Who says lettuce and fish don’t make a great couple?Springworks Farm, a certified organic aquaponic greenhouse company based in Lisbon, Maine, has received a $22 million round of fresh funding that will fuel the company’s regional expansion. Raised through equity and debt, the capital will fund construction of Springworks’ fourth and largest greenhouse, which adds 120,000 square feet of production area, according to...

To supply customers with a steady supply of sustainably grown, fresh leafy greens, grocery retailers are increasingly turning indoors.The Kroger Co., the latest major grocer to partner with an indoor farming company, recently announced it would expand its offerings of greenhouse-grown produce from Gotham Greens from more than 300 stores today to nearly 1,000 stores by the end of 2023. In addition to produce, the expa...

Just when you thought the controlled environment agriculture hype was winding down, San Francisco-based vertical farming company Plenty Unlimited Inc. secures its largest investment to date.The indoor ag startup procured $400 million in a Series E financing round, led by One Madison Group and JS Capitol, that includes Walmart and existing investing partner SoftBank Vision Fund 1 in January 2022.Leaders from Walmart a...

Canadian greenhouse grower Lakeside Produce Inc., Leamington, Ontario, has filed for bankruptcy. The Packer confirmed the bankruptcy through documents of public record shared by the Fruit and Vegetable Dispute Resolution Corporation, Ontario, Canada.The bankruptcy order was made against Lakeside Produce Inc. on Jan. 17, 2023. Ernst & Young Inc. was appointed as trustee of the estate of the bankrupt, subject...

Citing “tremendous year-over-year growth” and “significant plans for expansion,” greenhouse fruit and vegetable company Pure Flavor has acquired DeTemporada Farms, a 25-acre greenhouse bell pepper farm located in Merlin, Ontario.“We are excited to announce the addition of DeTemporada Farms to our family,” Pure Flavor President Jamie Moracci said in a news release. “Increasing our owned acreage helps facilitate our gr...