Walmart said Tuesday that it is investing in vertical farming company Plenty and plans to carry the start-up’s leafy greens in all California stores later this year.
The big-box retail giant did not disclose the size of the equity stake or the terms of the commercial deal, but said a Walmart executive will join Plenty’s board. Walmart’s investment is part of a $400 million round of funding for Plenty led by One Madison Group and JS Capital, with participation from SoftBank Vision Fund.
Read more here.
![[Social Bicycles in PR Newswire] First Ever Dockless, Electric-Assist Bike Share Bikes Hit The Streets In D.C.](https://blog.ourcrowd.net/wp-content/themes/Extra/images/post-format-thumb-text.svg)
