About iFarm
iFarm is a company based in Espoo (Finland) founded in 2017. It operates as a SaaS (Software-as-a-Service), Professional Services, and AgriTech Models. iFarm has raised $5 million across 2 funding rounds from investors including IMI.VC, Boris Kim and Taver Capital. iFarm offers products and services including iFarm Leafy Greens, iFarm StackGrow, iFarm Microgreens, iFarm Growtune, and iFarm Berries. iFarm operates in a competitive market with competitors including Niqo Robotics, Naio Technologies, Small Robot, Aigen and XAG, among others.
- Headquarter Espoo, Finland
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Sectors
AgricultureIndustrial Goods & Manufacturing
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Email
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Phone
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Website
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Social
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- Legal Name Smart Farming Technologies Ltd / Intellectual Farms Oy
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$5 M (USD)
in 2 rounds
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Latest Funding Round
$4 M (USD), Series A
Aug 20, 2020
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Investors
IMI.VC
& 3 more
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Employee Count
Not available
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Products & Services of iFarm
iFarm offers a comprehensive portfolio of products and services, including iFarm Leafy Greens, iFarm StackGrow, iFarm Microgreens, iFarm Growtune, and iFarm Berries.
Hydroponic system for growing salads and herbs indoors.
Automated hydroponic solution for salads with energy savings.
Industrial-scale microgreens cultivation using Flood & Drain method.
SaaS platform for managing automated vertical farm operations.
Year-round strawberry cultivation using drip irrigation technology.
People of iFarm
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Funding Insights of iFarm
iFarm has successfully raised a total of $5M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $4 million completed in August 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in iFarm
iFarm has secured backing from 4 investors, including venture fund and angel investors. Prominent investors backing the company include IMI.VC, Boris Kim and Taver Capital.
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Tech-focused VC investment company funding companies in the US & Israel
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Early-stage AI startups are funded by this venture capital firm.
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Investor details for iFarm
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Investments & Acquisitions by iFarm
Investment portfolio details for iFarm
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Financial Statements - iFarm
Detailed financials for iFarm
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Ifarm Comparisons
Peer comparison for iFarm
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Competitors of iFarm
iFarm operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Niqo Robotics, Naio Technologies, Small Robot, Aigen and XAG, among others.
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AI-based robotic solutions for farming weeders and sprayers are provided.
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Provider of automated farming solutions
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Robots for sustainable farming are developed and deployed.
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Developer of solar powered robots for soil regeneration
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Smart agricultural machinery and technology are developed and manufactured.
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Detailed competitors of iFarm
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Latest news on Ifarm
Complete news archive for iFarm
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Frequently Asked Questions about iFarm
iFarm was founded in 2017 and raised its 1st funding round 2 years after it was founded.
iFarm is headquartered in Espoo, Finland.
Max Chizhov is the current CEO of iFarm.
iFarm is a funded company, having raised a total of $5M across 2 funding rounds to date.
Innovative vertical farming solutions are provided by iFarm to support cost-effective, IT-driven agricultural businesses. Various hydroponic systems are offered for growing leafy greens, microgreens, berries, and vegetables in controlled environments. Services include farm design, installation, and business support, alongside the Growtune SaaS platform for automation and management. Operations span multiple sectors such as urban farming and sustainable food production, with a focus on reducing water usage and ensuring pesticide-free produce. Farms are established in regions like UAE, Saudi Arabia, and Switzerland, targeting hyperlocal production near end-customers.
iFarm offers iFarm Leafy Greens, iFarm StackGrow, iFarm Microgreens, iFarm Growtune, and iFarm Berries.
iFarm has 4 investors. Key investors include IMI.VC, Boris Kim, Taver Capital, and Z47.