Freight Farms, a Boston, MA-based manufacturer of container farms, raised $17.5M in Series B3 funding.
The round was led by Aliaxis SA, and Ospraie Ag Science, with participation from Spark Capital, Stage 1 Ventures, and Alkaline Partners.
The company intends to use the funds to expand operations and its business reach.
Led by CEO Rick Vanzura, Freight Farms develops vertical hydroponic farms in shipping containers, with the goal of creating resilient and self-sufficient communities that can grow fresh, local, and healthy food 365 days a year. its farm automation software, farmhand®, allows indoor farm operators to control temperature, lighting, and other environmental variables and is flexibly architected so that many different indoor grow setups (beyond Freight Farms’ containers) can use it.
The company serves global customers ranging from small business farmers to the corporate, hospitality, retail, education, and nonprofit sectors.
FinSMEs
15/11/2022