Posts tagged "Plenty"

Growing pains: Vertical agriculture stunted by rising real estate, energy and labor costs

[11 May/Food Dive] A growing number of start-ups in the U.S. and around the world were raising produce inside buildings to reduce water use and transportation costs. These growers were finding real estate, energy and labour costs to be high, according to an Associated Press story in Food Manufacturing. Once all inputs are in place,...

It’s Called Vertical Farming, And It Could Be The Future Of Agriculture

[4 November/ Forbes] Plenty has announced it will open a 100,000 square foot farm in Kent, Washington to grow pesticide-free produce for regional consumers. This is Plenty’s first full-scale farm. The fruit and vegetables grow in 20-foot tall towers inside a climate-controlled facility with LED lights, without the use of pesticides, herbicides, synthetic fertilisers or...

An ex-Tesla executive is teaming up with a little-known vertical farming startup

[17 October/ Business Insider] Tesla’s former Director of Battery Technology Kurt Kelty has begun working in the indoor agriculture sector through joining vertical farming start-up Plenty as the Senior Vice President of Operations and Market Development. Mr Kelty was one of the earliest executives at Tesla and previously spent over 14 years with the Energy...

SoftBank Invests in Largest Ever Agtech Deal, a USD200m Series B for Indoor Ag Startup

[19 July/ AgFunder News] Indoor vertical farming company Plenty has raised USD200 million in a Series B round of funding, the largest agtech investment to date. Plenty uses a vertical growing plane to grow leafy greens in a 52,000 square foot facility in San Francisco. The Series B funding increases total funding for the start-up...