BrightFarms Raises $20M to Power the Future of Sustainable, Local Farming

BrightFarms is thrilled to announce our latest funding milestone, having raised $20,000,000 to accelerate our mission of transforming the food supply chain. As a company that develops local produce nationwide, we are committed to eliminating the time, distance, and costs associated with traditional food distribution by financing, building, and operating local greenhouse farms. This infusion of capital reinforces our innovative model for sustainable, local farming, which not only employs local community farmers but also provides pesticide-free produce to consumers. Our goal is to create an accessible, energy-efficient, and environmentally responsible food system that benefits families, neighborhoods, and cities alike. The funding will be strategically deployed to expand our network of state-of-the-art greenhouse farms and enhance partnerships with supermarkets, cities, capital sources, and vendors. By investing in local infrastructure, we aim to reduce the large environmental footprint characteristic of centralized, field-grown agriculture, using significantly less energy, land, and water. This approach not only makes economic sense but also contributes to building a more resilient local food ecosystem and supporting communities with fresher, healthier options on their tables. Recognized as one of the “World’s 50 Most Innovative Companies” by Fast Company and as one of the “Top 10 Most Innovative Companies in Food” globally, BrightFarms is excited about the future. The new funds mark a pivotal step forward in strengthening our commitment to sustainable practices and innovative local agriculture. We look forward to leveraging this investment to continue disrupting conventional agricultural methods and to drive positive change in how food reaches our communities. For more information about our journey and future plans, please visit www.brightfarms.com.