What is Infarm?
Founded in 2013 and headquartered in Berlin, Germany, Infarm operates a network of urban farms designed to cultivate fresh produce closer to consumers. This localized approach aims to reduce transportation costs and environmental impact while ensuring the availability of high-quality, fresh food. The company's vertical farming technology allows for efficient, year-round cultivation, independent of external climate conditions. Infarm's business model focuses on sustainability and scalability, positioning it as a key player in the agritech sector.
How much funding has Infarm raised?
Infarm has raised a total of $629.5M across 6 funding rounds:
Unspecified
$4.5M
Series A
$25M
Series B
$100M
Series C
$200M
Other Financing Round
$100M
Series D
$200M
Unspecified (2017): $4.5M with participation from Cherry Ventures
Series A (2018): $25M led by Balderton Capital
Series B (2019): $100M supported by Balderton Capital, Atomico, TriplePoint Venture Growth BDC, Astanor Ventures, and Cherry Ventures
Series C (2020): $200M featuring Mons Capital, TriplePoint Capital, LGT Lightstone, Hanaco, Astanor Ventures, Bonnier, Atomico, Latitude, and Haniel
Other Financing Round (2021): $100M backed by Atomico and Hanaco
Series D (2021): $200M with participation from Qatar Investment Authority, Hanaco, Bonnier, Atomico, Lightrock, and Partners in Equity
Key Investors in Infarm
Atomico
Atomico is a European Venture Capital firm headquartered in London, with offices in Paris, Berlin and Stockholm. Its founder and CEO is Niklas Zennström, a serial entrepreneur who co-founded Skype and Kazaa.
Balderton Capital
Balderton Capital (balderton.com) is a Londonbased venture capital firm that raises dedicated funds to invest in earlystage, highgrowth technology companies across Europe, typically leading Seed and Series A rounds and supporting founders through global scaleup and exits.
Hanaco
Hanaco is a venture capital firm that invests in early-stage technology companies, focusing on disruptive innovations and scalable business models.
What's next for Infarm?
With its recent major strategic investment, Infarm is poised to accelerate its expansion and further develop its technological capabilities. The substantial capital infusion, part of its $629.5M in total financing, will likely be directed towards scaling its operations, enhancing its farming infrastructure, and potentially entering new geographic markets. This funding round signals a critical phase of growth, enabling Infarm to solidify its market leadership and address the increasing global demand for sustainable food solutions. The company's trajectory suggests a continued focus on innovation and operational efficiency to meet its ambitious goals.
See full Infarm company page
