80 Acres Farms, the industry-leading vertical farming company, has secured $160 million in additional funding in a round led by General Atlantic and joined by Siemens Financial Services, Inc. (the U.S. financing arm of global technology company Siemens). The company intends to utilize the capital for continued expansion and product development, building from its current footprint of vertical farms that yield a diverse offering of high-quality produce.
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Story excerpt provided by Yahoo Finance.
Written by AccessWire.
Originally published August 9, 2021.