We’re excited to announce that Intelligent Growth Solutions (IGS), a Scottish vertical farming tech provider, has raised £5.4 million in Series A funding. The round was led by leading agri-foodtech investor S2G Ventures as well as AgFunder and Scottish Investment Bank (SIB).
Berlin-based portable vertical farm startup InFarm on Tuesday disclosed a vast Series B raise of $100 million, bringing its total funding to over $134 million. The raise dramatically eclipsed the big vertical farming news from Britain’s Ocado, which had forked out $22m just a day before as part of a majority stake buyout of JFC, as well as for its new joint venture Infinite Acres.
Twice annually we open up a special Co-Investment Fund to give investors the opportunity to co-invest with AgFunder on identical terms to us. We’re assembling one of the most exciting agrifood tech portfolios anywhere and five of the companies we invested in last eighteen months have already raised new rounds at 1.4x – 3.75x our original investment.
