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.
|No. of employees (approximate)||600|
LGT Lightstone, Cherry Ventures, Hanaco, Bonnier, Haniel, Latitude, Atomico, TriplePoint Capital, Mons Capital, Astanor Ventures