Florida Native Brick Street Farms Takes On Global Agriculture With Multi-Million Dollar Investment
The Ag Tech Innovator Scales its Local Approach to More Sustainably Feed Urban Communities
St Petersburg, FL (May 19th, 2020)- Brick Street Farms announces their new investors, Lykes Bros., a milestone championed by Florida Department of Agriculture Commissioner Nicole “Nikki” Fried, Mayor Rick Kriseman, St. Petersburg, FL, and Mayor Jane Castor, Tampa, FL. With Lykes Bros financial commitment to Brick Street Farms, the AgTech leader will scale its mission to lead the way in disrupting agriculture and reinventing possibilities to sustainably feed more people from urban locations, offer Brick Street Farm’s expertise so we can bring farm to fork in cities and contribute to healthier lives.
COVID-19 and climate change have accelerated existing strains in global food accessibility and supply chains, highlighting the need to rethink the world’s agriculture systems, particularly in dense city areas. In response to this crisis, Crunchbase News has cited that agriculture technology investments have grown 250% in the past 5 years alone. Brick Street Farms has been at the forefront of this industry because of their unique experience in both design and manufacturing of their THRIVE Containers as well as the operation of those farms for financial sustainability.
The AgTech’s ground-breaking approach is to bring to life cultivation centers, also known as Brick Street Farms hubs, which will serve as an all-inclusive onsite farming and retail shopping experience in urban cores. Brick Street Farms is reinventing urban farming with our self-contained, environmentally sustainable THRIVE Containers placed in Hubs. These hubs will grow between 16-20 acres of farmland on 1/3 acre lots. This Climate-Controlled Agriculture (CEA) maximizes output and minimizes water resources.
Brick Street Farms Founder and CEO, Shannon O’Malley observed “We could not be more honored to have Lykes Bros. as our newest investor. Brick Street Farms hubs will be the first of its kind and we can’t wait to share this innovation with the world. Our farming expertise combined with Lykes 121 years of experience in agriculture brings unparalleled leadership to feed more people ‘farm to fork’.”
“Lykes Bros. is excited to be advancing and investing in the future of agriculture. We see Brick Street Farms’ leadership and innovation in the controlled environment sector as the perfect fit for our company. They share our commitment to pioneering the future, and their hub innovation is a bold blueprint for producing healthy food locally and sustainably,” says Mallory Dimmitt, VP of Strategic Partnerships, Lykes Bros.
For more information about Brick Street Farms visit www.brickstreetfarms.com.
About Brick Street Farms
Brick Street Farms produce is grown and sold out of its St. Petersburg, Florida headquarters with a mission to ignite a sustainable farm revolution by dramatically reshaping the global population’s ability to access to clean, healthy food. Built for farming in all environments, Brick Street Farms provides healthy, fresh greens, year-round.
About Lykes Bros.:
Founded by Dr. Howell Tyson Lykes and his seven sons in 1900, Lykes Bros. Inc. is a leading Florida-based agribusiness with cattle, citrus, farming, forestry, hunting, and land and water resources operations as well as major landholdings in Florida and Texas. www.lykes.com.