BrightFarms has secured more than $100 million in debt and new equity capital to support robust expansion plans. The Series E round of funding was led by Cox Enterprises, which now owns a majority stake in the company, and includes a follow-on investment from growth equity firm Catalyst Investors. BrightFarms will use the funds to invest in its current farms and retail programs and expand its network of regional indoor farms across the U.S.
CEO of Catalyst-backed PresenceLearning, Kate Eberle Walker, discusses her company’s recent $27 million Series D. The pandemic accelerated the completion of the funding round, which helps the company’s expansion of online therapy and assessment services to meet growing school needs.
PresenceLearning, the leading provider of live online special education related services for K-12 schools, received a $27 million Series D investment led by Bain Capital Double Impact. Existing investors Catalyst Investors, New Markets Venture Partners and Catamount Ventures also participated in the round. The latest funding positions the company to accelerate its expansion of online therapy and assessment services to meet growing school needs.
Catalyst Investors partnered with Great Hill Partners to acquire EnterpriseDB, the leading database management system for PostgreSQL.
Catalyst led the $12 million Series B funding of the leading field data collection and project management platform for trade contractors. Catalyst partner Susan Bihler joined eSUB’s Board of Directors as part of the investment.
ChowNow, whose food-ordering platform makes it easier for local restaurants to accept online orders, has raised $21 million in a series C round of funding from private equity firms 3L Capital and Catalyst Investors.
Catalyst portfolio company Weave, a customer experience management (CXM) platform, raised an additional $37.5 million in a Series C funding round. Catalyst participated in the round led by Lead Edge Capital along with other existing investors Bessemer Venture Partners, Crosslink Capital and Pelion Venture Partners.
Galvanize has secured a $32 million Series C financing led by growth equity firm Catalyst Investors with participation from New Markets Venture Partners and existing investors: ABS Capital Partners, University Ventures and the Colorado Impact Fund. Tyler Newton from Catalyst Investors will join the Galvanize board ofdirectors.
Denver-based computer coding training school Galvanize is to acquire competitor Hack Reactor in a deal that brings together two of the largest privately held coding boot camps, the two companies told Reuters. Additionally, the company closed a $32 million funding round led by Catalyst Investors.
Indoor farming startup BrightFarms Inc. raised $55 million in new funding to open more hydroponic greenhouses across the U.S. as it seeks to capitalize on rising demand for locally grown food. The Series D round is led by Cox Enterprises Inc. and includes funding from existing investors Catalyst Investors, WP Global Partners and NGEN Partners.