IKEA & Top Chef David Chang Round Out Financing for $40 Million Series D Round for AeroFarms

October 27, 2017

AeroFarms, the pioneer and leader for indoor vertical farming since 2004, closed $40 million in Series D financing led by an international line up of financing all-stars including Dubai-based Meraas Holdings, London-based ADM Capital, NYC-based AB (AllianceBernstein), and Netherlands-based Ikea Group with continuing support from existing investors including London-based Wheatsheaf Group and Beijing-based GSR Ventures. A number of individual investors also participated highlighting the breadth and depth of strategic partners interested in helping AeroFarms identify and capitalize on additional growth opportunities such as General David Petraeus and top chef David Chang of the Momofuku Group.