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Freight Farms
company
About
Freight Farms offers high-volume crop production units made from upcycled shipping containers to support farming in any climate.
- Boston,Massachusetts,United States
- 51 - 100
- http://www.freightfarms.com
Details
- Last Funding Type
- Series B
- Last Funding Money Raised
- $17.50M
- Industries
- Agriculture,Farming,Food and Beverage,Organic Food
- Founded date
- Jan 1, 2013
- Number Of Employee
- 51 - 100
- Operating Status
- Active
- Legal Name
- Freight Farms, Inc.
Freight Farms create access to food in areas of the world where the climate does not support traditional farming methods. The Freight Farms' system brings a high volume of fresh, quality, and affordable food within reach of everyone along the food supply chain. By enabling high-yield crop production in any climate, Freight Farms offer an immediate foundation to grow a local food economy and sustainable food system.Freight Farms was founded in 2013 by Brad McNamara in Boston, Massachusetts.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
8
$55.90M
Freight Farms has raised a total of
$55.90M
in funding over 2 rounds. Their latest funding was raised on
Nov 15, 2022 from a Series B round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Nov 15, 2022 | Series B | $17.50M | 5 |
Aliaxis Group
|
— | Detail |
| Jul 26, 2022 | Debt Financing | $12M | 1 |
Cambridge Trust Company
|
— | Detail |
| Feb 12, 2020 | Series B | $15M | 2 |
|
— | Detail |
| Apr 12, 2017 | Series B | $6.50M | 4 |
Spark Capital
|
— | Detail |
| Dec 17, 2014 | Series B | $3.70M | 1 |
Spark Capital
|
— | Detail |
Investments
Number of Investments
Number of Lead Investments
6
0
Freight Farms has made 6 investments. Their most recent investment was on
Jul 11, 2022, when Klarna raised $800M.
|
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
|---|---|---|---|---|
|
Jul 11, 2022
Klarna
|
Series Unknown | $800M | E-Commerce | — |
|
Feb 23, 2022
Jar
|
Series A | $32M | Apps | — |
|
Aug 10, 2021
WorkMotion
|
Series A | €20.48M | Compliance | — |
|
Mar 9, 2021
WorkMotion
|
Angel | €2.20M | Compliance | — |
|
Apr 8, 2019
Klarna
|
Private Equity（PE） | $93M | E-Commerce | — |
Investors
Number of Lead Investors
Number of Investors
7
13
Freight Farms is funded by 13 investors.
Aliaxis Group
and Ospraie Ag Sciences
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Aliaxis Group
|
Yes | Series B |
|
|
Yes | Series B |
|
Cambridge Trust Company
|
Yes | Debt Financing |
Morningside Group
|
Yes | Series A |
|
|
— | Series B |
|
Spark Capital
|
— | Series B |
Stage 1 Ventures
|
— | Series B |
LaunchCapital
|
— | Series B |
Morningside Venture Investments
|
— | Series B |
Right Side Capital Management
|
— | Series B |
Employee Profiles
Number of Employee Profiles
12
Freight Farms has 12 current employee profiles, including
Advisor Katie Rae
Advisor
Board member
Board observer
Executive
Employee
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