AgTech

AeroFarms

AeroFarms raises $100M Series E at $500M valuation

$100M
Total Raised
Series E
Latest Round
2004
Founded
200+
Employees
Newark, NJ
1 min read

Quick Facts

Valuation
$500M
Latest Round Size
$100M
Latest Round Date
July 2021

AeroFarms: Series E Funding Round

AeroFarms has successfully raised $100M in Series E funding, reaching a valuation of $500M.

Company Overview

Vertical farming technology

Funding Details

The Series E round was led by IKEA, with participation from Meraas.

Company Information

  • Headquarters: Newark, NJ
  • Founded: 2004
  • Employees: 200+
  • Category: AgTech

Investment

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

About the Investors

  • IKEA: Verified investor in Series E
  • Meraas: Verified investor in Series E

Key Investors

IKEA
Lead Investor
Verified investor in Series E
Meraas
Investor
Verified investor in Series E

About the Author

Editorial Team
Editorial Team
Curated funding news from verified sources