Fundz

Italian Vertical Farming Startup Planet Farms Secures $40M At $500M Valuation

PRIVATENov 23, 2023

Amount Raised

$40 Million

Round Type

Funding Round

MilanAgriculture and Farming

Description

Despite funding for vertical farms all but dropping off a cliff, Milan-based operator Planet Farms has recently announced the raise of $40 million

Quick answer

Planet Farms raised $40 Million in a Funding Round round, dated November 23, 2023. Planet Farms is based in Milan, Lombardy, Italy.

How much did Planet Farms raise?
Planet Farms raised $40 Million in a Funding Round round on November 23, 2023.
What does Planet Farms do?
Planet Farms is a leading vertical farming company, founded in 2018 in Milan, that has developed a vertical cultivation system unique in the world, allowing the perfect harmonization of all the fundamental parameters..
Where is Planet Farms based and how big is it?
Planet Farms is based in Milan, Lombardy, Italy.
Who are the decision-makers at Planet Farms?
Fundz holds 1 contact at Planet Farms. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Agriculture and Farming around the same time

Companies in the same sectors as Planet Farms that raised within 45 days of this round, from Fundz verified event records.

  • Trulieve raised $25M (Funding Round) on December 27, 2023.
  • VetaNova raised $86K (Pre-Seed) on December 26, 2023.
  • VM Agritech raised $7.6M on December 23, 2023.
  • NewLeaf Symbiotics, Inc. raised $45M (Series D) on December 19, 2023.
  • Anaergia raised an undisclosed amount (Corporate Round) on December 18, 2023.
  • NewLeaf Symbiotics, Inc. raised $47M on December 12, 2023.

Who to call at Planet Farms, and when

A new round usually means Planet Farms is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Planet Farms raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Planet Farms, from your own LinkedIn network

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Company Information

Company

Planet Farms

Location

Milan, Lombardy, Italy

About

Planet Farms is a leading vertical farming company, founded in 2018 in Milan, that has developed a vertical cultivation system unique in the world, allowing the perfect harmonization of all the fundamental parameters for cultivating rich in taste and highly nutritious greens. The union of world-class technology and the best Italian agronomic tradition offers a concrete, scalable answer to the need for healthy, high quality greens, available all year round, affordable for everyone, and have low environmental impact.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Planet Farms raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Predictive Intelligence
Strategic

ML-powered predictions for Planet Farms's next move

See what Strategic adds

Planet Farms raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.