Morehead, KY – According to filings with the U.S. Securities and Exchange Commission, AppHarvest is raising $101,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Jonathan Webb 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 AppHarvest
AppHarvest is building some of Americas largest greenhouses, combining conventional agriculture techniques with todays technology to grow non-GMO, chemical-free produce. Our first greenhouse in Morehead, Kentucky, will span 60 acres. The facility will use 90% less water than traditional open-field agriculture. A technological marvel, our closed-loop water system utilizes a 10-acre rainwater retention pond and creates zero agricultural runoff. And were doing it all while creating nearly 300 jobs and helping Appalachia build a more resilient economy. Our central location here is within a days drive of 70% of the U.S. population, also allowing us to reduce the amount of fuel consumed in transportation by 80%.

To learn more about AppHarvest, visit http://www.appharvest.com/

Contact:
Jonathan Webb, Chief Executive Officer
606-653-6100
jonathan@appharvest.com
https://www.linkedin.com/in/jonathanwebbinfo/

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