AppHarvest

About

AppHarvest is a sustainability company that operates and develops robust, climate-resilient indoor farms.

Morehead,Kentucky,United States
https://www.appharvest.com

Highlights

Details

Last Funding Type: Post-IPO Debt
Last Funding Money Raised: $30M
Industries: Agriculture,AgTech,Farming,Food and Beverage,Nutrition
Founded date: Jan 1, 2017
Operating Status: Active
Stock Symbol: nasdaq:APPH
Legal Name: AppHarvest, Inc

AppHarvest is a food production company that builds a robust and climate-resilient food system for all. It specializes in the fields of agriculture, farming, and technology. The company is currently combining conventional agriculture techniques with today’s technology to grow non-GMO, chemical-free produce.

AppHarvest was founded in 2017 and is headquartered in Morehead, Kentucky.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

11

$1.12B

AppHarvest has raised a total of $1.12B in funding over 2 rounds. Their latest funding was raised on Oct 26, 2022 from a Post-IPO Debt round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Oct 26, 2022	Post-IPO Debt	$30M	1	Sunset	—	Detail
Aug 2, 2022	Post-IPO Debt	$50M	1	U.S. Department of Agriculture	—	Detail
Apr 16, 2021	Post-IPO Equity	$48.99M	—	—	—	Detail
Feb 1, 2021	Post-IPO Equity	$375M	2	Fidelity Management and Research Company Inclusive Ventures	—	Detail
Feb 1, 2021	IPO	$475M	—	—	—	Detail

Investments

Number of Investments

Number of Lead Investments

3

0

AppHarvest has made 3 investments. Their most recent investment was on Aug 15, 2021, when Red Sea Farms raised $6M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Aug 15, 2021 Red Sea Farms	Series A	$6M	Agriculture	—
Jun 29, 2015 Airtable	Series A	$7.60M	Collaboration	—
Apr 1, 2014 Flexport	Series A	$6.90M	Freight Service	—

Investors

Number of Lead Investors

Number of Investors

7

12

AppHarvest is funded by 12 investors. Sunset and U.S. Department of Agriculture are the most recent investors.

Investor Name	Lead Investor	Funding Round
Sunset	Yes	Post-IPO Debt
U.S. Department of Agriculture	Yes	Post-IPO Debt
Fidelity Management and Research Company	Yes	Post-IPO Equity
Inclusive Ventures	Yes	Post-IPO Equity
Bossanova Investimentos	—	Series C
Endeavor Catalyst	—	Series C
Equilibrium Capital	—	Series C
Narya Capital	—	Series C
Revolution’s Rise of the Rest Seed Fund	—	Series C
S2G Ventures	—	Series C