Infarm Stock

infarm.comFoodTech / AgTechFounded: 2012

Infarm was founded in Berlin in 2013 by Osnat Michaeli and brothers Erez and Guy Galonska. Infarm is a smart modular farming system that allows distribution of vertical farms throughout the urban environment, growing fresh produce in practically any available space and fulfilling practically any market demand. The company is growing a worldwide farming network helping cities become self-sufficient in their food production, while significantly improving the safety, quality, and environmental footprint of our food. By growing plants vertically, Infarm uses 95% less land and 95% less water compared with conventional farming. They do so without chemical pesticides, avoiding damaging agricultural runoff. They produce locally, inside urban centres, as close as possible to the end consumer to help make their supply chain significantly shorter.

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Infarm investors also invested in these private companies

Hanaco Venture Capital
Latitude Ventures (London)
Star Farm Ventures
Lightrock
Bonnier Ventures
Good Harvest (VC)

Team

Management Team

Carmine Visconti
Chief Financial Officer
Daniel Kats
EVP and Chief Sales Officer
Guy Galonska
Co-Founder and Chief Technology Officer
Osnat Michaeli
Co-Founder and Chief Marketing Officer
Erez Galonska
Co-Founder and Chief Executive Officer

Board Members

Daniel Waterhouse Ph.D
Balderton Capital
Hiro Tamura
Atomico

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Is Infarm a public company?

No, Infarm is a privately held company and is currently not publicly traded on any stock markets including NYSE or NASDAQ.
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Infarm does not have an official ticker symbol because this company is not currently publicly traded.
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A European startup founded by Israelis is revolutionising farming by growing wheat in controlled, artificial environments devoid of soil and sunlight. Despite still being in the early stages and facing the challenge of the energy crisis, this innovation could potentially transform global agriculture and bolster food security.
Berlin-based startup, Infarm, is leaving Europe to focus on regions better suited for indoor farming, citing high energy costs in Europe as a significant pressure on the business. The company plans to shift its geographical focus to regions with lower energy prices and a strong market demand for indoor farming, while also continuing to grow its business in North America.
Infarm received its certification as a B Corporation™ (B Corp™). Certified B Corps are a new generation of for-profit companies, verified by B Lab and meet the highest standards of social and environmental performance, transparency, and accountability.
Infarm has submitted its climate targets to the Science Based Targets initiative (SBTi), a move it has said ”puts it firmly on the pathway” to becoming net-zero by 2045.
Updated on: Jul 26, 2024

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