Soli Organic raises $125M to further expansion plans

Organic produce company Soli Organic raised nearly $125 million to build additional large soil-based indoor farms. It’s working toward having 15 farms nationwide but also has its sights on smaller regional facilities.

The Series D funding round was led by the investment group CDPQ. This is Soli’s third large raise in 12 months. It received $120 million in financing from real estate investment firm Decennial Group last October and reached a $50 million financing arrangement with Horizon Technology Finance in May. 

Read the complete article at   

Publication date:

Receive the daily newsletter in your email for free | Click here

Other news in this sector:

Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber