Plenty
Agritech/vertical farmingUSA
💀 Dead / Bankrupt
Peak $1.9 BillionToday
~-99%
from peak
- 🦄Became a unicorn2017
- 📈Peak valuation$1.9 Billion ’22
- 💔Became a UnitardMar 2025
- 💸Last valuationWiped out
🔥 Raised & burned
$941M
Total raised
$241K/day
Burned · 10.7y alive
Funding: Crunchbase/Tracxn via press
Current status
Chapter 11 (Mar 2025)
How it happened
Plenty built vertical farms backed by Jeff Bezos, SoftBank and Walmart, reaching a $1.9B valuation in its January 2022 Series E. The same vertical-farming economics that sank its peers — high energy and capital costs — proved unworkable. Plenty filed for Chapter 11 in March 2025 after a recapitalization valued its shares at under $15M.
Source: S.D. Texas filing; Bezos/Walmart-backed
