Infarm raises $170M in equity and debt to continue building its ‘vertical farming’ network [TechCrunch Blog]
Kroger Company (The) (KR)
Last kroger company (the) earnings: 3/5 08:30 am
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Source: TechCrunch Blog
InfarmLeading the round — which is expected to reach $200 million and is a mixture of equity and debt — is LGT Lightstone, with participation from Hanaco, Bonnier, Haniel, and Latitude.Existing Infarm investorsThat’s likely testament to the speed of new retail partnerships over the last twelve months. They include Albert Heijn (Netherlands), Aldi Süd (Germany), COOP/Irma (Denmark), Empire Company’s Sobeys, Safeway, and Thrifty Foods (Canada), Kinokuniya (Japan), Kroger (U.S.), and Marks & Spencer and Selfridges (U.K.).With operations across 10 countries and 30 cities worldwide, Infarm says it now harvests over 500,000 plants monthly, and in a much more sustainable way than traditional farming and supply chains. Its modular, IoT-powered vertical farming units claim to use 99.5% less space than soil-based agriculture, 95% less water, 90% less transport andzeroFounded in 2013 by Osnat Michaeli, and brothers Erez and Guy Galonska, Infarm’s “indoor vertical farming” system is capable of gr
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KR
News
- Trade watchdog: Big retailers used supply-chain problems to inflate grocery costs [Yahoo! Finance]Yahoo! Finance
- Kroger spending nearly $85 million to renovate several Dayton area stores [Yahoo! Finance]Yahoo! Finance
- Kroger (KR) Rises Yet Lags Behind Market: Some Facts Worth Knowing [Yahoo! Finance]Yahoo! Finance
- Kroger Makes Celebrating Mom even EasierPR Newswire
- The 2024 Milken Institute Global Conference Opens May 5, Convening Global Leaders to Discuss Strategies Aimed at Shaping a Shared Future [Yahoo! Finance]Yahoo! Finance
KR
Earnings
- 3/7/24 - Beat
KR
Sec Filings
- 4/29/24 - Form 4
- 4/26/24 - Form 4
- 4/25/24 - Form 4
- KR's page on the SEC website