German Agritech Startup Infarm raises €176.8 Million, now valued at “well over” $1B 🚀 – Frankfurt Valley

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German Agritech Startup Infarm raises €176.8 Million, now valued at “well over” $1B 🚀

Berlin-based Infarm, an agritech startup that builds and distributes efficient vertical farms throughout cities, announced that it has raised $200M (approx €176.82M) in its Series D round of funding. According to the company, they are now valued at “well over” $1B.

Founded in 2013 by Osnat Micharli and the brothers Erez and Guy Galonska, Infarm aims to share the goodness of self-grown produce with everyone. The company has developed a smart modular farming system that allows distribution of vertical farms throughout the urban environment, growing fresh produce in practically any available space and fulfilling practically any market demand

Go to Publisher: Frankfurt Valley
Author: frankfurtvalley