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Cincinnati startup smashes fundraising total with landmark $160M raise

 Mike-Zelkind,-CEO-of-80-Acres-Farms

80 Acres Farms, a Hamilton-headquartered vertical farming company, has raised a landmark funding round as it looks to continue its expansion and product development.

The company Monday said it secured a $160 million Series B. That’s the largest total raise ever announced by a Greater Cincinnati-based startup — and by a long shot.

The round brings the company’s total funding to date to more than $250 million, Mike Zelkind, CEO of 80 Acres Farms, told me, catapulting 80 Acres into position as the region’s best-funded startup by more than $107 million.

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Story excerpt provided by Cincy Inno.

Written by Liz Engel.

Originally published August 9, 2021.