The Tengelmann-backed urban farming company took its overall funding to $111m in a series D round led by Cox Enterprises.
Automotive services, media and communications group Cox Enterprises has led a $55m series D round for US-based healthy food provider BrightFarms.
Catalyst Investors, WP Global Partners and Ngen Partners also participated in the round, which boosted BrightFarms’ overall funding to $111m since it was founded in 2011.
BrightFarms grows fruit and vegetables using greenhouse farms built near urban areas, allowing it to quickly supply fresh produce to local supermarkets and restaurants. It utilises advanced agriculture techniques that greatly decrease the…
