Setback
Iron Ox cut 50 jobs, nearly half its staff, to focus on its core engineering work and stretch its cash.
A delay, pause or setback
What the source says
“All told, 50 jobs were cut this week, a figure that amounts to nearly half of the company's staff of”
What it means
Iron Ox robotic greenhouse, from Iron Ox, is at stage 4 of 5 on our ladder: paying customers. A setback stays on the record next to the milestones; the stage moves down only when the rules say so.
Human help: The maker hasn't said whether people help it remotely.
More on Iron Ox robotic greenhouse
- Iron Ox launched a new mobile robot, Grover, and had broken ground on a 535,000-square-foot indoor farm in Texas.
- Iron Ox raised $53 million, led by Breakthrough Energy Ventures, bringing its total to $98 million.
- Iron Ox added a farm in Gilroy, California, and was selling to stores including Whole Foods and Bianchini's Market.
- Iron Ox opened its first fully autonomous farm in California, growing greens such as romaine, butterhead and kale.