Overview
Funding Rounds 1
| Date | Series | Amount | Investors |
| Sign up to see | Sign up to see | Sign up to see | Sign up to see |
Mentions in press and media 20
| Date | Title | Description |
| Sign up to see | Sign up to see | Sign up to see |
| Aug 22, 2023 | Indoor ag has hit ‘a bump on the S curve,’ not the trough of disillusionment – EY agrifood leader | There are plenty of labels these days for the state of controlled environment agriculture (CEA): depression; correction; the increasingly popular “trough of disillusionment,” that thrive-or-die low point on the Gartner Hype Cycle startups m... |
| Jun 23, 2023 | Q&A: Local Bounti’s new CEO on greenhouses vs. vertical farms and where CEA’s next priorities lie | Despite turbulent times for controlled environment agriculture (CEA), not every company is teetering on the brink of bankruptcy, cash shortages and closures. US-based Local Bounti, for example, has hit a number of positive milestones over t... |
| Mar 30, 2023 | The Week in AgriFoodTech: Local Bounti lands $145m, Momofuku Goods bags $17.5m, Vow’s ‘mammoth’ meatball | This week, indoor farming startup Local Bounti raised additional funding, as did the Momofuku restaurant group’s spinoff company, Momofuku Goods. Indoor mushroom startup Smallhold expanded thanks to a retail partnership, and cultivated meat... |
| Oct 27, 2022 | The Week in Agrifoodtech: Trigo’s $100m, Dutch gov’t backs cultivated meat, Bill Gates wants to decarbonize rice | This week, foodtech startup Trigo landed funds for its automated checkout system that lets shoppers purchase goods without waiting for a cashier. The Dutch government is allocating new funds to cultivated meat initiatives, and Bill Gates an... |
| Oct 24, 2022 | Local Bounti secures $23.3m investment to meet robust consumer demand and improve unit economics | The funding comes from existing investors including Fidelity Management & Research Company and BNP Paribas. Under the terms of the offering, Local Bounti has agreed to issue and sell in a private placement an aggregate of approximately ... |
| Jul 14, 2022 | The Week in Agrifoodtech: Cruising Kitchens nets $100m, foodtech layoffs & shutdowns continue | The biggest funding round this week went to mobile kitchen manufacturer Cruising Kitchens, which counts Hard Rock Cafe, Whataburger, and the LA Dodgers among its clients. But a growing number of foodtech headlines these days seems to be abo... |
| Mar 17, 2022 | The Week in Agrifoodtech: Licious nets $150m, Bear Robotics raises $81m | Licious, an India e-commerce marketplace for meat, scored $150 million in Series F-plus investment this week, while California’s Bear Robotics bagged $81 million for its robot restaurant servers. Over in agtech, Local Bounti snapped up a ri... |
| Feb 4, 2022 | Brief: Greenlight Biosciences completes $1.2bn merger to list on Nasdaq, closes up 5% | Disclosure: AFN’s parent company, AgFunder, is an investor in Greenlight Biosciences. Greenlight Biosciences, which develops RNA products for agriculture and human health — including Covid-19 vaccines — became a publicly traded company yest... |
| Nov 25, 2021 | The Week in Agrifoodtech: Bioplastics firm RWDC raises $95m; funds for mammal-free milk | This week, Singapore-based bioplastics company RWDC raised nearly $100 million to advance its sustainable material for consumer packaged goods. Meanwhile, two mammal-free milk startups scored sizeable rounds and a US-based indoor grower com... |
Reviews 0
FAQ about Local Bounti
When was Local Bounti founded?
Local Bounti was founded in 2018.
How much funding has Local Bounti raised?
Local Bounti has raised $15M in total across 1 funding round.
What has the press written about Local Bounti?
Parsers VC has collected 20 articles mentioning Local Bounti, among them “Indoor ag has hit ‘a bump on the S curve,’ not the trough of disillusionment – EY agrifood leader” (Aug 22, 2023) and “Q&A: Local Bounti’s new CEO on greenhouses vs. vertical farms and where CEA’s next priorities lie” (Jun 23, 2023).
Is Local Bounti still active?
Yes, Local Bounti is active; its latest activity on Parsers VC dates from Mar 17, 2026.