Key Takeaways
- Growy Singapore has announced the voluntary liquidation of its Singapore operations effective October 28, 2025.
- The decision follows challenges in achieving sustainable profitability despite local support and commercial progress.
- The company will refocus efforts on its proprietary vertical farming technology developed in Amsterdam.
- Growy’s Netherlands facility continues to operate successfully, featuring lower CAPEX, higher automation, and improved energy efficiency.
- The company expressed gratitude to its Singapore team and partners for advancing sustainable urban agriculture.
Growy Singapore Ends Operations Following Strategic Review
Growy Singapore has officially ceased operations and entered voluntary liquidation as of October 28, 2025, marking a strategic shift for the company toward focusing on its core farming technology. The decision follows extensive efforts to secure local investment and partnerships, which ultimately proved insufficient to maintain sustainable profitability.
The company had acquired the Singapore Changi Farm from Kalera International in 2023, when the facility was not yet operational. Despite inheriting advanced infrastructure, the farm faced persistent high costs and inefficiencies that limited its long-term viability.
Growy Reflects on Challenges and Lessons Learned in Singapore
In a statement, Growy noted that it had invested significant time and resources into operating the Singapore farm using pre-existing systems. While the company achieved commercial progress — including having its produce stocked in over 60 NTUC FairPrice stores and restaurants — maintaining the business as a going concern was ultimately not feasible.
“Even though it was one of the most advanced farms in the region, we struggled with high costs and inefficiency,” the company shared. “We have invested significant time, energy, and resources into its operations and are deeply grateful for the dedication and hard work of our local team.”
Refocuses on Proprietary Vertical Farming Technology
As part of its strategic refocus, Growy will concentrate on scaling its proprietary vertical farming technology developed in Amsterdam. The system is designed for lower CAPEX, higher automation, and greater energy efficiency, attributes the company says are essential for achieving long-term sustainability in vertical farming.
This technology is now fully operational at Growy’s large-scale farm in the Netherlands, where it has demonstrated strong performance metrics compared to legacy systems. The company stated that the experience in Singapore provided “essential lessons” that reinforced confidence in its own platform’s scalability and economic potential.
Expressing Gratitude and Commitment to the Future
In closing, Growy Singapore extended its appreciation to all employees, partners, and stakeholders who supported its operations in Singapore and contributed to advancing urban agriculture in the region.
“The experience gained in Singapore has provided us with essential lessons about the strengths and limitations of different vertical farming systems,” the company noted. “With the lessons learned, we move forward stronger and more focused than ever, ready to redefine how the world grows its food.”
A Sign of Wider Strain Across the CEA Industry
Growy joins a growing list of companies within the controlled environment agriculture (CEA) sector that have faced operational or financial difficulties in recent months, reflecting broader industry challenges linked to cost structures and energy efficiency.
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