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

Larry Ellison's $500M VF startup is struggling to grow
Image by user6702303 on Freepik

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.

Continue reading.

Source:

Share