Vertical Agriculture Company a lot of bankruptcy files after collecting approximately $ 1 billion

Vision Agricultural Company a lot He has It was submitted to bankruptcyThe company said in a press statement on Monday.

In her statement, a lot She said that she had received a commitment of $ 20.7 million from the debtor financing in the city as part of the proposed restructuring plan. It plans to continue the operation of the strawberry farm in Virginia and the Center for Botanical Science Research (R&D) in Wyoming.

Financial financing in financing funds companies in Chapter 11 bankruptcy.

Since its establishment in 2014, South San Francisco has collected nearly one billion dollars of funding from a variety of investors, including Softbank Investment Advisors, Walmart, Bezos Expeeds and Jeff Bezos personally as an angel investor.

The last known rating for it $ 1.9 billion At a time Collection of donations E 400 million dollars In January 2022, according to the stadium’s book.

The industry has been infected with bankruptcy in recent years. In November 2024, it was reported that Agtech Unicorn Bowry’s cultivation closing After raising more than $ 700 million of financing and evaluating two billion dollars in 2021, and in 2023, Aerofarms and Appharvest provided bankruptcy. Aerofarms raised more than $ 300 million of supporters before offering bankruptcy. In September 2023, it is Disclosure protection exit Fullly funded.

Appharvest It raised more than 700 million dollars before it was published in 2021 with a value of one billion dollars; It was presented to protect Chapter 11 in 2023.