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"We're expanding because we want to continue to support food service"

We re expanding because we want to continue to support food service
A 10-acre greenhouse facility in Massachusetts is providing the United States’ East Coast with “local lettuce that locals love,” according to the company’s slogan. Paul Sellew started Little Leaf Farms with the vision of supplying the East Coast with fresh, locally grown leafy greens. On February 17, the company announced that it had raised $90 million in debt and equity financing to fully fund this expansion from New England to the Mid-Atlantic and beyond.
Founded in 2015, Little Leaf Farms began with a 2.5-acre greenhouse in Devens, Massachusetts which has since expanded to 10 acres by September 2020. Little Leaf Farms strives to incorporate as many sustainability principles into its production as possible through rainwater collection, zero agrochemical use, zero human contact with the greens to enhance food safety, and reduction of food miles by delivering products locally. According to Paul, ....

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Little Leaf Farms raises $90M to fund East Coast expansion

Little Leaf Farms raises $90M to fund East Coast expansion
wbjournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wbjournal.com Daily Mail and Mail on Sunday newspapers.

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Little Leaf Farms in Devens raises $90M for East Coast expansion

Little Leaf Farms in Devens raises $90M for East Coast expansion
DEVENS Greenhouse-grown lettuce producer Little Leaf Farms has raised $90 million in debt and equity financing to build new East Coast sites to satisfy growing demand for its lettuce.
After opening in 2015, Little Leaf Farms has quadrupled in size. The company recently doubled its hydroponic greenhouse-growing capacity from 5 to 10 acres in Massachusetts and plans to continue growing by building more greenhouses across the East Coast.
Equilibrium Capital led the latest round of fundraising. Coppermine Capital, founding investor Bill Helman and Pilot House Associates were other key investors. Bank of America has already committed more than $20 million, with an additional $20 million planned in financing to support the company s growth. ....

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US lettuce grower raises $90 million to fund East Coast expansion

US lettuce grower raises $90 million to fund East Coast expansion
freshplaza.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freshplaza.com Daily Mail and Mail on Sunday newspapers.

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Little Leaf Farms raises $90m to further scale hydroponic greenhouse-grown lettuce

Little Leaf Farms raises $90m to further scale hydroponic greenhouse-grown lettuce
Hydroponic lettuce grower Little Leaf Farms has raised $90m in a recent funding round led by Equilibrium Capital to fully fund its East Coast expansion and build out new greenhouse sites in the region.
Other investors in the latest funding round include Coppermine Capital, investor Bill Helman, and Pilot House Associates. Bank of America has also committed more than $20m to date, with an additional $20m planned in financing to support
Equilibrium CEO David Chen, who will be joining Little Leaf Farms’ board of directors, said:
“Equilibrium Capital’s growth equity investment in Little Leaf Farms brings together a major player in next-generation indoor agriculture with the leader in CEA (controlled environment agriculture) investments. Little Leaf Farms is revolutionizing the industry with its sustainable indoor growing technologies, to grow fresh, n ....

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