When it comes to feeding the world of the future, food suppliers are in for quite a challenge. Analysts predict that by the year 2050, the global population will increase from 8 billion to 10 billion. In just three decades, our population will grow by 25%.
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Two crossed lines that form an X . It indicates a way to close an interaction, or dismiss a notification. Jonathan Webb, the CEO of AppHarvest. AppHarvest
AppHarvest closed its $1 billion SPAC deal and began trading as a public company Monday.
CEO Jonathan Webb explained how it grew from a $250,000 seed round to a public company in three years. How it happened is really, I think, a function of just the desperation from investors, Webb said.
AppHarvest on Monday became the first greenhouse company to go public via a reverse merger with a blank-check company, opening at $35.69 on the Nasdaq. Shares were up as much as 15% at the start of trading.