The Development Bank of Japan (DBJ) has made an undisclosed investment in Equilibrium Capital’s Controlled Environment Foods Fund II, becoming the first regional Asian investor to do so.
Concerns about the resiliency of the food supply chain went from conceptual to concrete when the COVID crisis shut down railroads and stranded ships.
The controlled environment agriculture (CEA) space appears to be in a race, with startups jostling to see which can build the biggest facility or supply the most produce.
AppHarvest (“the Company”), a developer and operator of large-scale, high-tech controlled environment indoor farms, and Novus Capital Corp. (Nasdaq: NOVS) (“Novus Capital”), a publicly-traded special purpose acquisition company, announced today a definitive agreement for a business combination that would result in AppHarvest becoming a public company.
AppHarvest, a Morehead, Ky.-based developer of large-scale tomato greenhouses, is going public via a reverse merger with a SPAC called Novus Capital (Nasdaq: NOVSU). The company would have an initial market value of around $1 billion.
Revol Greens announced that it closed a $68 million funding round, bringing the fast-growing company’s total financing to $215 million as it executes on its strategy of five locations in five years.
AppHarvest (“the Company”), a developer and operator of large-scale, high-tech controlled environment indoor farms, and Novus Capital Corp. (Nasdaq: NOVS) (“Novus Capital”), a publicly-traded special purpose acquisition company, announced today a definitive agreement for a business combination that would result in AppHarvest becoming a public company.
Hort Americas is currently working on a germination and propagation project of leafy greens and culinary herbs.
The Texas indoor farm would be the startup’s third climate-controlled, solar-powered facility that grows produce sustainably and locally. CEO Mark Schulze says Revol’s high-tech greenhouses will make it the largest producer of indoor lettuce by the end of 2021.
Revol Greens announced today it closed a $68 million funding round, bringing the fast-growing company’s total financing to $215 million as it executes on its strategy of five locations in five years.