About INFARM
INFARM is a company based in Berlin (Germany) founded in 2013 by Guy Galonska, Erez Galonska, and Osnat Michaeli.. INFARM has raised $499.48 million across 9 funding rounds from investors including European Commission, IDEO and LGT Group. The company has 223 employees as of December 31, 2020. INFARM operates in a competitive market with competitors including GrowUp Farms, Phytoponics, Sundrop Farms, Urban Planters and Jones Food Company, among others.
- Headquarter Berlin, Germany
- Employees 223 as on 31 Dec, 2020
- Founders Guy Galonska, Erez Galonska, Osnat Michaeli
- Stage Unicorn
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Sectors
AgricultureTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Infarm - Indoor Urban Farming Gmbh
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Annual Revenue
$4.53 M (USD)-53as on Dec 31, 2021
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Net Profit
$-88.2 M (USD)42as on Dec 31, 2021
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EBITDA
$-88.2 M (USD)42as on Dec 31, 2021
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Total Equity Funding
$499.48 M (USD)
in 9 rounds
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Latest Funding Round
$200 M (USD), Series D
Dec 16, 2021
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Investors
European Commission
& 17 more
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Employee Count
223
as on Dec 31, 2020
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Funding Insights of INFARM
INFARM has successfully raised a total of $499.48M across 9 strategic funding rounds. The most recent funding activity was a Series D round of $200 million completed in December 2021. 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.
- Total Funding Total Funding
- Total Rounds 9
- Last Round Series D — $200.0M
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First Round
First Round
(01 Nov 2016)
- Investors Count 18
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2021 | Amount | Series D - INFARM | Valuation | Qatar Investment Authority | |
| Mar, 2021 | Amount | Debt – Conventional - INFARM | Valuation |
investors |
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| Sep, 2020 | Amount | Debt – Conventional - INFARM | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in INFARM
INFARM has secured backing from 18 investors, including institutional and venture fund investors. Prominent investors backing the company include European Commission, IDEO and LGT Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Startups are funded through venture capital by Hanaco Ventures.
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Founded Year | Domain | Location | |
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Tech-based companies are invested in by Atomico venture capital fund.
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Founded Year | Domain | Location | |
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Investments are directed toward growth-stage companies generating scalable impact.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by INFARM
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - INFARM
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Infarm Comparisons
Competitors of INFARM
INFARM 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 GrowUp Farms, Phytoponics, Sundrop Farms, Urban Planters and Jones Food Company, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Growers and suppliers of fruits and vegetables
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| domain | founded_year | HQ Location |
Design, manufacture, and supply of urban farming systems
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| domain | founded_year | HQ Location |
Hydroponic greenhouse farming company that operates farms using renewable resources
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| domain | founded_year | HQ Location |
Provider of green and plant related horticultural services
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| domain | founded_year | HQ Location |
Vegetables and herbs are produced and supplied through hydroponic farming.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Infarm
Frequently Asked Questions about INFARM
When was INFARM founded?
INFARM was founded in 2013 and raised its 1st funding round 3 years after it was founded.
Where is INFARM located?
INFARM is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Who is the current CEO of INFARM?
Erez Galonska is the current CEO of INFARM. They have also founded this company.
Is INFARM a funded company?
INFARM is a funded company, having raised a total of $499.48M across 9 funding rounds to date.
How many employees does INFARM have?
As of Dec 31, 2020, the latest employee count at INFARM is 223.
What is the annual revenue of INFARM?
Annual revenue of INFARM is $4.53M as on Dec 31, 2021.
What does INFARM do?
INFARM was founded in 2013 in Berlin, Germany, within the agritech sector. IoT-powered indoor vertical farming systems are developed and installed at retail spaces, bars, restaurants, and distribution warehouses for herb and vegetable cultivation. In-farm sensors are used to collect and record data, enabling remote monitoring of crop growth through smartphones. Operations emphasize efficient, controlled-environment agriculture across urban settings.
Who are the top competitors of INFARM?
INFARM's top competitors include GrowUp Farms, Jones Food Company and Phytoponics.
Who are INFARM's investors?
INFARM has 18 investors. Key investors include European Commission, IDEO, LGT Group, European Union, and Lightrock.
What is INFARM's valuation?
The valuation of INFARM is $1B as of Dec 2021.