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VC-funded Company:

BrightFarms
211 East 48th Street
New York, NY 10017
Phone: 212-358-1100
http://www.brightfarms.com/

BrightFarms grows local produce, nationwide. By financing, building, and operating local greenhouse farms, BrightFarms eliminates time, distance, and costs from the food supply chain. Borrowing from the highly successful renewable energy industry, BrightFarms signs long-term purchase agreements with supermarkets that feature fixed prices and minimum volume commitments. BrightFarms' growing method uses far less land and water than conventional agriculture, and its urban locations create local green jobs and help to bring healthy, fresh produce to neighborhoods. BrightFarms' partnerships with supermarkets, cities, capital sources, and vendors allow it to develop markets and projects faster and better than any competitor.

Key Contact
Name
Paul Lightfoot
Title
CEO
Funding Events

Date
Amount
Type
Investors
01/28/14 $4,900,000 Series B Emil Capital Partners
NGEN Partners
Ted Caplow
06/03/14 $2,400,000 Series B-1 Emil Capital Partners
NGEN Partners
Ted Caplow
WP Global Partners
09/22/16 $30,100,000 Series C Catalyst Investors
NGEN Partners
WP Global Partners
06/28/18 $55,000,000 Series D Catalyst Investors
Cox Enterprises
NGEN Partners
WP Global Partners
10/20/20 $100,000,000 Series E Catalyst Investors
Cox Enterprises