# Indoor Urban Farming

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/indoor-urban-farming

- Industry: Agribusiness
- Headquarters: London, UK
- Website: www.infarm.com
- Total disclosed funding: $229M
- Latest round: Series D (Dec 16, 2021)
- Investors on record: 19

## About

Based in Berlin, Germany, and founded in 2013, Indoor Urban Farming GmbH operates as a cloud-based farming platform. The company was co-founded by Erez Galonska, Guy Galonska, and Osnat Michaeli. In March 2021, Indoor Urban Farming GmbH raised its latest venture funding from Hanaco Venture Capital.

Indoor Urban Farming GmbH is a provider of an alternative food system such as crystal, dijon mustard, golden frills mustard, greek basil, green baby pak choi, and green pea. The company also offers a food recipe.

Indoor Urban Farming GmbH plans to use its funding from March 2021 to scale operations and invest in further expansion and growth. In 2025, the company plans to scale its farming network by 10 times to establish 100 Growing Centers,  equivalent to 1.5 million sqm of farmland, and to produce 450 million plants across its network.

## Funding rounds

- Series D, Dec 16, 2021, $200M — Qatar Investment Authority, Atomico, Lightrock, Bonnier Capital, Hanaco Venture Capital, Partners in Equity
- Series C, Mar 5, 2021 — Atomico, Hanaco Venture Capital
- Series C, Sep 17, 2020 — Atomico, Haniel Group, TriplePoint Capital, Lightrock, Bonnier Capital, Hanaco Venture Capital, Mons Investments, Latitude Venture Partners, Astanor Ventures
- Series B, Jun 11, 2019 — Balderton Capital, Atomico, Cherry Ventures, Astanor Ventures
- Series A, Feb 5, 2018, $25M — Balderton Capital, TriplePoint Capital, Cherry Ventures, LocalGlobe, Quadia, Mons Investments, Impact Capital
- Seed, Jun 26, 2017, $4.5M — IDEO, Creative Foods, Cherry Ventures, LocalGlobe, Quadia, Demand Analytics

## Investors

- IDEO — Seed
- Creative Foods — Seed
- Cherry Ventures (https://capitalatlas.ai/funds/cherry-ventures) — Seed, Series A, Series B
- LocalGlobe (https://capitalatlas.ai/funds/localglobe) — Seed, Series A
- Quadia (https://capitalatlas.ai/funds/quadia) — Seed, Series A
- Demand Analytics — Seed
- Balderton Capital (https://capitalatlas.ai/funds/balderton-capital) — Series A, Series B
- TriplePoint Capital (https://capitalatlas.ai/funds/triplepoint-capital) — Series A, Series C
- Mons Investments — Series A, Series C
- Impact Capital — Series A
- Atomico (https://capitalatlas.ai/funds/atomico) — Series B, Series C, Series D
- Astanor Ventures (https://capitalatlas.ai/funds/astanor-ventures) — Series B, Series C
- Haniel Group — Series C
- Lightrock (https://capitalatlas.ai/funds/lightrock) — Series C, Series D
- Bonnier Capital (https://capitalatlas.ai/funds/bonnier-capital) — Series C, Series D
- Hanaco Venture Capital (https://capitalatlas.ai/funds/hanaco-venture-capital) — Series C, Series D
- Latitude Venture Partners (https://capitalatlas.ai/funds/latitude-venture-partners) — Series C
- Qatar Investment Authority (https://capitalatlas.ai/funds/qatar-investment-authority) — Series D
- Partners in Equity (https://capitalatlas.ai/funds/partners-in-equity) — Series D