Cherry Ventures: EUR 20 million Series A round for InFarm

Berlin — InFarm recei­ves EUR 20 million Series A finan­cing from Cherry Ventures, led by Balder­ton Capi­tal. In addi­tion to new share­hol­ders such as Triple­Point and Mons Invest­ments LLC, exis­ting inves­tors Cherry Ventures, Quadia and Local­Globe also parti­ci­pa­ted. Cherry Ventures was advi­sed by Clemens Waitz and Sabine Röth of the law firm Vogel Heerma Waitz. Spring 2017, Clemens Waitz and Sabine Röth (Photo) advi­sed Cherry Ventures on the seed finan­cing round led by Cherry Ventures. In this frame­work, Quadia and Local­Globe had also participated.

InFarm, a verti­cal farming startup, was foun­ded in 2013. There are now more than 50 verti­cal farms in Berlin restau­rant kitchens, super­mar­kets and warehou­ses, inclu­ding Edeka and Metro stores. With the fresh money, InFarm plans to go to Paris, London and Copen­ha­gen this year, as well as launch in other German cities.

Consul­tant: Vogel Heerma Waitz
Dr. Clemens Waitz (Part­ner)
Sabine Röth (Part­ner)

About Vogel Heerma Waitz
Vogel Heerma Waitz is a Berlin-based law firm specia­li­zing in growth capi­tal, tech­no­logy and media that has been in opera­tion since May 2014 and can draw on a total of more than 40 years of expe­ri­ence of its part­ners and staff in connec­tion with growth capi­tal financings.