The re-emergence of AeroFarms Inc. from Chapter 11 and BrightFarms partnership with Element Farms, both announced this week, could help reassure those who are skeptical of the economic viability of controlled environmental agriculture, but the ongoing...
BrightFarms has been acquired by Cox Enterprises, accelerating the hydroponic indoor farming company's mission of bringing leafy greens to more households throughout the US.
BrightFarms has opened its latest indoor farm in Hendersonville, North Carolina, capable of producing 2 million pounds of lettuce per year in the Southeast US region which currently has limited options for indoor-grown leafy greens on store shelves, says...
Valued at $6.8bn in the US alone (according to Research&Markets), the market for hydroponically-grown produce is no longer niche and poised for strong growth over the next several years, predicts BrightFarms, a company growing a variety of leafy greens...
Hydroponic farmer BrightFarms has raised $100m+ in debt and new equity capital via a Series E funding round led by Cox Enterprises and supported by Catalyst Investors. The deal – which brings BrightFarms’ total funding to more than $200m - gives Cox a...
