Company Name BrightFarms
Mailing Address 211 East 48th Street 2nd Floor 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 new capital will enable the company to respond to strong demand from the supermarket industry and cities to build commercial-scale greenhouses to meet the increasing demand for locally-grown, great-tasting produce. In addition, BrightFarms will further invest in its capacity to provide its clients with a fanatical level of customer service.