Local Bounti Corporation/DE
Indoor vertical farming system with climate-controlled greenhouses for growing leafy greens
- Sector
- Agritech
- Headquarters
- HAMILTON, MT
- Founded
- 2021
- Latest Form D
- $25M, Apr 2025
- Total capital
- $40.3M
- Federal grants
- None on recordNo awards found in SBIR/STTR, NIH, NSF or DoD records.
- Private capital raised
- $40.3M
- 2 Form D · last Apr 2025
- 19 months since last filing
- Federal contracts
- None on recordNo federal contract awards found.
- Granted patents
- None on recordNo USPTO grants. Applications publish after 18 months.
Capital timeline
Latest events
- Private capital raisedForm D · SEC · 2nd filing$25M
- Private capital raisedForm D · SEC · 1st filing$15.3M
Node area is scaled to amount. Form D reports securities sold, which can differ from an announced round; filings are numbered in the order they were made.
Founders and team
From SEC Form D filings- B. David C. VosburgExecutive OfficerNamed in SEC Form D filings
- Brian M. CookExecutive OfficerNamed in SEC Form D filings
- Charles R. Schwab, Jr.DirectorNamed in SEC Form D filings
- Craig M. HurlbertExecutive Officer, DirectorNamed in SEC Form D filings
- Edward C. ForstDirectorNamed in SEC Form D filings
- Gary C. HilbergExecutive OfficerNamed in SEC Form D filings
Show all 14 people
- Kathleen M. ValiasekExecutive OfficerNamed in SEC Form D filings
- Margaret C. McCandlessExecutive OfficerNamed in SEC Form D filings
- Mark M. McKinneyExecutive OfficerNamed in SEC Form D filings
- Mark J. NelsonDirectorNamed in SEC Form D filings
- Matthew C. NordbyDirectorNamed in SEC Form D filings
- Michael J. MolnarDirectorNamed in SEC Form D filings
- Pamela J. BrewsterDirectorNamed in SEC Form D filings
- Travis M. JoynerExecutive Officer, DirectorNamed in SEC Form D filings
What it has protected
No granted patents are on record.
USPTO usually publishes applications 18 months after filing, so recent applications may not be visible yet. Patents assigned under a different entity name won’t match.
Checked: USPTO granted patents and published applications · Oct 23, 2026
Related companies, and why
- Solectrac LLCSimilar federal contract value in Agritech · null in contracts
- InnovalgaeSimilar federal contract value in Agritech · null in contracts
- Deep Root Biolabs, Inc.Similar federal contract value in Agritech · null in contracts
- Taza Aya LLCSimilar federal contract value in Agritech · null in contracts
- Spora Health, Inc.Similar federal contract value in Agritech · null in contracts
- SILVEC BIOLOGICS, INC.Similar federal contract value in Agritech · null in contracts
Regulatory activity · Agritech
- Supplemental Disaster Assistance Programs, Marketing Assistance Loans, and Sugar ProvisionsCommodity Credit Corporation
- Revisions to the Biorefinery, Renewable Chemical, and Biobased Product Manufacturing Assistance Loan ProgramRural Business-Cooperative Service
- Organic Certification Cost Share Program (OCCSP)Commodity Credit Corporation
- Technical Guidelines for the Production of Regenerative Agricultural Biofuel FeedstocksEnergy and Environmental Policy Office
- Rescinding Portions of U.S. Department of Agriculture Title VI Regulations To Conform More Closely With the Department of Justice's Regulations To Implement Executive Order 14281
- Assistance for Specialty Crop Farmers (ASCF) Program; Approval of Information Collection RequestCommodity Credit Corporation
Rules are matched to sector, not to company. Recent activity in a sector is context rather than a signal about this business — until rules are matched to what a company actually builds, the section is shown as context and nothing more.
Sources
Federal grants from SBIR/STTR, NIH, NSF and DoD records. Federal contracts from USAspending.gov. Private capital from SEC Form D. Patents from USPTO. Publications from OpenAlex. Regulatory activity from the Federal Register. Press matched on company name.
How to read this page
Figures show associations in public records, not causes or predictions. Nothing here is investment advice. An em-dash means no record was found under this company's name, not that none exists.
Data freshness
SEC Form D filings through . SBIR and STTR awards through .