The foodtech startups announced a combined $275 million in new investments Wednesday.
 |
Plenty Stock |
Developer of an agricultural technology designed to produce fresher, tastier and more nutritious produce which is available everywhere. The company's technology and proprietary systems combine engineering, software and crop science to deliver crops which require less water and no pesticides or GMOs, enabling farmers to increase the crop yield.
The foodtech startups announced a combined $275 million in new investments Wednesday.
Vertical-farm company Plenty Unlimited Inc. said it has raised $140 million in fresh financing led by existing backer SoftBank Group Corp. along with new investor Driscoll’s Inc.
The partnership with Albertsons marks the vertical farming company's first major retail deal.
Get data-based research, detailed reports, and unique insights on
private companies and trends.