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Walmart To Invest in Vertical Farming Firm as Part of $400 Million Round of Funding

Startup Plenty To Supply Greens to Retailer’s California Stores With New Compton Facility

Plenty, based in South San Francisco, said its indoor vertical farms are enabled by one of the largest U.S. patent portfolios in the industry. (Walmart)
Plenty, based in South San Francisco, said its indoor vertical farms are enabled by one of the largest U.S. patent portfolios in the industry. (Walmart)

Walmart said it is the first large U.S. retailer to make a major investment in a vertical-farming company as the chain looks to secure a stable source of produce for its grocery shelves and a way to reduce disruptions from supply-chain problems.

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