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US vertical farming startup Plenty Unlimited is forming a joint venture with Mawarid, a subsidiary of UAE's Alpha Dhabi Holding, in a $680 million deal. The partnership aims to develop a network of indoor farms in the Middle East, a region that imports a majority of its food requirements. The companies announced the joint venture to expand Plenty's vertical farming operations and address food security challenges in the region.
US farming startup Plenty Unlimited and a unit of UAE’s Alpha Dhabi are targeting $680 million of investments to develop farms in a region which imports a majority of its food requirements https://t.co/nVQjOLDcE3
Ilex Capital Partners, one of last year’s biggest hedge fund startups, is preparing to raise fresh capital by the end of this year https://t.co/JyJB84715v
US farming startup Plenty Unlimited and a unit of UAE’s Alpha Dhabi are targeting $680 million of investments to develop farms in a region which imports a majority of its food requirements https://t.co/8QnPm0Beaw