Freight Farms

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

Highlights

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 Ospraie Ag Sciences	—	Detail
Jul 26, 2022	Debt Financing	$12M	1	Cambridge Trust Company	—	Detail
Feb 12, 2020	Series B	$15M	2	Ospraie Ag Sciences	—	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
Ospraie Ag Sciences	Yes	Series B
Cambridge Trust Company	Yes	Debt Financing
Morningside Group	Yes	Series A
Alkaline Capital	—	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