BrightFarms Secures $100 Million Series E Round of Funding to Expand High-Tech Indoor Farming Across the U.S.
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.
Shrinking your food footprint isn’t as daunting as it may seem. By eating in a more sustainable way, you can lower your environmental impact, protect ecosystems and contribute to food security not just for us, but for future generations, according to The United Nations’ Food and Agriculture Organization.
This is National Farmers Market week, and markets near you are probably ready to brim full of fruits and vegetables that local farmers will harvest through the fall. Famers Markets can be a lot of fun to visit—you might even discover a fruit or vegetable variety that you didn’t even know existed. But there are also health, environmental and community benefits that come from buying and eating fresh, local produce.
BJ’s Wholesale Club likes to support the small farms that make it their goal to grow and sell quality local produce for their communities.
That’s why BJ’s is once again partnering with the Macrie Brothers Farm located in Hammonton, New Jersey, known as the “Blueberry Capital of the World.” For more than 60 years, the Macrie family has been growing some of the finest blueberries.
Watch how their commitment of working together as a family results in the most delicious and freshest blueberries for BJ's Wholesale Club members year after year.
The journey from farm to table has costs at every turn.
In the 2012 documentary The Fruit Hunters, there’s a shot of the produce section of a grocery store. The camera pans across an expanse of fruit-laden tables, all piled several feet high with apples, pears, potatoes, and much, much more. “Abundance,” the narrator intones.
We aren’t the only ones who invest a lot of energy and care into the products that line our shelves. Our local farmer suppliers have long traditions of producing high-quality goods that shoppers can enjoy.
One such partner is California Cloverleaf Farms, one of the Burroughs family farms. Cloverleaf is one of many family-run California dairies providing certified organic milk for Safeway. Cloverleaf is committed to sustainable, organic family farming, and it has spent the past decade transitioning all of its land to organic.