# Infarm funding: rounds and investors

> Infarm has raised $325M across 3 rounds since 2018. Investors include Cherry Ventures, Balderton Capital and LocalGlobe. Every round with its source.

Source: https://millionrounds.com/company/infarm (Millionrounds; every figure on the page links to its filing or article)

Germany · [Series D startup](https://millionrounds.com/companies)

# Who invested in *Infarm*

3 rounds we have observed, with the 11 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Agtech

Valuation: $1.0B, Mar 2026

Funding summary Updated 26 Oct 2026

**$325M** raised across 3 rounds since 2018, from 5 sources

**$25M** Series A **$100M** Series B **$200M** Series D

- **Latest round:** Series D, $200M Dec 2021
- **Led by:** Qatar Ban
- **Step-up i:** 2×
- **Investors:** 11 (2 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2018 2019 2020 2021

**$25M** Series A

**$100M** Series B

**$200M** Series D

- **First round:** Series A, $25M
- **Biggest round:** $200M
- **Usual gap between rounds:** 2.5 years

## The rounds

- **Dec 2021** Series D **$200M** *2 new* *4 returning* [Qatar Ban](https://millionrounds.com/fund/qatar-ban) Lead [Balderton Capital](https://millionrounds.com/fund/balderton-capital) [LocalGlobe](https://millionrounds.com/fund/localglobe) [Cherry Ventures](https://millionrounds.com/fund/cherry-ventures) [Lightrock](https://millionrounds.com/fund/lightrock) [Astanor Ventures](https://millionrounds.com/fund/astanor-ventures) Reported by Firms' own news pages and 1 other
- **Jun 2019** Series B **$100M** *4 new* *1 returning* [Atomico](https://millionrounds.com/fund/atomico) Lead [Balderton Capital](https://millionrounds.com/fund/balderton-capital) [Cherry Ventures](https://millionrounds.com/fund/cherry-ventures) [TriplePoint Capital](https://millionrounds.com/fund/triplepoint-capital) [Astanor Ventures](https://millionrounds.com/fund/astanor-ventures) Also list them on their own site [Star Farm Ventures](https://millionrounds.com/fund/star-farm-ventures) Reported by Firms' own news pages and 1 other
- **Feb 2018** Series A **$25M** *5 new* [LocalGlobe](https://millionrounds.com/fund/localglobe) [Cherry Ventures](https://millionrounds.com/fund/cherry-ventures) [Quadia](https://millionrounds.com/fund/quadia) Balderton Capital/ TriplePoint Mons Investments Reported by FinSMEs

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series A** 2018 **Series B** 2019 **Series D** 2021 [Cherry Ventures](https://millionrounds.com/fund/cherry-ventures) [Balderton Capital](https://millionrounds.com/fund/balderton-capital) [LocalGlobe](https://millionrounds.com/fund/localglobe) [Astanor Ventures](https://millionrounds.com/fund/astanor-ventures) [Atomico](https://millionrounds.com/fund/atomico) L [Qatar Ban](https://millionrounds.com/fund/qatar-ban) L [TriplePoint Capital](https://millionrounds.com/fund/triplepoint-capital) [Lightrock](https://millionrounds.com/fund/lightrock) [Quadia](https://millionrounds.com/fund/quadia) Balderton Capital/ TriplePoint

## Everyone who backed them

[Cherry Ventures](https://millionrounds.com/fund/cherry-ventures) VC firm **3** rounds

[Balderton Capital](https://millionrounds.com/fund/balderton-capital) VC firm **2** rounds

[LocalGlobe](https://millionrounds.com/fund/localglobe) VC firm **2** rounds

[Astanor Ventures](https://millionrounds.com/fund/astanor-ventures) VC firm **2** rounds

[Atomico](https://millionrounds.com/fund/atomico) VC firm **1** round, led 1

[Qatar Ban](https://millionrounds.com/fund/qatar-ban) Growth equity **1** round, led 1

[TriplePoint Capital](https://millionrounds.com/fund/triplepoint-capital) VC firm **1** round

[Lightrock](https://millionrounds.com/fund/lightrock) VC firm **1** round

[Quadia](https://millionrounds.com/fund/quadia) VC firm **1** round

Balderton Capital/ TriplePoint no record of our own yet **1** round

Mons Investments no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=infarm).

## Also claim to have backed them

These 3 firms list Infarm as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Bonnier Ventures](https://millionrounds.com/fund/bonnier-ventures) Corporate VC Per its own site

[Star Farm Ventures](https://millionrounds.com/fund/star-farm-ventures) VC firm 2019, per its site

[Bonnier Capital](https://millionrounds.com/fund/bonnier-capital) Corporate VC Per its own site

## Quick answers about Infarm

### Who invested in Infarm?

Infarm's investors include Cherry Ventures, Balderton Capital, LocalGlobe, Astanor Ventures and Atomico, and 6 more on record. Qatar Ban led its latest round.

### How much has Infarm raised?

Infarm has raised $325M across 3 rounds since 2018.

### When did Infarm last raise?

Infarm's most recent round was a Series D of $200M in Dec 2021, led by Qatar Ban.

### What was Infarm's biggest round?

Its most recent round, $200M in Dec 2021, is also its largest on record.

### Who backed Infarm first?

Infarm's first round on record, in Feb 2018, was backed by LocalGlobe, Cherry Ventures and Quadia and 2 others.

### What stage is Infarm at?

Infarm's latest named round is a Series D, in Dec 2021.

### Where is Infarm based?

Infarm is based in Germany.

### Who led Infarm's rounds?

Atomico led the Series B in 2019; Qatar Ban led the Series D in 2021.

## Companies like Infarm

In the same sector, and raised in the last eighteen months.

[**Stenon** $41M · Oct 2026](https://millionrounds.com/company/stenon)[**hexafarms** $9.5M · Oct 2026](https://millionrounds.com/company/hexafarms)[**Blue Farm** $2.3M · Sept 2026](https://millionrounds.com/company/blue-farm)[**InPlanet** $4.5M · Sept 2026](https://millionrounds.com/company/inplanet)[**Oceanloop** $83M · Aug 2026](https://millionrounds.com/company/oceanloop)[**Innok Robotics** $3.8M · Jun 2026](https://millionrounds.com/company/innok-robotics)

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