Investments · Agriculture technology (indoor farming)
SoftBank Vision Fund leads $200 million round in indoor farm firm Plenty
- Investor
- SoftBank Vision Fund (SoftBank Group) (Tokyo)
- In
- Plenty, South San Francisco, California
- Value
- $200M Series B
- Status
- Announced on July 19, 2017; the round has closed.
- Date
- 2017-07-19
SoftBank Vision Fund led a $200 million Series B round in Plenty, a South San Francisco company that grows vegetables indoors in vertical farms. Plenty described it as the largest agriculture technology investment to that date.
Why it matters
The round brought Vision Fund money into food production, a sector outside SoftBank's usual technology investments.
Sources
Kakehashi M&A News home
