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Vertical farming company Plenty files for bankruptcy after raising nearly $1B | TechCrunch

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Plenty said it has received a commitment for $20.7 million in debtor-in-possession financing.

Plenty plans to continue to operate strawberry farm in Virginia and a plant science research and development center in Wyoming .

Plenty has raised nearly $1 billion in funding from a variety of investors, including SoftBank Investment Advisors .