29
Jul
As venture capital wagers go, indoor farming has not done especially well. Over the years, investors have plowed over $6 billion into startups in the space, most during the peak period of 2019-2023. They’ve harvested meager returns so far. In recent quarters, large venture rounds have mostly dried up. And a few of the higher-profile upstarts, including Kentucky tomato-grower AppHarvest, have folded. To get a sense of what’s happened to investment, we used Crunchbase data to analyze recent funding (or lack thereof) around this theme. We looked at companies focused on both indoor and vertical farming operations, growing crops like…