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Shipping-container farming startup files for bankruptcy

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

A startup that built farms inside shipping containers has gone bankrupt, according to reports from The Denver Post and BusinessDen. The company, based in Colorado, was part of a wave of vertical-farming ventures that promised fresh local produce with less water and land. Container farming has struggled with high energy and operating costs, and several similar companies have failed in recent years.

Why now: The bankruptcy adds to a string of failures in the vertical-farming sector, raising doubts about the industry's business model.

shipping-container farm startupThe Denver PostBusinessDenvertical farming

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