Hippo Harvest Announces $21 Million Series B Funding Led by Standard Investments to Scale Next-Generation Greenhouse Platform
SAN FRANCISCO, Feb. 14, 2024 /PRNewswire/ -- Hippo Harvest, a controlled environment agriculture (CEA) startup developing advanced greenhouse systems that produce sustainably-grown produce, today announced the close of its $21M Series B funding round led by Standard Investments. Congruent Ventures, Amazon's Climate Pledge Fund, Hawthorne Food Ventures, and Energy Impact Partners also participated in the round. The funding will be used to scale the company's greenhouse operations and to expand its product offerings into new categories of leafy greens.
- SAN FRANCISCO, Feb. 14, 2024 /PRNewswire/ -- Hippo Harvest , a controlled environment agriculture (CEA) startup developing advanced greenhouse systems that produce sustainably-grown produce, today announced the close of its $21M Series B funding round led by Standard Investments .
- The funding will be used to scale the company's greenhouse operations and to expand its product offerings into new categories of leafy greens.
- Founded in 2019, Hippo Harvest operates a first-of-its-kind repurposed greenhouse facility in Pescadero, CA that out-competes traditional greenhouses in scalability and unit economics and is comparable to traditional outdoor-grown produce prices.
- "We're excited by the opportunity to scale our production and reach more consumers with high-quality, sustainable produce," said Hippo Harvest CEO Eitan Marder-Eppstein.