major European markets in 2023
  • kozy138@lemm.eeEnglish
    6·
    11 months ago

    It still probably will. It uses significantly less water than traditional farming methods. That will be a huge factor in the coming years

    • JustTesting@lemmy.hogru.chEnglish
      4·
      11 months ago

      The same is true of controlled environment agriculture but without the extra electricity need. I wish that (hydroponic greenhouses) would get more of the limelight.