Following publication of our article on Eden Green Technology's closure, the company has issued the following statement to Vertical Farm Daily, attributing the decision to difficulties in securing new investment.
"We have been unable to convince investors to fund our growth or sustain continued operations. Access to capital is significantly constricted in our industry, and market timing was not in our favor," a spokesperson for the company said. 
© Eden Green Technology
This comes just two years after the company announced a $40 million expansion at the same site, which was intended to triple production capacity and create new jobs in the Dallas–Fort Worth region.
The company's comments reflect a broader shift across the vertical farming sector, echoed at this year's Global Vertical Farming Show, the Japan Plant Factory Symposium, and the Vertical Farming World Congress. Speakers at these events noted that restricted access to capital, higher energy costs, and investor caution are reshaping the business landscape, pushing growers to prioritize efficiency and financial resilience over rapid expansion.
For more information:
Eden Green Technology
Eddy Badrina, CEO
[email protected]
www.edengreen.com