Announced
Financials
Sources
Tags
Farming Fishing Ranching and Plantations
Domestic
Private
Single Bidder
farming technology
United States
Venture Capital
Minority
Acquisition
Friendly
Pending
Synopsis
Walmart, an American multinational retail corporation, led a $400m Series E round in Plenty, an indoor vertical farming company. "At Walmart, we are focused on identifying and investing in innovative food solutions to bring our customers the freshest, highest-quality foods at the best prices. We believe Plenty is a proven leader in a new era of agriculture, one that offers pesticide-free, peak-flavor produce to shoppers every day of the year. This partnership not only accelerates agricultural innovation, but reinforces our commitment to sustainability, by delivering a new category of fresh that is good for people and the planet," Charles Redfield, Walmart Chief Merchandising Officer.
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