Plenty® is an indoor vertical farming startup founded in 2013 with headquarters in the United States. The company's slogan, "Indoor vertical farmers on a mission to bring the freshest, cleanest, most craveable produce to people everywhere," encapsulates their focus on providing healthy food while protecting the environment. Plenty's approach involves growing pesticide-free, non-GMO produce locally, thereby reducing transportation miles and emissions. The company's indoor farms ensure that fresh produce is always in season. With a diverse team comprising growers, plant scientists, engineers, artists, and food enthusiasts, Plenty operates in South San Francisco, CA, and Laramie, WY, with a new site set to open in Compton, CA in 2021. The company's recent Series E investment of $400.00M at 25 January 2022, involving One Madison Group, SoftBank Vision Fund, Walmart, and JS Capital Management as investors, demonstrates strong support for its innovative approach. Plenty's focus on food justice and social justice is evident in its mission to provide equal access to healthy, nutritious food and employment opportunities in communities that lack access to such resources. By leveraging automation and robotics, Plenty creates year-round jobs and flavorful, nutrient-rich food, while machines handle labor-intensive tasks. The company's core values of find a way, down to earth, & grow together guide its operations and interactions. This demonstrates Plenty's commitment to improving human and planetary health by increasing access to craveable fruits and vegetables. As a startup with expanding career growth opportunities, Plenty invites individuals who align with its mission to join their journey.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series E | $400.00M | 4 | JS Capital Management | 25 Jan 2022 |
Series D | $140.00M | 2 | Driscoll's | 14 Oct 2020 |
Series C | $175.00M | - | 30 Jun 2019 | |
Series B | $200.00M | 7 | Louis Bacon | 19 Jul 2017 |
Series A | $24.50M | 1 | 15 Jul 2016 |
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