GoodLeaf Farms Raises $52 Million for Canada Expansion
November 17, 2025 
Greens growing in an indoor farm. | Photo courtesy of Unsplash
GoodLeaf Farms, Canada’s largest vertical farming operator, has completed an equity financing totaling $52 million. The funds will be used to expand the company’s production capacity in Alberta and Quebec while also establishing a new research and development center in Ontario.
The last year was significant for GoodLeaf Farms, marked by accelerated growth and a sharp increase in demand for its Canadian-grown baby greens, microgreens, and blends across Canada. Combined with the launch of its Agricultural Centre of Excellence in Guelph, Ontario, as a new hub for research and development, the company is well positioned to lead the vertical farming industry into a strong and viable future.
This funding round included investments from new and existing shareholders including Farm Credit Canada (FCC), Power Sustainable Lios, and McCain Foods.
Part of the new investment will support the creation of a new research and development centre in Ontario focused on developing more sustainable and efficient growing practices across GoodLeaf’s three vertical farms.
“McCain Foods is a homegrown Canadian success story; we invest in fellow Canadian innovators transforming agriculture and advancing sustainability,” says Charlie Angelakos, vice president, global external affairs and sustainability, at McCain Foods. “From the early days, we have been a key partner in GoodLeaf’s development, and we’re excited to continue supporting their mission.”
