Plenty Secures $140 Million in its Series D Financing Round
10/14/20, 2:35 PM
Location
san franciscoMoney raised
$140 million
Round Type
series d
Plenty Unlimited Inc., today announced it has secured a $140 million USD Series D round, led by existing investor Softbank Vision Fund 1 and including new investor Driscoll’s, the world’s leader in fresh berries. The investment will be used to fuel Plenty’s growth, including the execution of recently announced commercial collaborations with Albertsons and Driscoll’s, and the development of its new farm in Compton, California. To date, Plenty has raised over $500 million, making it the leader in sustainable, indoor vertical farming.
Company Info
Location
san francisco, california, united states
Additional Info
Plenty is rewriting the rules of agriculture through its technology platform that can grow clean produce anywhere in the world, year round, with unprecedented yield and peak season quality. Plenty’s proprietary approach preserves the world’s natural resources, makes nutritious produce available to all communities and creates resilience in our food systems against weather, location, pests and climate. Plenty's headquarters are in South San Francisco, and the company operates the largest of its kind indoor plant science research facility in Laramie, Wyoming. Plenty is currently building the world's highest-output, vertical, indoor farm in Compton, California. For more information, follow us on Twitter, Instagram, Facebook or LinkedIn, or visit www.plenty.ag.