Retail giant Walmart (NYSE: WMT) has inked a deal to invest in indoor vertical farming company Plenty Unlimited, Inc. as a part of a $400M Series E funding round. Walmart becomes the first big U.S. retailer to invest in vertical farming to enhance access to high-quality, fresh produce for its customers at retail stores. Details of the Deal Plenty’s indoor farming technology delivers pesticide-free fresh fruits, greens, and vegetables, keeping items fresher for longer in 100% recyclable product packaging.
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