Planet Farms logo

Planet Farms

Startups icon Seedtable Score 48 Startups icon Startups

3

Funding Rounds

1

Investors

$58.59m

Money raised

Overview

Planet Farms has significant potential in the agritech industry due to its focus on vertical farming technology. Located in Milan, the company targets consumers directly, offering a modern alternative to traditional farming. Vertical farming allows for growing crops in urban environments with minimal land use, reduced water consumption, and lower resource inputs. This approach positions Planet Farms favorably against traditional farms, which often face higher resource usage and sustainability issues. Supported by a major financial institution, Planet Farms is well-placed to innovate and expand, addressing the demand for fresh, locally-sourced produce in an eco-friendly manner.

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Investors (1)

UniCredit Group logo UniCredit Group

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Funding

Funding series

Funding Series Analysis

The company Planet Farms has raised a total of $58.59m in funding over 3 rounds.

Key Insights:

  • Unknown: $
  • Debt Financing: $18.59m
  • Series B: $40m
Planet Farms logo
Planet Farms Unknown (2021, $0M) $
Planet Farms logo
Planet Farms Debt Financing (2023, $18M) $18.59m
Planet Farms logo
Planet Farms Series B (2023, $40M) $40m