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Plenty , a Bay Area startup developing vertical farming technology, said this week that it has raised $140M in a new funding round, and will build a new farm in Compton. The startup--backed by Softbank Vision Fund and strawberry farming giant Driscolls--has raised more than $500M in total for its vertical farming efforts.
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Lita Nelsen has seen it up close—and played a part in its evolution—from her studies there in the 1960s, to her business-school fellowship in the late 1970s, to her 30 years working in MIT’s Technology Licensing Office. And so that’s what Stanford did, so it was set up in that model. I wasn’t the director then in ’86.
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