BrightFarms closes on new financing

BrightFarms said Friday that it has closed a $13.65 million Series B-1 financing, led by WP Global Partners, NGEN Partners, Emil Capital Partners, and several other prominent investors.

The company said the investment would bolster BrightFarms’ leadership position in the local produce industry, with more than $40 million in capital raised to date, $100 million in contracted commitments from supermarket clients, and three commercial-scale greenhouse facilities in operation or dev

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