Billerica Massachusetts based Agrify Corp is raising $26,000,000.00 in New Equity Investment.
Billerica, MA – According to filings with the U.S. Securities and Exchange Commission, Agrify Corp is raising $26,000,000.00 in new funding. Sources indicate as part of senior management President, Raymond Chang played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Agrify Corp
Agrify is a vertically integrated provider of premium cultivation and extraction solutions for the cannabis and hemp industry. Our proprietary micro-environment-controlled Vertical Farming Units (VFUs) enable our customers to produce the highest quality products with unmatched consistency, yield, and ROI at scale. Agrify brings data, science, and technology to its customers for unparalleled control over cultivation and extraction. Agrify Corporation develops precision hardware and software grow solutions for the indoor agriculture marketplace primarily in the United States. It offers vertical farming units, integrated grow racks, and LED grow lights; and non-proprietary products designed, engineered, and manufactured by third parties, such as air cleaning systems and pesticide-free surface protection products. The company also provides associated services comprising consulting, engineering, and construction. The company was formerly known as Agrinamics, Inc. and changed its name to Agrify Corporation in September 2019. Agrify Corporation was incorporated in 2016 and is based in Burlington, Massachusetts.
To learn more about Agrify Corp, visit http://www.agrify.com/
Contact:
Raymond Chang, President
617-896-5243
ray.chang@agrify.com
https://www.linkedin.com/in/raymondnchang/
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