Fundraising Fox

80 Acres Farms

Defunct

Founded 2015 Β· 222 employees on LinkedIn Β· 7 known investors

80 Acres Farms operates indoor vertical farms that grow produce using controlled-environment technology, recycling water and nutrients to reduce resource use and food waste. The company aims to provide fresh, nutritious produce with a focus on sustainable growing and packaging practices.

Also known as 80 Acres

Founders & leadership

80 Acres Farms was founded in 2015 by Mike Zelkind.

MZMike Zelkind
Mike ZelkindinFounder Β· CEOCo-Founder and CEO, 80 Acres Farms at Cintrifuse Capital
T
Tisha

Investors Β· 7

Also in the syndicate Β· 5

BarclaysMovendo CapitalOpenspace CapitalOrange Wings CapitalQuietStar Capital

Company profile

researched Aug 2026

80 Acres Farms was an indoor vertical farming company founded in Cincinnati in 2015 by Mike Zelkind and Tisha Livingston and headquartered in Hamilton, Ohio from 2019. It operated automated, climate-controlled indoor farms powered by renewable energy that grew produce without pesticides, using LED lighting tuned by crop, hydroponic nutrient delivery, robotics and AI-driven control systems. The company packaged salad kits, salad blends, microgreens, herbs and dressings, growing, harvesting and packing under one roof and shipping directly to retailers within 48 hours or less. Its farm technology was branded Infinite Acres.

The company scaled through facility construction and acquisitions: a $30M processing facility in Hamilton and a research and development facility in Arkansas in 2021, a $95 million, 200,000-square-foot vertical farm in Boone County, Kentucky in 2023, the March 2025 purchase of Kalera's indoor vertical farms in Georgia, Texas and Colorado plus its intellectual property, the acquisition of Israeli biotechnology company Plantae Biosciences, and an August 2025 merger with Virginia-based organic herb grower Soli Organic that created a network with more than 1,400 employees. At its peak the combined network supplied more than 18,000 US retail locations.

On August 3, 2026, after roughly 11 years of operation and more than $350M raised, the company announced it was winding down, citing an inability to secure the capital needed to continue. A WARN notice filed with the Ohio Department of Job and Family Services by Zelkind and Livingston attributed the closure to a prospective acquirer unexpectedly withdrawing from advanced negotiations on August 2, 2026. WARN filings across seven states indicated roughly 650 affected employees, including 145 in Hamilton, Ohio.

Founding story

Mike Zelkind and Tisha Livingston founded the company in 2015 out of a view that conventionally farmed produce was declining in quality and that controlled-environment vertical farming could improve food quality and sustainability. The name refers to the company's original quarter-acre operation producing as much food as eighty acres of traditional farmland.

Business model

The company grew produce in company-owned indoor vertical farms and sold packaged fresh produce, salad kits, herbs, microgreens and dressings directly to grocery retailers and foodservice distributors, bypassing conventional multi-step produce supply chains by delivering from farm to store within 48 hours.

Traction

The company reported 2024 impacts of 912,566 miles of trucking saved, 299,409 pounds of food loss avoided and 78,550,285 gallons of water saved. It supplied more than 18,000 US retail locations, had roughly 300 employees in the Cincinnati Tri-State area as of 2024, and after the Soli Organic merger more than 1,400 employees, with combined first-year revenue projected near $200M.

Latest developments

After a prospective acquirer withdrew from advanced talks on the evening of August 2, 2026, the company announced on August 3, 2026 that it was winding down operations, filing WARN notices citing unforeseen business circumstances; 145 Hamilton jobs were cut between August 3 and 17, 2026, with WARN filings across seven states totaling roughly 650 affected workers.

β–ΈFull profile β€” market position, technology, go-to-market, geography, history, risks & controversies

Market position

One of the largest and longest-running players in the US indoor agriculture industry; the August 2025 Soli Organic merger was described by the companies as creating one of the world's largest indoor farming networks.

Pesticide-free, locally grown produce with extended shelf life, grown, harvested and packed under one roof and delivered to retailers within 48 hours, with substantially lower water and land use than field agriculture and partnerships with Siemens and Signify to optimize growing and packaging.

Technology

Closed-loop indoor farms operating without soil or sunlight, using energy-efficient LED lighting tuned to each plant variety, hydroponic nutrient delivery, advanced climate control, water and nutrient recycling, and robotics and AI for planting through harvest. The company reported using up to 95% less water than traditional farms and 100% renewable energy, and stated its methods produce up to 300 times more food per square foot than traditional farming. The farm technology platform is branded Infinite Acres.

Go-to-market

Products were distributed through grocery retailers and foodservice distributors, including Kroger, Whole Foods, The Fresh Market, Dorothy Lane Market, Jungle Jim's, Sysco, US Foods, and at national scale Albertsons, H-E-B, Meijer and Walmart, reaching more than 18,000 US retail locations.

