Jeff Bezos-backed farm startup Plenty filed for bankruptcy after over a decade of operation.

From Yahoo Finance: 2025-04-27 18:00:00

Plenty Unlimited Inc. is revolutionizing farming by growing produce vertically in controlled indoor environments to use less land and water, producing fresh, pesticide-free food. Jeff Bezos has invested in Plenty, having a real-time net worth of $186.1 billion, making him one of the richest people on Earth.

Plenty, a farming company, has been operating for over a decade but recently filed for bankruptcy in March 2025, seeking more capital under a restructuring plan. The future of the company is uncertain, and investors may be at risk of losing significant capital. It’s advisable to hold off on investing in Plenty for now.

Investing in startups like Plenty comes with inherent risks. It’s essential to research, evaluate risk tolerance, and consider companies with a track record of consistent growth for more reliable market performance. Due diligence is crucial before investing in any company to make informed decisions about where to allocate funds.

Read more: This Jeff Bezos Backed Farm Startup Just Filed for Bankruptcy: Should You Invest?