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.
Cox Enterprises drew on the knowledge and experience of its 55,000 employees worldwide when it decided to overhaul its employment experience.
The Atlanta-based communications, media and automotive services conglomerate started a initiative in 2018 that builds on existing programs that benefit employee health, wellness and financial future, and workforce diversity, with an eye to transform what it’s like to work at Cox.
More than two dozen young people will learn to be global leaders and agents of nonviolent social change as participants in The King Center’s CampNow Leadership Academy, thanks to support from Cox Enterprises.
Through a partnership with The Martin Luther King, Jr. Center for Nonviolent Social Change, Cox is sponsoring scholarships that will send 25 students through the 2021 CampNow program.
Recently, Cox Enterprises announced the 2021 class of the Cox Enterprises Social Impact Accelerator powered by Techstars, now in its second year, will shift its focus to support for-profit companies that are addressing social justice and systemic racism issues. The three-month program will provide hands-on mentoring, funding and global connections to 10 for-profit, mission-driven companies.
A love for her communities. A passion for helping others. A commitment to doing the right thing. These are just a few of the values of Anne Cox Chambers. To honor her legacy, our company has created an award in her name that recognizes Cox employees who are making an impact through volunteerism and community service. The inaugural winner is Christine Romero, a client solutions specialist at Cox Automotive.
Rock the Vote and Cox Enterprises are announcing a new partnership aimed at ensuring Cox employees and customers have the resources they need to register to vote, become engaged, and make sure their voices are heard in this fall’s presidential election.
Ideabar, a Cox Enterprises company, to use Empowering Equality program to promote social justice
ATLANTA, Aug. 26, 2020 /3BL Media/ -- Ideabar is accepting nominations for the Empowering Equality program now through Sept. 30. One metro Atlanta nonprofit will win $250,000 of in-kind marketing services to advance racial equality and social justice. Ideabar, a Cox Enterprises company, is a world-class marketing and media agency with offices in Atlanta and West Palm Beach, Fla.