[davidhunter]

After the later rounds closed at insane valuations, the early VC investors in infarm were seen as legends. This created jealously amongst other VC investors who felt they had 'missed out' which resulted in more money being invested into infarm and other vertical farming companies e.g. Bowery/Plenty.

Decisions to invest were made on FOMO, not a first-principles analysis of the farming technique which shows very clearly that vertical farming is unfeasible.