Altss Research / Venture case 29
Plenty
Plenty filed for Chapter 11 in March 2025 and emerged after a confirmed reorganization in May, with a narrower focus on premium strawberries.
Altss Research · Evidence reviewed · Historical event record
Historical private valuation
$1.9bnTechCrunch, citing PitchBook, reports a $1.9 billion valuation at the January 2022 private round.
Bankruptcy / insolvency
No sale priceChapter 11 reorganization initiated. Plenty announced voluntary Chapter 11 filings while continuing its strawberry farm and research operation. Its later emergence is recorded separately.
These figures have different valuation bases and dates. Their difference is not a measure of investor losses. Methodology ↗
The documented timeline
Chapter 11 process began
Plenty sought court protection to restructure around premium strawberries while maintaining specified operations.
Emergence announced
Plenty announced that it had emerged from Chapter 11 after confirmation of its reorganization plan, with interim and exit funding from One Madison and SoftBank Vision Fund 2.
Source documents
Publication and access dates identify the evidence used for this case.
TechCrunch · Financial reporting · Published Mar 24, 2025 · Accessed Oct 26, 2026
Plenty Unlimited / PR Newswire · Primary source · Published Mar 23, 2025 · Accessed Oct 26, 2026
Plenty Unlimited / PR Newswire · Primary source · Published May 29, 2025 · Accessed Oct 26, 2026
Logo: Plenty logo source. Company trademark rights remain.