Author: OurCrowd

[BlueNalu in Business Wire] FOOD & LIFE COMPANIES, largest sushi restaurant operator in Japan, announces partnership with BlueNalu, U.S. cell-cultured seafood leader

Jan 25, 2022 | ,

BlueNalu, a leading innovative food company developing a variety of seafood products directly from fish cells, announced today a collaboration with leading, multinational sushi restaurant operator, FOOD & LIFE COMPANIES Ltd. (TYO: 3563). As a Japanese foodservice leader, FOOD & LIFE COMPANIES (F&LC) operates brands such as Sushiro and Kyotaru and over 1,000 restaurants across Japan, Korea, Taiwan, Hong Kong, Singapore, Thailand and Mainland China. Read...

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[Plenty in Reuters] U.S. indoor vertical farm Plenty gets big injection of cash and Walmart deal

Jan 25, 2022 |

Jan 25 (Reuters) – Retail giant Walmart Inc said on Tuesday it is investing in indoor vertical farm Plenty as part of a $400 million funding round and will be buying leafy greens from them for its stores in California. The investment in the South San Francisco startup that grows leafy greens under banks of lights is one of the biggest in the indoor farming business, and the distribution deal from Walmart is a sign of mass market appeal from an industry that has not delivered on early expectations. High costs have been a challenge for the industry. Read...

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[Plenty at Walmart] Walmart and Plenty Partner To Lead the Future of Fresh Produce

Jan 25, 2022 |

BENTONVILLE, Ark., and SOUTH SAN FRANCISCO, Calif., Jan. 25, 2022 — Walmart and Plenty Unlimited Inc. today announced Walmart signed an agreement to invest in Plenty, an indoor vertical farming company, as part of their $400M Series E funding round subject to a regulatory approval. Walmart’s equity investment is part of a broader strategic partnership to utilize Plenty’s indoor vertical farming technology platform to deliver fresh produce to Walmart retail stores. As part of the investment, at closing, Walmart will also join Plenty’s Board of Directors. Read...

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