Local BountiLOCL
About: Local Bounti Corp is a controlled environment agriculture company. Its business model is based on building local facilities, operated by local teams, to deliver fresh and quality produce to local communities while maintaining a limited carbon footprint. Using proprietary technology to grow leafy greens and herbs in smart greenhouses with a cultivation process that uses less water and land than conventional agriculture, free from herbicides or pesticides, it delivers products that have a longer shelf life, and are good in taste.
Employees: 301
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
0.12% more ownership
Funds ownership: 11.26% [Q2] → 11.39% (+0.12%) [Q3]
0% more funds holding
Funds holding: 18 [Q2] → 18 (+0) [Q3]
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
8% less capital invested
Capital invested by funds: $2.67M [Q2] → $2.46M (-$208K) [Q3]
60% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 5
Research analyst outlook
We haven’t received any recent analyst ratings for LOCL.
Financial journalist opinion
Based on 4 articles about LOCL published over the past 30 days
