Greenhouse company AppHarvest soars 44% in SPAC debut

Shares of AppHarvest Inc., the first greenhouse company to go public via reverse IPO, soared 44% in trading Monday. The company APPH, -4.28%, whose goal is to operate a dozen greenhouses by 2025, is focused on producing tomatoes, berries, leafy greens, and cucumbers. “We want to build a better food company, one that is …

Investment group takes stake in greenhouse suppliers Prins Group and Stolze

greenhouse outdoor view

BACK TO NEWS “HAL Investments is working on a new portfolio of companies in the horticultural supply chain that can support each other on an individual project basis for large, complex and international projects that are increasingly initiated by investors” — HortiDaily READ MORE AT HORTIDAILY

BrightFarms Raised $100M Series E for its Indoor Farms

greenhouse interior

BACK TO NEWS “BrightFarms has raised a $100 million Series E round of funding for its indoor farms, Food Navigator reported yesterday. The round was led by Cox Enterprises, with participation from Catalyst Investors, and brings the total amount raised by BrightFarms to nearly $213 million.” — The Spoon READ …

Funding the Indoor AgTech Space

Peppers in cups

BACK TO NEWS “Lenders don’t work like equity investors or like private investors. They have checklists and black boxes that they use and you are not going to be able to charm them, or impress them with your vision, into committing earlier.” — Nicola Kerslake, Contain Founder, Vertical Farm Podcast …