Upward Farms throws in towel ten years after founding vertical-farming business
Indoor and especially vertical farming might be worthwhile in some edge cases but all the fancy Startup babble does conveniently ignore that you lose access to thousands of dollars worth of free services provided by nature: irrigation, fertility, pest control, sun light for crying out loud. The idea that more than a fraction of food production can profitably move indoors is laughable and VCs would be much better off investing in ideas that leverage services provided by nature for free than trying to recreate complex systems that we don’t even really understand from scratch.