
Arctic Farming
An AgriTech company solving global food sustainability crises by disrupting food production with making vertical farming mainstream.
- B2B
- manufacturing
- subscription
- selling own inventory
- food
- innovative food
- agritech
- connected device
- machine learning
- autonomous & sensor tech
- mobile app
- iot internetofthings
- hardware
- deep tech
- artificial intelligence
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
N/A | €0.0 Valuation: €0.0 76.9x EV/Revenue | round | |
* | €350k | Secondary | |
Total Funding | 000k |

EUR | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 |
% growth | - | - | - | (46 %) |
EBITDA | 0000 | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 | 0000 |
% profit margin | - | - | (631 %) | (3100 %) |
EV | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Related Content
Arctic Farming is a Finnish startup operating in the agritech sector, offering innovative solutions for indoor farming. The company's flagship product, Herby™, is a self-contained indoor farming appliance that leverages space technology originally developed for the International Space Station. This technology allows businesses and individuals to grow a wide variety of plants, including herbs, leafy greens, berries, edible flowers, and exotic spices, in any location and under any climate conditions.
The company primarily targets the hospitality industry, including restaurants and hotels, where the Herby™ unit can serve as both a source of fresh produce and a unique attraction for customers. The appliance is designed to be user-friendly and requires minimal maintenance. Users simply plug in the unit, fill the water tanks, and insert their chosen Seedpods. The intelligent control system then optimizes the growing environment based on the specific plant species, managing water, light, humidity, and temperature levels to ensure optimal growth.
Arctic Farming's business model is based on the sale of the Herby™ units and the ongoing supply of Seedpods. The company is positioned in a growing market, as the demand for locally sourced and sustainably grown food continues to rise. Furthermore, the use of space technology positions Arctic Farming at the cutting edge of the agritech industry, offering a unique selling point and potential for significant growth.
Keywords: Agritech, Indoor Farming, Space Technology, Sustainable Agriculture, Hospitality Industry, User-friendly, Locally Sourced, Fresh Produce, Innovative Solutions, Growth Potential.