How Much Did Fieldless Raise?
Funding & Key Investors

Fieldless Farms, an Ottawa-based innovator in the controlled environment agriculture sector, has successfully secured a significant capital infusion to bolster its operational footprint. The company has reached a cumulative valuation milestone represented by $20.5M, with the most recent strategic financing round contributing $17.5M to its balance sheet. This influx of capital underscores the growing investor appetite for localized, year-round food production solutions that mitigate traditional supply chain vulnerabilities.

The trajectory of Fieldless Farms reflects a disciplined approach to scaling, moving from early-stage development to a more robust enterprise-level posture. By leveraging this latest investment, the firm is well-positioned to accelerate its mission of reclaiming regional food chains through high-tech, sustainable cultivation practices.

What is Fieldless?

Fieldless
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Fieldless Farms operates at the intersection of technology and agriculture, utilizing advanced controlled environment systems to produce reliable, high-quality greens regardless of seasonal fluctuations. Based in Ottawa, Ontario, the company addresses the critical need for food security by shortening the distance between harvest and consumption. By removing the reliance on traditional, climate-dependent farming, Fieldless Farms provides a scalable model for urban and regional food autonomy. Their market position is defined by a commitment to efficiency, safety, and the reduction of the carbon footprint associated with long-haul produce logistics.

How much funding has Fieldless raised?

Fieldless has raised a total of $20.5M across 2 funding rounds:

2020

Unspecified

$3M

2022

Unspecified

$17.5M

Unspecified (2020): $3M, investors not publicly disclosed

Unspecified (2022): $17.5M led by AgFood Fund and Forage Capital Partners

Key Investors in Fieldless

AgFood Fund

AgFood Fund is an alternative investment vehicle based in Melbourne, Australia, specializing in the agribusiness sector to provide defensive returns through strategic supply chain enhancements.

Forage Capital Partners

Forage Capital is a growth equity fund focused on the agriculture and food industry value chain, providing capital and operational expertise to companies undergoing significant business model transitions.

Undisclosed Investor

Undisclosed investor participating in the funding round.

What's next for Fieldless?

With the recent strategic investment, Fieldless Farms is expected to prioritize the expansion of its production capacity and the refinement of its proprietary cultivation technology. The company is likely to focus on scaling its infrastructure to meet the rising demand for locally sourced, pesticide-free produce in the Canadian market. Furthermore, the involvement of specialized agribusiness investors suggests a strategic pivot toward optimizing supply chain integration and enhancing operational efficiencies. As the firm matures, it will likely explore new geographic markets and potential partnerships with major retail distributors to solidify its competitive advantage in the rapidly evolving AgTech landscape.

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Frequently Asked Questions Regarding Fieldless Financial Insights

What are the most recent funding rounds that Fieldless has completed, and what were the funding rounds?
Fieldless has recently completed 2 funding rounds: Unspecified on Jul 14, 2022, Unspecified on Aug 5, 2020.
What is the total amount of funding Fieldless has raised to date?
Fieldless has raised a total of $20.5M in funding to date.
How many funding rounds has Fieldless completed?
Fieldless has completed 2 funding rounds.
How much funding did Fieldless raise in its most recent funding round?
Fieldless raised $17.5M in its most recent funding round.
Who are the lead investors in Fieldless's latest funding round?
The lead investor in Fieldless's latest funding round was AgFood Fund. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Fieldless's history?
The largest funding round in Fieldless's history was $17.5M.
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