Future Crops
Poeldijk, Netherlands · Operator: Future Crops Cooperative U.A.
Overview
An Israeli-Dutch vertical farmer; raised $30M with backing from Tencent but was declared bankrupt in January 2023.
Citizen participation
Company-run mass production; no public participation.
Operating model
Commercial model growing herbs and greens at a Westland facility, supplying Dutch retailer Albert Heijn under white label.
Impact
Scaled back most production in Q4 2022 due to soaring energy costs, then collapsed; rising power prices made EU vertical farms unable to compete with conventional growers. Lesson: power-dependent indoor farming is highly vulnerable to energy-price shocks.
Crops
- herbs
- leafy greens
Scale
Declared bankrupt on 24 January 2023; all equipment sold via online auction in April 2023
Sources（2）
This entry is compiled from the public sources, official sites and research below.
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