Urban Farm DB
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Building interiorInactiveSince 2010

Kalera

Orlando, United States · Operator: Kalera, Inc. (Kalera PLC subsidiary)

Overview

An Orlando-based vertical-farming leader with farms in Orlando, Houston, Atlanta and Denver; filed Chapter 11 in April 2023.

Citizen participation

Company-run mass production; no public participation.

Operating model

Commercial model operating indoor vertical farms across several cities, mass-producing leafy greens for foodservice and retail.

Impact

Rapid multi-site expansion inflated costs and accelerated loan obligations; after removing its CEO the firm collapsed, was delisted from Nasdaq and liquidated. Lesson: national expansion before profitability wrecks cash and debt management.

Crops

  • leafy greens

Scale

Filed Chapter 11 in April 2023; liquidating plan approved and assets sold to Sandton Capital Partners

Sources(2)

Related cases

Kalera — Urban Farm DB