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  22. The true cost of ESG
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  28. Transforming the short-term insurance industry in the East African market
  29. Advising on a EUR 1.1bn Bulgarian gas pipeline procurement
  30. ALPLA expands its global plastic recycling capabilities
  31. CMS advises on first ever European real estate transaction using blockchain
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  33. CMS helps the BBC launch the streaming service BritBox in the UK
  34. Commerz Real lands the largest deal in its history
  35. Helping Teyliom Hospitality’s expansion in Central and West Africa
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  41. Raising funds for a good cause
  42. CMS Academy adds participants through digital learning
  43. Lupl delivers transformative open industry platform for legal matters
  44. Heike Wagner on women in law

Supporting climate-resilient businesses

CMS advised Infarm, a Berlin-based food start-up, on their series D funding round, which raised USD 200 million. Existing and new investors are involved in the current investment. The start-up is now valued at well over USD 1 billion.

The additional capital will be used by the urban farming company to support its global growth strategy by building a global network of climate-resilient vertical farms. A new group structure with a holding company in the Netherlands underlines the internationalisation of the business,  with the expansion in existing markets in the US, Europe and Japan as well the entry into new markets in Asia-Pacific and the Middle East.

CMS in the Netherlands, headed by Martijn van der Bie and Pieter van Duijvenvoorde, has advised Infarm on all legal aspects with respect to this new investment round. The investment round followed an internal cross-border restructuring of Infarm that was supported by CMS in the Netherlands and in Germany.

Key contacts

Martijn van der Bie
Partner
Notaris
Amsterdam
T +31 20 301 64 53
Pieter van Duijvenvoorde
Partner
Advocaat
Amsterdam
T +31 20 3016 246