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highplainsdem

(61,530 posts)
10. That company went bankrupt in California trying to grow lettuce that way. Too early to tell if it
Sat Mar 7, 2026, 04:18 PM
Saturday

will work with strawberries in Virginia.

https://www.comptonchamberofcommerce.org/post/vertical-farming-company-plenty-closing-up-its-compton-farm

A postmortem on what went wrong earlier:

https://professorbalthazar.substack.com/p/plentys-ai-post-mortem-what-went

Jeff Bezos is one of the investors:

https://virginiabusiness.com/company-behind-chesterfield-indoor-farm-files-for-bankruptcy/

Plenty Unlimited, a San Francisco-based agricultural technology company that counts tech billionaires Jeff Bezos and Eric Schmidt among its investors, has filed for bankruptcy but plans to continue operating its vertical strawberry farm in Chesterfield County throughout the restructuring, according to a company announcement.

“This is a challenging time for the vertical farming industry and Plenty is not immune from those challenges or market dynamics,” Plenty said in a statement to Virginia Business. “After evaluating all of our strategic alternatives, we have determined that pursuing a restructuring process is in the best interests of Plenty and all of our stakeholders. Through this process, Plenty will be better positioned to continue working toward our mission to make fresh food accessible to everyone, starting with the year-round production of premium strawberries in our innovative vertical farm in Virginia.”

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