WebOct 16, 2024 · 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. BrightFarms will use the funds to invest in its current farms and retail programs and expand its network of regional indoor farms across the U.S. WebBrightFarms Fresh Baby Greens Grown for Locals BrightFarms® greens are tender and delicious, clean and pesticide free, responsibly grown and delivered to local stores, by locals just like you. Hello, you are using an …
CSRWire - Cox Assumes Majority Ownership of BrightFarms
WebJun 28, 2024 · Cox Enterprises Invests in BrightFarms 06/28/2024. As part of its commitment to investing in sustainability, Cox Enterprises recently invested in BrightFarms. BrightFarms is the No. 1 brand in locally grown, packaged salads and recently raised over $50 million in equity financing to fuel its growth, with Cox … WebThe company is advancing Cox Cleantech’s mission by developing new methods for growing and producing food using scalable, sustainable models. BrightFarms eliminates time, distance and costs from the food … stores that sell kids shoes
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WebAcquired by Cox Enterprises in 2024, BrightFarms operates hydroponic greenhouse farms in the communities it serves, enabling it to eliminate time, distance and costs from the food supply chain. BrightFarms’ growing methods, a model for the future of scalable, sustainable local farming, use far less energy, land and water than long-distance ... WebDec 14, 2024 · Under Steve’s leadership, BrightFarms was acquired by lead investor Cox Enterprises in 2024, resulting in a clear roadmap for future growth and a positive exit for initial investors. His passion for BrightFarms’ mission and products led him to the company, which grows pesticide-free leafy greens in its six high-tech facilities across the country. WebAug 16, 2024 · BrightFarms will play a key role in helping Cox reach its goal of building a multibillion-dollar cleantech business by 2030. “BrightFarms is a perfect example of our Cox cleantech strategy – … stores that sell keto food