Infarm

These venture- and private-equity-backed startups are tackling some of society’s biggest challenges—and having an impact that belies their size.

Impact 20-2020-Infarm

The German start-up is focused on reducing both the environmental and geographical footprint of farming. Rather than grow things in far-off fields and transport them to population centers, Infarm—which has 1,000 farms in 10 countries—concentrates the entire agricultural supply chain in a single store or distribution center, in order to grow its products as close as possible to where it sells them. The start-up grows 65 varieties of greens using hydroponic technology, a method that Infarm says uses 95% less water and 75% less fertilizer than soil-based agriculture. In late September, Infarm announced it has raised more than $170 million in its latest, ongoing round of fundraising.

Impact 20

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Infarm

Infarm in Fortune Rankings