leafy greens

Cox Assumes Majority Ownership of BrightFarms

BrightFarms Secures $100 Million Series E Round of Funding to Expand High-Tech Indoor Farming Across the U.S.
Press Release

IRVINGTON, N.Y., Oct. 28, 2020 /3BL Media/ – BrightFarms, a leading next-generation indoor farming company supplying U.S. grocery retailers with packaged salad greens, has secured more than $100 million in debt and new equity capital to support robust expansion plans. The Series E round of funding was led by Cox Enterprises, which now owns a majority stake in the company, and includes a follow-on investment from growth equity firm Catalyst Investors.

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