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Infarm closes $100M Series B to scale its ‘urban farming platform’

Infarm closes $100M Series B to scale its ‘urban farming platform’

TechCrunch Startup News · TechCrunch

June 11, 20194m 11s

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Show Notes

Infarm, the Berlin-based startup that has developed vertical farming tech for grocery stores and restaurants, is disclosing $100 in in Series B investment. The round is led by London VC Atomico, and consists of mix of equity funding and debt financing. Infarm’s existing investors, including Balderton Capital, Astanor Ventures, Cherry Ventures, also participated in the round. In addition, TriplePoint Capital has invested, presumably providing a bulk if not all of the debt.

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