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Plenty, once touted as world's largest vertical indoor farm, files for bankruptcy in Virginia

Plenty Unlimited, builder of the world's largest indoor vertical farm, has filed for Chapter 11 bankruptcy protection in Virginia to reorganize while continuing operations at its Chesterfield facility.
The company owes over $100 million to more than 200 creditors and has secured lender commitments of $20.7 million during the bankruptcy process.
Plenty is committed to continuing its operational focus on strawberry production while seeking additional funds for support.
Interim CEO Dan Malech indicated that the company faces challenges due to larger market dynamics and fundraising issues in its industry.

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Roanoke Times

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Richmond Times-Dispatch

Center

Chesterfield indoor farm operator Plenty Unlimited files for bankruptcy

The company that’s building what it says will be the worlds largest indoor vertical farm in Chesterfield County has filed for bankruptcy protection, seeking breathing space while it reorganizes.

6 days ago

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WRIC

Center

Company behind Chesterfield vertical strawberry farm files for bankruptcy

CHESTERFIELD COUNTY, Va. (WRIC) -- The company behind Chesterfield County's newly opened, vertical indoor strawberry farm has filed for bankruptcy. According to court records, Plenty Unlimited, Inc. filed for Chapter 11 bankruptcy protection on Sunday, March 23, in Texas Southern Bankruptcy Court. This would allow the company to continue to operate its business while reorganizing or restructuring. According to court documents, Plenty has between…

6 days ago·Richmond, United States

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WTVR

Center

Plenty, once touted as world's largest vertical indoor farm, files for bankruptcy in Virginia

The bankruptcy filing follows lawsuits by contractors alleging they haven’t been paid for work on Plenty’s indoor strawberry farm at 13500 N. Enon Church Road.

7 days ago·Richmond, United States

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TechCrunch

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Phil's Stock World

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

Vertical farming company Plenty has filed for bankruptcy, the company said in a press release on Monday. In its statement, Plenty said it has received a

7 days ago·United States

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Bloomberg

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Thelocalreport.in

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Vertical Farmer Plenty, Backed by Bezos, Softbank, Files Bankruptcy

Plenty Unlimited Inc., a vertical farming business that’s drawn backing from Jeff Bezos, SoftBank Group Corp. and Walmart, has filed for bankruptcy with a lender-backed plan to either raise capital or sell the business.

7 days ago·United States

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producebluebook.com

Plenty files Chapter 11, receives $20.7MM in debtor financing - Produce Blue Book

SAN FRANCISCO, March 23, 2025 – Plenty Unlimited Inc. BB #:382600, an innovative agricultural technology company with a unique indoor vertical farming platform, today announced that it has filed voluntary petitions under chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the Southern District of Texas in accordance with its Board-approved plan to restructure its liabilities, streamline operations and focus its go-forward…

6 days ago

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