AgriTech

AeroFarms

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

$238M
Total Raised
Series E
Latest Round
2004
Founded
300+
Employees
212 Rome Street, Newark, NJ 07105
1 min read

Quick Facts

Valuation
$1.2B
Latest Round Size
$238M
Latest Round Date
October 2024

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

Key Investors

Spring Mountain Capital
Lead Investor
Verified investor in Series E
Meraas
Investor
Verified investor in Series E
ADM Ventures
Investor
Verified investor in Series E
IKEA
Investor
Verified investor in Series E
Wheatsheaf Group
Investor
Verified investor in Series E

About the Author

Editorial Team
Editorial Team
Curated funding news from verified sources