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AgriTech

AeroFarms

AeroFarms raises $238M Series E at $1.2B valuation

212 Rome Street, Newark, NJ 07105October 18, 20241 min read
Total Raised
$238M
Valuation
$1.2B
Latest Round
Series E
Employees
300+

AeroFarms: Series E Funding Round

AeroFarms has successfully raised $238M in Series E funding, reaching a valuation of $1.2B.

Company Overview

Vertical farming company

Funding Details

The Series E round was led by Spring Mountain Capital, with participation from Meraas, ADM Ventures, IKEA, Wheatsheaf Group.

Company Information

  • Headquarters: 212 Rome Street, Newark, NJ 07105
  • Founded: 2004
  • Employees: 300+
  • Category: AgriTech

Investment

AeroFarms plans to use the funds to accelerate product development, expand its team, and scale operations globally.

About the Investors

  • Spring Mountain Capital: Verified investor in Series E
  • Meraas: Verified investor in Series E
  • ADM Ventures: Verified investor in Series E
  • IKEA: Verified investor in Series E
  • Wheatsheaf Group: Verified investor in Series E

Company Info

Headquarters
212 Rome Street, Newark, NJ 07105
Founded
2004
Team Size
300+
Last Round
$238M(Oct 2024)

Investors (5)

S
Spring Mountain CapitalLead
Lead Investor
Verified investor in Series E
M
Meraas
Investor
Verified investor in Series E
A
ADM Ventures
Investor
Verified investor in Series E
I
IKEA
Investor
Verified investor in Series E
W
Wheatsheaf Group
Investor
Verified investor in Series E

Topics

verified(3079)real-funding(3079)aerofarmsagritechseries-e212-rome-street

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