80 Acres Farms is expanding its vertical farming operations with a $200 million capital raise for which Barclays Corporate & Investment Bank served as sole placement agent.
NEWS | WIMBLEDON | SOLVING SUSTAINABLE
80 Acres Farms' Strawberry Crop at Wimbledon
"The Sustainable & Impact Banking team view vertical farming as a life-saving technology and are thrilled to have introduced 80 Acres Farms to a diverse group of investors aligned to the vertical farming mission. We look forward to advising the company on the next part of its growth strategy."
"We recycle water, don't use pesticides and grow close to points of consumption, reducing food miles and the resources need to transport our food. This is a compelling combination, and Barclays has helped introduce us to a wide range of investors who are interested in both of those objectives."
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