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Farm-in-a-shipping-container startup files for bankruptcy

Original: Farm-in-a-shipping container startup goes bankrupt

A Denver-area startup that grew crops inside shipping containers has filed for bankruptcy, according to reports from The Denver Post and BusinessDen. The company was part of the container farming trend, which promised local produce year-round with less water and land use. Its collapse adds to a string of failures among vertical farming ventures that struggled with high energy and operating costs.

Why now: The bankruptcy highlights mounting doubts about the financial viability of the container and vertical farming industry.

container farming startupDenververtical farming industry

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Evidence

• Farm-in-a-shipping container startup goes bankrupt · The Denver Post
• Farm-in-a-shipping container startup goes bankrupt · BusinessDen

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