Italian Vertical Farming Startup Planet Farms Secures $40M At $500M Valuation
11/23/23, 10:46 AM
Location
Money raised
$40 million
Industry
agriculture and farming
Despite funding for vertical farms all but dropping off a cliff, Milan-based operator Planet Farms has recently announced the raise of $40 million
Company Info
Location
milan, lombardy, italy
Additional Info
Planet Farms is a leading vertical farming company, founded in 2018 in Milan, that has developed a vertical cultivation system unique in the world, allowing the perfect harmonization of all the fundamental parameters for cultivating rich in taste and highly nutritious greens.
The union of world-class technology and the best Italian agronomic tradition offers a concrete, scalable answer to the need for healthy, high quality greens, available all year round, affordable for everyone, and have low environmental impact.