11-06-2019 11:20 via feedproxy.google.com

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

Infarm, the Berlin-based startup that has developed vertical farming tech for grocery stores and restaurants, is disclosing $100 million 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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