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80 Acres Closes After Failed Deal | Seattle News
Description
Indoor farming pioneer 80 Acres Urban Agriculture is shutting down after a decade of growth, leaving 55 employees jobless as acquisition talks collapsed unexpectedly. Despite proving vertical farming can scale and supply major retailers, the company couldn’t secure the capital needed to survive. Layoffs are happening fast, hitting packers, technicians, and supervisors — a sobering reminder that even innovative ventures need funding to thrive.
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