As part of the latest funding round, new investors the Qatar Investment Authority is set to support the company’s expansion to countries in the Middle East, including its first Growing Centre in Qatar, which is expected to open in 2023.
“Building a global farming network of our climate-resilient vertical farms is a core mission at Infarm, which is why we’re excited to announce this latest funding round,” said Erez Galonska, co-founder and CEO of Infarm.
By 2030, the company aims to operate 100 Growing Centres in 20 countries.