BrightFarms Secures $100 Million Series E Round of Funding to Expand High-Tech Indoor Farming Across the U.S.
IRVINGTON, N.Y., Oct. 28, 2020 /3BL Media/ – BrightFarms, a leading next-generation indoor farming company supplying U.S. grocery retailers with packaged salad greens, has secured more than $100 million in debt and new equity capital to support robust expansion plans. The Series E round of funding was led by Cox Enterprises, which now owns a majority stake in the company, and includes a follow-on investment from growth equity firm Catalyst Investors.
Motivated by a combination of environmental sustainability and diversity in diet, consumers are driving changes to food patterns across the world. All it takes is a glance at restaurant menus or the refrigerated sections of grocery stores to see that plant-based food is likely more than a passing trend.
This past week, during the 75th (and first-ever virtual) UN General Assembly, AB InBev joined conversations around the world’s most pressing problems. In collaboration with industry, government and civil society leaders, we look for solutions and opportunities to address the economic impact of the pandemic, climate change’s increasing pressure on the global food system, and advocate for collaboration to accelerate progress.
Today General Mill joins retailers Ahold Delhaize and Carrefour in the groundbreaking “10x20x30” initiative to root out food loss and waste from the supply chain. 10x20x30 is led by more than ten of the world’s biggest food retailers and providers, each having committed to engage at least 20 suppliers in a “whole supply chain” approach to halving food loss and waste by 2030. General Mill is one of Ahold Delhaize and Carrefour’s major suppliers for consumer packaged goods.
Building a better world is a task that can only be achieved when we work together, even when we’re at a distance. We support the United Nations SDGs and are committed to working with our partners towards a more sustainable future.
The company prepares to launch its new corporate responsibility goals this fall
AUSTIN, Minn., September 23, 2020 /3BL Media/ – Hormel Foods Corporation (NYSE: HRL) today announced the launch of its 14th annual corporate responsibility (CR) report. The report is available online at https://csr.hormelfoods.com/ and includes information about the company’s CR progress in fiscal 2019.
Micro-consulting platform taps NextGen Ag experts to help clients drive sustainability across operations
OVERLAND PARK, Kan., September 28, 2020 /3BL Media/ – A growing global population and impacts from climate change are challenging the world’s food supply chain, making the future of food, beverage and agriculture sectors more exciting – or unknown.
According to the analysis, greenhouse gas (GHG) emissions in product plantations in the region are about 70% lower than the world average
SÃO PAULO, September 22, 2020 /3BL Media/ - An unprecedented study conducted by Imaflora in partnership with General Mills, the food industry that owns the brands Yoki, Kitano, Häagen-Dazs, Mais Vita, Betty Crocker and Carolina, and carried out through its philanthropic foundation, revealed that greenhouse gas (GHG) emissions in popcorn maize production in Brazil is about 70% lower than the global average.