BrightFarms

BrightFarms

Financials

Estimates*

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Revenues, earnings & profits over time
USD2017
Revenues9.8m
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DateInvestorsAmountRound
-

N/A

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$4.3m

Series A

$4.9m

Series B

$2.7m

Series B

$15.8m

Series B

$30.2m

Series C

$55.0m

Series D

$100m

Series E

N/A

Acquisition
Total Funding€194m

Recent News about BrightFarms

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More about BrightFarmsinfo icon
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BrightFarms is a pioneering company in the field of sustainable agriculture, specializing in the production of fresh, pesticide-free leafy greens. Operating in the United States, BrightFarms runs several high-tech greenhouses strategically located near major urban centers such as Cincinnati, Columbus, Dayton, Chicago, Washington D.C., Baltimore, Northern Virginia, Philadelphia, and more. These greenhouses collectively produce millions of pounds of leafy greens annually, ensuring a steady supply of fresh produce to local grocery stores and markets.

BrightFarms' business model revolves around local production and distribution, significantly reducing the carbon footprint associated with long-distance transportation of produce. By growing their greens in controlled environments, they can maintain high standards of quality and safety, offering consumers a healthier and more sustainable option compared to traditional farming methods.

Revenue is generated through direct sales to grocery stores and other retail outlets, capitalizing on the growing consumer demand for locally-sourced, organic, and non-GMO produce. The company's commitment to sustainability and innovation has positioned it as a leader in the market for fresh, locally-grown greens.

Keywords: sustainable agriculture, greenhouse farming, leafy greens, pesticide-free, local markets, high-tech greenhouses, fresh produce, organic, non-GMO, urban centers.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.