Vertical Future posts £10m loss, seeks buyer as insolvency looms
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2 Articles
Automated vertical farming startup Vertical Future up for sale after posting $13m loss
Vertical farming startup Vertical Future is for sale on an insolvency market after posting pre-tax losses that exceed £10 million ($13.2 million). “Like others in the vertical farming sector, we have faced significant headwinds in a difficult capital environment,” the company said in a statement. “The board continues to work hard to support customers and partners while considering the best path forward. We will update stakeholders in due course.…
Vertical Future posts £10m loss, seeks buyer as insolvency looms
London-based vertical farming technology firm Vertical Future has been listed for sale on an insolvency marketplace after posting a sharp decline in revenue and widening financial losses.The company generated just £692,000 in turnover in 2024, down from £6.7 million the previous year, according to a…
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