The vertical farm network has pulled in $140m through a series D round led by SoftBank Vision Fnd and backed by commercial partner Driscoll's.

Telecommunications and internet group Softbank’s Vision Fund 1 led a $140m series D round for US-based urban farm operator Plenty yesterday that included fresh berry provider Driscoll’s.

Plenty is establishing a network of farms that use a vertical structure together with data analytics and advanced lighting technologies in order to grow produce more efficiently without pesticides.

The company formed a commercial partnership with Driscoll’s earlier this year that will involve it growing strawberries, in addition to a supply agreement with…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.