Infarm doubles down

18 months ago we led a Series A into Infarm, an ambitious young company looking to make cities around the world become self-sufficient in producing herbs, salads and, in time, vegetables and fruits.

As we said then, a company growing herbs and salad may not be an obvious choice for tech-focused VC. But Infarm is on a journey to solving many of the current problems facing our society: bringing fresh food production into the hearts of cities, reducing the carbon footprint of transportation, providing healthy and tasty produce to customers and helping revitalise and make good use of commercial property that is falling into decay/seeing decreasing footfall.

At the time, they had a few of their innovative modular vertical farms installed in supermarkets in Berlin. Fast forward to today and the company has grown dramatically, scaling across Germany and into France, Switzerland and Luxembourg. They have expanded their range and built production hubs to satisfy demand levels that in-store farms can or satisfy. They will soon launch in the UK and other parts of Europe, and already have advanced plans to move to North America and Asia.

This is an extraordinary feat in such a short time and the combination of global reach, operational excellence and deep technology make Infarm a clear example of what European tech companies can achieve. This is what we are looking for as investors and we are happy to be supporting the companies Series B round alongside lead investor Atomico.

We are looking forward to what the next 18 months (and beyond) will bring.