Ledger & Lore
← Back to the archive

Plenty

AgTechUSAClosed 2024

Total Raised

$940M

Peak Valuation

Undisclosed

Employees

Year Collapsed

2024

Business model

Vertical indoor farming, growing leafy greens and produce in stacked, climate-controlled indoor facilities near cities.

In brief

Raised nearly a billion dollars, including a landmark investment from SoftBank's Vision Fund and personal backing from Jeff Bezos, to build large-scale indoor vertical farms aiming to grow produce closer to cities with less water and land than traditional farming. The extremely h…

See the What Happened tab for the full account.

Key facts

Founded
2014
Closed
2024
Headquarters
San Francisco, USA
Industry
AgTech
Employees
Revenue
Undisclosed

Related failures

Often compared with: Bowery Farming, AeroFarms.