Posts tagged funding
BERLIN-BASED STARTUP “INFARM” RAISES $25 MILLION FOR VERTICAL FARMING SYSTEM

Infarm, a startup that has developed vertical farming tech for grocery stores, restaurants and local distribution centres to bring fresh and artisan produce much closer to the consumer, has raised $25 million in Series A funding. The round is led by London-based VC firm Balderton Capital, with participation from TriplePoint Capital, Mons Investments, and previous investors Cherry Ventures, QUADIA and LocalGlobe.

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VERTICAL FARMING FUNDING ON THE RISE IN 2017 & PREDICTIONS FOR 2022

Vertical farming is an industry with enormous potential to change the way we eat. By saving resources and producing local food, vertical farming may alleviate many of the concerns facing traditional agriculture. However, to become a thriving, sustainable industry will require funding. This means venture capitalists, angel investors, crowdfunders, and government must demonstrate enough interest to dedicate money to vertical farming ventures. Without proper funding, a future with vertical farming, and other indoor agriculture methods, will not be possible.

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