Local Bounti Corporation Secures $15 Million in Funding
PUBLIC · LOCLMar 16, 2026
Amount Raised
$15 Million
Round Type
Convertible Note
HamiltonManufacturingData And AnalyticsAgriculture And FarmingFood And BeverageFarming
Investors
U.S. Bounti, LLC
Description
On March 13, 2026, Local Bounti Corporation entered into a Convertible Note and Warrant Purchase Agreement with U.S. Bounti, LLC. The agreement entails a convertible note with an initial principal balance of $15 million and a warrant for purchasing common stock. The funds will be allocated for working capital and general corporate purposes
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Company Information
Company
Local Bounti
Location
Hamilton, Montana, United States
About
Local Bounti is revolutionizing the way produce is grown and delivered by providing fresh, locally grown, non-GMO greens year-round. Using advanced greenhouse technology, Local Bounti grows sustainable, root-on living products with 90% less water and land than traditional farming. With a focus on flavor, nutrition, and reduced environmental impact, Local Bounti brings the farm to your kitchen—fresh, efficient, and responsibly grown.
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HamiltonManufacturingData And AnalyticsAgriculture And FarmingFood And BeverageFarming