In a bid to push more sustainable production into the US food system, hedge funder-turned impact investor Jeff Ubben is backing agricultural technology greenhouse start-up AppHarvest in his first deal since leaving ValueAct Capital Management  in June to launch a new firm, Inclusive Capital.

AppHarvest, which is planning to open the world’s largest greenhouse in autumn — on a nearly 150ha  patch of land near Morehead, Kentucky — raised $28m  in a Series C funding round, it announced on Thursday. That brings the total raised for the company to $150m over the past two years...

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