Infarm, an Amsterdam-headquartered start-up that grows food indoors in racks, has been valued at over $1 billion in a new $200 million funding round.
It is the first vertical farming start-up in Europe to pass the $1 billion “unicorn” milestone.
Erez Galonska, co-founder and CEO of Infarm, said in a statement that the current food system is broken.
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