# Plenty Unlimited

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/plenty-unlimited

- Industry: Agribusiness
- Headquarters: South San Francisco, US
- Website: www.plenty.ag
- Total disclosed funding: $765M
- Latest round: Series E (Jan 25, 2022)
- Investors on record: 9

## About

Based in California, US, and founded in 2013 by Jack Oslan, Matt Barnard, Nate Mazonson, and Nate Storey, Plenty Unlimited Inc. is an indoor farming company that uses LED lighting, micro-sensor technology, and big data processing to produce fruit and vegetable crops. In February 2023, Plenty Unlimited Inc. received USD 20 million in grant funding from new investor Wyoming Business Council. As of January 2022, Arama Kukutai is the CEO of Plenty Unlimited Inc.

Plenty provides baby arugula, crispy lettuce, baby kale, mizuna mix, kale crunch, and spring mix with zero pesticides.

The company generates revenue from the sale of its products through local grocery stores, as well as through online delivery partners.

Plenty plans to use its proceeds from January 2022 funding to accelerate its growth strategy, as well as leverage its technology platform to support the sale of multi-crop farms directly to partners.

## Funding rounds

- Series E, Jan 25, 2022, $400M — SB Investment Advisers, Walmart Inc., One Madison Group
- Series D, Oct 14, 2020, $140M — SB Investment Advisers, Driscoll's, Inc.
- Series B, Aug 23, 2017, $200M — DCM, Finistere Ventures, Innovation Endeavors, DCVC, Bezos Expeditions, SB Investment Advisers
- Series A, Jun 1, 2016, $25M — Innovation Endeavors, Bezos Expeditions

## Investors

- Innovation Endeavors (https://capitalatlas.ai/funds/innovation-endeavors) — Series A, Series B
- Bezos Expeditions — Series A, Series B
- DCM (https://capitalatlas.ai/funds/dcm) — Series B
- Finistere Ventures (https://capitalatlas.ai/funds/finistere-ventures) — Series B
- DCVC (https://capitalatlas.ai/funds/dcvc) — Series B
- SB Investment Advisers (https://capitalatlas.ai/funds/sb-investment-advisers) — Series B, Series D, Series E
- Driscoll's, Inc. — Series D
- Walmart Inc. — Series E
- One Madison Group (https://capitalatlas.ai/funds/one-madison-group) — Series E