Is vertical farming dead? Another startup stumbles as scaling proves ‘really tough’

Sweden’s Ljusgårda is the latest vertical farming startup to stumble after rapid growth, high expectations and $50m in VC backing. We look at its struggles and what the future of vertical farming might hold.

"It was never a VC investable space in my view," Felix Leonhardt, managing partner at foodtech venture capital firm Oyster Bay, tells Impact Loop.