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Local Bounti Corporation Secures $12.5 Million in Funding

PUBLIC · LOCLAug 07, 20261 day ago

Amount Raised

$12.5 Million

Round Type

Convertible Note

HamiltonManufacturingData And AnalyticsAgriculture And FarmingFood And BeverageFarming

Investors

U.S. Bounti, Llc

Description

On August 7, 2026, Local Bounti Corporation entered into a Convertible Note and Warrant Purchase Agreement with U.S. Bounti, LLC. The agreement involves the issuance of a $12.5 million convertible note and a common stock purchase warrant. The funds will be utilized for working capital and general corporate purposes

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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1 contact
Verified contactsCraig H., Executive Officer, Director hidden
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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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