Tag: investments

ProducePay, the agtech company recognized as one of Fast Company’s Most Innovative Companies and the World Economic Forum’s newest Unicorn Innovators for its transformational work strengthening the fresh produce supply chain, today announced $38 million in Series D financing.

First Citizens Bank today announced that it served as syndication agent, joint lead arranger and joint bookrunner on a $400 million senior credit facility for Alex Lee Inc.

Microsoft czar Bill Gates has gotten attention for his purchases of farmland: some 275,000 acres (another figure gives 242,000 acres).

Silo Technologies, the leading provider of modern technology solutions for the food supply chain, today announces $132 million in new capital.

With a capital investment exceeding $50 million, Food Lion is unveiling remodeled stores in Wilmington, NC, that feature a new, easier shopping experience for customers.

Local Bounti today announced its financial results for the three and twelve months ended December 31, 2022 and provided sales guidance for full year 2023.

Local Bounti Corporation, a breakthrough U.S. indoor agriculture company combining the best aspects of vertical and greenhouse growing technologies, today announced that it amended its existing credit facility with Cargill Financial Services, Inc.

Realty Income Corporation, The Monthly Dividend Company, and Plenty Unlimited Inc. today announced that they have entered into a strategic real estate alliance to support the development of Plenty's indoor vertical farms. Under the terms of the agreement, Realty Income will acquire and provide development funding for properties that will house Plenty's indoor farms.

Pudu Robotics, a commercial service robotics manufacturer, has announced completion of a Series C3 financing round raising more than US$15 million.

AppHarvest, Inc., a sustainable food company building some of the world’s largest high-tech indoor farms to grow affordable, nutritious fruits and vegetables at scale while providing good jobs in Appalachia, today announced that it has commenced a $40 million underwritten public offering of shares of its common stock.