Greenhouse Grower Gotham Greens Raises $310 Million in Series E
The indoor-farming company plans to expand further around the US, tripling its production capacity
A Gotham Greens greenhouse.
Source: Arco Murray/Gotham Greens
Indoor-farming company Gotham Greens raised more than $310 million from investors in its latest funding round, the company said Monday.
The Series E round was led by new investors BMO Impact Investment Fund, a sustainability-focused investment fund of Bank of Montreal, and Ares Management funds. Other fresh investors include Commonfund Capital Inc., RockCreek and Kimco Realty Corp., and existing investors such as Manna Tree Partners and Silverman Group also joined. The round, which includes both equity and debt funding, brings the greenhouse grower’s total capital raised to $440 million.