Opus advises Jones Food Company on its equity raise
Category: Deal Announcement
Opus has advised vertical farming pioneer Jones Food Company (“JFC”) on raising growth capital, including further investment from existing shareholder Ocado.
JFC designs, builds and operates commercial scale vertical farms in the UK. The investment will be used to fund the next phase of JFC’s growth, including accelerating R&D and construction of JFC’s second farm, JFC2, in Gloucestershire. JFC2 is expected to be the world’s largest vertical farm with over 14,000m2 of automated growing space.