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Dream Harvest Secures $50 Million Capital Raise From Orion Energy Partners To Significantly Scale Production

Dec 07, 2021•over 3 years ago

Amount Raised

$50 Million

Houston

Description

Dream Harvest Farming Company, a Houston-based vertical farming pioneer founded in 2015 to combat the increasing problem of food and resource waste through enhanced sustainable farming, announced it has secured a $50 million capital raise from Orion Energy Partners. The funds will be used to scale production and meet significant demand with the construction of a new 100,000-square foot indoor growing facility, enabling it to serve additional retailers and scale its current operations.

Company Information

Company

Dream Harvest

Location

Houston, Texas, United States

About

Founded in 2015, Dream Harvest Farming Company has grown rapidly, responding to consumer demand and leveraging an innovative approach to vertical farming as well as deep expertise in plant science, hydroponics and bioengineering. Its sustainable, indoor farm generates 400 times the yield of an outdoor farm, uses just 5 percent of the water, consumes far less land and allows absolutely no pesticides, not even the organic kinds. Dream Harvest now has proprietary formulas for managing more than 100 produce varieties throughout the growth cycle, as well as extensive controls and procedures to ensure food safety and consistency of quality. For more information, please visit www.dreamharvestfarms.com.

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