Tech Company Financing Transactions

BrightFarms Funding Round

Catalyst Investors, NGEN Partners and private investors invested in a $30.1 million Series C funding round for BrightFarms. This venture round was recorded on 9/23/2016.

Transaction Overview

Company Name
Announced On
9/23/2016
Transaction Type
Venture Equity
Amount
$30,100,000
Round
Series C
Investors

Catalyst Investors (Lead Investor) (Tyler Newton)

NGEN Partners (Peter Grubstein)

WP Global Partners (Gregory Oberholtzer)

Proceeds Purpose
With this financing, the largest equity investment to date in the controlled environment local produce industry, BrightFarms furthers its leadership position in transforming America's food system to include more commercial-scale fresh, healthy, local and sustainable produce.

Company Information

Company Status
Private & Independent
Industry
AgTech
Mailing Address
1 Bridge St. 002-4
Irvington, NY 10533
USA
Email Address
Overview
We finance, design, build and operate greenhouse farms at or near supermarkets. Our quest is to bring commercial scale urban agriculture to the market, take our farms and the industry to the next level, and change the way we eat as a society.
Profile
BrightFarms LinkedIn Company Profile
Social Media
BrightFarms Company Twitter Account
Company News
BrightFarms News
Facebook
BrightFarms on Facebook
YouTube
BrightFarms on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Paul Lightfoot
  Paul Lightfoot LinkedIn Profile  Paul Lightfoot Twitter Account  Paul Lightfoot News  Paul Lightfoot on Facebook
Controller
Kimberly Kaiser
  Kimberly Kaiser LinkedIn Profile  Kimberly Kaiser Twitter Account  Kimberly Kaiser News  Kimberly Kaiser on Facebook
Vice President
Erik Lallum
  Erik Lallum LinkedIn Profile  Erik Lallum Twitter Account  Erik Lallum News  Erik Lallum on Facebook
VP - General Counsel
Robert Levin
  Robert Levin LinkedIn Profile  Robert Levin Twitter Account  Robert Levin News  Robert Levin on Facebook
VP - Marketing
Abby Prior
  Abby Prior LinkedIn Profile  Abby Prior Twitter Account  Abby Prior News  Abby Prior on Facebook
VP - Operations
Josh Norbury
  Josh Norbury LinkedIn Profile  Josh Norbury Twitter Account  Josh Norbury News  Josh Norbury on Facebook


 

 

Browse more venture capital transactions:

Prev: 9/22/2016: OurCrowd venture capital transaction
Next: 9/23/2016: Centec Networks venture capital transaction

 

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About Database of VC Transactions

We do our best to report on funding rounds that are announced publicly. All VC database entries on this site are sourced from publicly available VC deal announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


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