Jungle Corp shuts shop after eight years - Silicon Canals
Briefly

"After an incredible 8-year journey with Jungle, despite our best efforts and the tremendous support from our team, investors, and creditors, the company has come to the end of its path," says Seguy.
"During the court proceedings, I had the opportunity to closely work with Growy, a true leader in the CEA industry, and the only player who has cracked the code of Indoor Farming to deliver an automated, data driven and profitable model."
"Growy's turnkey investment model is priced at 1500€/m2, significantly reducing costs by at least 50 per cent compared to industry standards, leading to lower electrical consumption of just 12 kWh per kilogram of produce."
"Growy is committed to sustainability by offering pesticide-free, locally-grown produce at affordable prices all year round, improving yields, germination rates, and product quality."
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