Freight Farms

company

About

Freight Farms offers high-volume crop production units made from upcycled shipping containers to support farming in any climate.

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

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

Acquisition

Freight Farms has acquired 1 organizations. Their most recent acquisition was Cabbige on Jan 24, 2018. They acquired Cabbige for 0.

Date Company Name
Industry Acquisition Type Price
Jan 24, 2018 Cabbige
Business Development acquisition Detail