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New Deal


Announced

SoftBank Vision Fund led a $140m Series D round in Plenty.

Financials

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Transaction Value£107m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Single Bidder

Private

Biotechnology

Venture Capital

Minority

Acquisition

Friendly

Completed

Private Equity

Cross Border

farming technology

Synopsis

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SoftBank Vision Fund led a $140m Series D round in Plenty, an American farming technology company, with participation from Driscoll’s. "In just 30 years time, the world will need 70% more food than we currently produce, requiring more efficient use of land and water. Without innovation in agriculture, this demand will be impossible to meet. We believe Plenty is transforming the way food is made and are pleased to continue supporting their mission to build sustainable, intelligent farms that deliver healthy, safe produce with a focus on premium flavor," Jeff Housenbold, SoftBank Managing Partner.

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