Key Takeaways
- Soli Organic Hires Industry Veteran: Jeff Jackson joins as Chief Infrastructure Officer, bringing vast experience from Tesla and Samsung.
- Expansion and Innovation Drive: Aimed at broadening its high-tech, soil-based indoor farm network across the U.S.
- Support from Significant Funding: Following a $125 million Series D funding round, the company gears up for geographic and infrastructural expansion.
- Strategic Growth in Controlled Environment Agriculture: With a focus on sustainability and affordability, Soli Organic aims to lead in organic produce supply.
- Commitment to Sustainability: Jackson to lead the way in clean energy sourcing and low-carbon operations.
Expanding Leadership for Strategic Growth
Soli Organic Inc., a pioneering force in the agriculture sector, has officially announced Jeff Jackson’s appointment as Chief Infrastructure Officer. This strategic move is set to harness Jackson’s extensive background in operations and engineering, most notably from his time at Tesla and Samsung, to bolster Soli Organic’s mission of expanding its unique soil-based, indoor farming operations across the United States.
Leveraging Significant Series D Funding
The announcement comes on the heels of a successful Series D funding round, which raised nearly $125 million. These funds are earmarked for the development of new facilities, geographic expansion, and the integration of innovative technologies that align with Soli Organic’s commitment to sustainability and efficiency. Jackson’s role will be pivotal in utilizing this investment to scale the company’s infrastructure, enhance clean energy sourcing, and streamline design processes.
A Focus on High-Tech, Sustainable Farming
With a vision to redefine the delivery of fresh, organic produce, Soli Organic is at the forefront of controlled environment agriculture. The company’s soil-based, indoor farms not only secure a stable supply of organically grown produce but also meet the growing consumer demand for sustainable and affordable food options. Under Jackson’s guidance, the company is set to expand its operations, including completing new facilities in Brooks, Texas, and Marysville, Washington, and exploring new locations that bring fresh produce closer to consumers.
Strategic Development and Sustainability Goals
Jackson’s wealth of experience with leading tech companies like Tesla will be invaluable as Soli Organic navigates the complexities of building high-tech agricultural facilities and pursues aggressive growth targets. His leadership will be crucial in advancing the company’s sustainability initiatives, including clean energy sourcing and reducing the carbon footprint of its operations. By leveraging his background, Jackson is expected to drive significant progress in making organic produce more accessible and environmentally friendly.
A Leader in Organic Agriculture
Founded in 1989 as Shenandoah Growers, Inc., Soli Organic has grown to become the leading provider of USDA-certified organic herbs and produce in the U.S. The company’s innovative indoor organic soil-based growing system has set new standards in the industry, emphasizing sustainability, affordability, and regional growth. With a solid foundation and a clear vision for the future, Soli Organic is poised to expand its impact, offering consumers nationwide access to fresh, sustainable, and organically farmed produce.
Soli Organic Latest News
Discover the company’s profile in our directory here.
First Soil-Based Organic Indoor Farm To Be Built in San Antonio (2022/11/16)
Soli Organic Inc. plans to build a high-tech, automated indoor farm and packing facility in the Brooks neighborhood of San Antonio, Texas. The farm will expand the company’s national footprint by 100,000 square feet of growing space and an additional 40,000 square feet of processing. The new facility will allow the company to serve 3,000 retailers and millions of customers in the Texas Triangle and throughout the Southwest region. They use a six-level tray system to produce better yields and offer fresh, 100% USDA-certified organic herbs and leafy greens at a lower price point. Soli Organic plans to open more farms in the Midwest and Northeast.
Soli Organic Banks a USD 125M To Scale Soil-Based Indoor Ag (2022/10/12)
Soli Organic has announced the close of a $125 million Series D funding round. The funding will be used to build additional high-tech indoor farms in strategic locations nationwide, including the Midwest and Northeast. Soli Organic’s unique technology advantage enables them to offer a superior consumer proposition with high quality and better unit economics, breaking the paradigm that organic food must cost more. The round was led by global investment group CDPQ, with participation from Movendo Capital, S2G Ventures, Cascade Asset Management Company, and XPV Water Partners.
Soli Organic Lands New Basil Line In Stores (2022/05/24)
Soli Organic’s new line of USDA certified organic ‘Indolce’ basil is now available in over 2,000 select stores across 15 Mid-Atlantic distribution centers. The company’s indoor production system allows it to grow without artificial substrates or expensive synthetic fertilizers, resulting in a superior quality product available at nearly a dollar less per ounce than field-grown organic produce. Soli Organic recently announced a $50 million financing arrangement to expand its production capacity and meet rising demand.
Image provided by Soli Organic
