Greenhouse startup ‘AppHarvest’ raises $28 million

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High-tech greenhouse startup AppHarvest has raised about $28 million in the Series C funding round led by Narya, the new venture capital firm and venture capitalist Peter Thiel.

The investment round witnessed participation from existing investors also including ValueAct Capital’s Spring Fund, Revolution’s Rise of the Rest Seed Fund, and Equilibrium.

“They’re all very strategic investors. In this round, we pivoted a little more towards getting some tech investors who can be helpful as we build out our tech team on top of our core business of building these greenhouses,” AppHarvest founder and CEO Jonathan Webb said.