The Ideo, Bonnier, JR East, and Demand Analytics-backed urban farm owner has pulled in new equity and debt financing from existing investors.
Infarm, a Germany-based indoor farm operator backed by corporate investors Ideo, Bonnier, JR East, and Demand Analytics, has picked up $100m of debt and equity financing, Bloomberg has reported.
Venture capital firms Hanaco Ventures and Atomico provided the capital together with undisclosed existing investors, and it increased Infarm’s total financing to over $400m. It is also looking to raise an additional $250m of funding, according to a Sky News report.
Founded in 2013, Infarm uses cloud-enabled vertical farming technology to…
