Announced
Completed
Financials
Tags
packaged food
Private
crop sustainability
Food Products
Acquisition
Domestic
Friendly
Single Bidder
Minority
Private Equity
United States
Completed
Synopsis
The Rise Fund, a venture capital firm, completed the $300m investment in Little Leaf Farms, a brand of packaged lettuce sustainably grown through controlled environment agriculture. "We've seen, especially in recent years, how important locally grown food is to communities, and we're proud to bring customers the freshest leafy greens that are harvested with 90% less water than conventional lettuces and shipped in less than 24 hours. With this funding, we're transforming the way millions of Americans eat and enjoy leafy greens, no longer relying on choices that have traveled thousands of miles across the country to reach them," Paul Sellew, Little Leaf Farms CEO.
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