Plenty Stock

plenty.agFoodTechFounded: 2013Funding to Date: $938.56MM

Plenty’s farms are designed to use unique indoor vertical growing system to deliver high quality, fresh produce. Their modular design creates the maximum surface area for plants to receive light and allows an extraordinary level of precision in delivering nutrients. This company was founded by Jack Oslan, Matt Barnard, Nate Mazonson, and Nate Storey in 2014 and is headquartered in San Francisco, CA.

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Team

Management Team

Nate Storey Ph.D
Co-Founder & Chief Science Officer
Matt Barnard
Co-Founder & Executive Chairman
Daniel Malech
General Counsel
Shireen Santosham
Head of Strategic Initiatives
Spencer Chernus
Senior Corporate Finance & Strategy Manager

Board Members

David Chao
DCM Ventures
Matt Barnard
Scott Brady
Slice Technologies
Andrew Zloto
SoftBank Investment Advisers
Ann Livermore
Board Member
William Johnson
Board Member

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News

Martin Mundo, the Walmart executive in charge of buying all produce for U.S. stores, declined to say how much Walmart was investing, only adding that it will have a board seat when the deal is closed. The deal is subject to regulatory approval, Walmart said.
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.