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iFarm
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Short description

Developer of urban indoor agriculture systems

Founded in 2017
Founded in

Company type Private Public ()
Company type

Industry Group agriculture & food

Sector indoor farming

TRL Range 7-8
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Russia Novosibirsk, Russia
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Updated by Cleantech Group on 09/14/2020

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Date Partner Type
01/01/2020
Climate Launchpad Climate Launchpad
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Confirmed by Climate Launchpad
Incubation/Acceleration
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IPO INFORMATION

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Date Investors Type Amount
08/20/2020 Gagarin Capital Gagarin Capital , Matrix Capital Funding Matrix Capital Funding , Impulse Impulse , IMI VC IMI VC (4)
Post-money valuation of
The company will use the funding to bring iFarm Growtune to another stage, enabling operations of multiple varieties of vertical farms and quadrupling the number of plants available. In addition, iFarm will be optimizing its automated production lines to reduce labor costs and complete experiments with growing strawberries, cherry tomatoes, sweet peppers, radish, and other crops.
Seed $4,000,000
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