Analysis

December 13, 2023

This vertical farming company raised $500m, and then it all but disappeared

Once a hot Berlin-based startup, Infarm struggled to turn a profit, causing it to declare insolvency in its major European markets in 2023


Infarm’s startup journey started out like many others: as an experiment. 

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Some of Infarm's Vertical Farming units fulled with green plants
InFarm's 10m high vertical units could be stacked on top of each other to make huge farms. Credit: Infarm
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Inside an Infarm vertical farming lab
InFarm's former growing facility in Bedford. Credit: Infarm.
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Miriam Partington

Miriam Partington is a senior reporter at Sifted, based in Berlin. She covers the DACH region and the future of work, and writes Startup Life , a weekly newsletter on what it takes to build a startup. Follow her on X and LinkedIn

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Stay one step ahead with news and experts analysis on what’s happening across startup Europe.