Larry Ellison's $500M VF startup is struggling to grow

Added on 25 February 2025

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Larry Ellison's $500M VF startup is struggling to grow

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The CEO of Oracle and close confidant of President Trump has spent nearly half a billion dollars on his vision of bringing tech to the business of growing produce.

Larry Ellison is probably best known for being the founder and CEO of Oracle and a close confidant of President Trump. But he’s also spent years quietly building a vertical farming startup. And after a lot of time and nearly $500 million in investment, the company is still struggling to take off, with its early indoor farms likened to more of a DIY project than something that has received nearly half a billion dollars in capital.