Infarm, once Europes largest vertical farming company, has been declared bankrupt in the Netherlands as of September 19, according to official documents.
The news comes after the company shut down operations across its key markets of the UK, France, Germany, the Netherlands and Denmark over the last year. In June, Sifted reported that Infarm was leaving Europe altogether and has set its sights on expanding to the Middle East.
Infarm, which launched in 2013, grows vegetables like salad leaves and herbs in vertical farms and sells them via supermarkets, restaurants and wholesalers. The company has raised $473m in total, according to Dealroom, from high profile investors like Atomico and Balderton.
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But like many vertical …
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