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Author: From Produce Grower

Sensei Ag and Produce Grower

Sensei Ag Expands U.S. Greenhouse Network With 26-Acre Acquisition

From Produce Grower 

Sensei Ag recently acquired a 283,000-square-foot greenhouse and research facility on 26-acres of land in Lockhart, Texas. This strategic investment marks a significant milestone in the company’s plans to deliver fresh, greenhouse-grown produce to consumers across the United States.

“Texas has a rich, unique history in both agriculture and technology, making it a great choice for us,” said Dave Douglas, CEO at Sensei Ag.  “We look forward to being part of the local economy in Lockhart as an employer and producer of fresh produce.”

Construction is already underway, which includes an existing structure that will be outfitted with Sensei Ag’s proprietary growing technology. The upcoming facility is designed to grow leafy greens under the Sensei Farms brand, while optimizing resource efficiency and crop performance.

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AeroFarms

AeroFarms Faises Equity Financing for Expansion and Ongoing Operations

As reported in Produce Grower magazine: Indoor vertical farming company AeroFarms has refinanced its debt to support the ongoing operations at its farm in Danville, Virginia, and has raised equity financing to further support existing operations and fund pre-construction activities for its expansion to a second farm.

“Our vision is to provide local food production of nutritious microgreens to regions around the world while preserving natural resources,” said Molly Montgomery, executive chair and CEO of AeroFarms. “We have recently demonstrated that vertical farming can indeed be sustainable, profitable and produce fresh greens at scale. I would like to extend my gratitude to our financial partners who believe in our vision and have provided financing to support our operation in Danville and commencement of pre-construction activities for expansion to a second farm.”

Equity was provided by existing investors, including Grosvenor Food & AgTech (GFA), Ingka Investments, Cibus Capital and ACEG, among others.

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