Infarm – Indoor Urban Farming B.V. (Headquarters: Amsterdam), which operates an urban Vertical Farming business (growing vegetables inside supermarkets and restaurants), raised $200M in a Series D round led by Qatar Investment Authority.
With the raised funds, they plan to expand the types of fruits and vegetables handled to enter new markets in the Middle East and Asia Pacific, and to open their first center in Qatar in 2023. Additionally, this fundraising made Infarm a 'unicorn' (private company with a valuation of $1B or more).