Company Name BrightFarms
Mailing Address 211 East 48th Street New York, NY 10017
Company Description BrightFarms designs, finances, builds and operates hydroponic greenhouse farms at supermarkets, eliminating time, distance and cost from the food supply chain. There is no cost to the supermarket retailer, only an obligation to purchase the produce. The company’s core value is ecological sustainability
Proceeds Purposes The proceeds of the financing will allow BrightFarms to respond to strong demand from the supermarket industry to construct commercial greenhouses on site at supermarkets. In addition, BrightFarms will further invest in its capacity to provide its clients with a fanatical level of customer service.