Grocery retail chains, independent grocers and foodservice distributors, and through them retail consumers buying packaged fresh salads, herbs and microgreens.

Geography

United States operations centered on Hamilton, Ohio, with facilities in Florence and Boone County, Kentucky; Arkansas; Georgia; Texas; Colorado; South Carolina (Anderson); Washington (Marysville); and Harrisonburg, Virginia (formerly Soli Organic). It also acquired Israeli biotechnology company Plantae Biosciences.

History

Founded in Cincinnati in 2015 by Mike Zelkind and Tisha Livingston, the company relocated its headquarters to Hamilton, Ohio in 2019, the same year Virgo Investment Group led its first major funding round. Barclays joined as a strategic investor in 2020 alongside Virgo, Orange Wings Capital and QuietStar Capital. In 2021 it raised a $160M Series B, built a $30M processing facility in Hamilton, opened an R&D facility in Arkansas and expanded its Kroger partnership to 316 stores. A $95 million, 200,000-square-foot farm opened in Boone County, Kentucky in 2023, its eighth farm being in Florence, Kentucky. In February 2025 it raised $115M and acquired assets and IP of bankrupt Kalera plus Israeli biotech Plantae Biosciences; it laid off roughly two dozen workers in March 2025, merged with Soli Organic in August 2025, and raised a further $28.4M in October 2025. Operations were wound down in August 2026.

Risks & controversies

A California produce supplier filed a federal PACA lawsuit on July 1, 2026 against 80 Acres Farms, Soli Organic and named executives over unpaid invoices. The Harrisonburg, Virginia facility closed quietly on July 21, 2026 with roughly 80 job losses, two weeks before the public shutdown announcement, and employees at most locations were notified only in the week operations ended, with some learning from news coverage. Capital continued to arrive until roughly nine months before the shutdown, and the business did not close the gap between revenue and total cost.

Compiled by commissioned research from 8 cited public sources β€” announcements, filings, and press listed under research sources below.

Key figures

latest reported
EmployeesJan 2024300 people
Employees affected by shutdown (WARN filings, seven states)Aug 2026650 people
Employees after Soli Organic mergerAug 20251,400 people
Gallons of water savedJan 202478,550,285 gallons
Miles of trucking savedJan 2024912,566 miles
Pounds of food loss avoidedJan 2024$299.4K
Projected first-year combined revenue after mergerAug 2025$200M
Retail locations suppliedJan 202618,000 locations
Total funding raisedAug 2026$350M
Water use reduction vs traditional farmsJan 202595%

Company-reported or press-reported figures, each dated to when it was claimed β€” not independently audited.

Timeline Β· 12

launches, deals, and filings
Aug 2026
Company announces wind-down of operations

Announced it was winding down after a prospective acquirer withdrew from advanced acquisition talks on August 2, 2026; WARN notices filed across seven states covering roughly 650 employees, including 145 in Hamilton, Ohio.

source β†—

Jul 2026
Harrisonburg, Virginia facility closed

The former Soli Organic facility in Harrisonburg, Virginia closed, cutting roughly 80 logistics and packing jobs.

source β†—

Jul 2026
Federal PACA lawsuit over unpaid invoices

A California produce supplier filed a federal PACA lawsuit against 80 Acres Farms, Soli Organic and named executives over unpaid invoices.

source β†—

Aug 2025
Merger with Soli Organic

Strategic merger with Virginia-based organic herb grower Soli Organic, creating a network with more than 1,400 employees and projected first-year combined revenue of close to $200M.

source β†—

Mar 2025
Acquires Kalera indoor vertical farms and IP

Acquired the IP and assets of bankrupt Kalera, including indoor vertical farms in Georgia, Texas and Colorado.

source β†—

Mar 2025
Layoffs of roughly two dozen workers

Cut approximately two dozen jobs, under 10% of staff.

source β†—

Jan 2025
Acquires Plantae Biosciences

Acquisition of the Israeli biotechnology company, announced alongside the Kalera asset purchase.

source β†—

Jan 2023
$95M, 200,000-square-foot vertical farm opens in Boone County, Kentucky

The company's eighth farm opened in Florence, Kentucky (Boone County).

$95M source β†—

Jan 2021
$30M processing facility built in Hamilton, Ohio

$30M source β†—

Jan 2021
Research and development facility opened in Arkansas

source β†—

Jan 2021
Kroger partnership expands to 316 stores

source β†—

Jan 2019
Headquarters relocated to Hamilton, Ohio

The company moved its headquarters from Cincinnati to Hamilton, Ohio.

source β†—

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

β–ΈResearch sources Β· 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does 80 Acres Farms do?
US indoor vertical farming company that grew pesticide-free produce for retail before winding down operations in August 2026.
Who founded 80 Acres Farms?
80 Acres Farms was founded by Mike Zelkind in 2015.
Who are 80 Acres Farms's investors?
80 Acres Farms's investors include eGateway Capital, S2G Investments.