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Venture Capital News: Soli Organic Inks $125M In Series D Funding

2022-10-12
HARRISONBURG, VA, Soli Organic, a soil-based, indoor farming company delivering 100% USDA certified organic produce, has closed a Series D funding round totaling nearly $125M.
Soli Organic Inc, the nation's only soil-based, indoor farming company delivering 100% USDA certified organic produce, has announced the close of a Series D funding round totaling nearly $125 million.

The round was led by global investment group CDPQ, with leading European investment firm Movendo Capital, B.V. also joining the round, along with follow-on investment from existing investors S2G Ventures, Cascade Asset Management Company and XPV Water Partners. Goldman Sachs & Co. LLC acted as exclusive placement agent for Soli Organic.
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