Stacked Farm Completes $56m Funding Round to Accelerate Vertical Farm Roll Out Across The Country

July 10 2022 - 8:00am
Stacked Farm CEO, Conrad Smith said "We are extremely pleased with the calibre of parties that have chosen to invest in our company along with a number of supply chain partners, highlighting the strength of our technology and confidence in our team." Photo: supplied

Australia's largest end-to-end vertical farm, Stacked Farm has just secured $56m in funding from a range of high calibre investors, with the transaction managed by SeventyTwo Capital seeing the likes of leading US based alternative asset manager Magnetar Capital in conjunction with Stratos Capital taking a lead role, with domestic groups Tribeca Investment Partners and Glen Richards and Paul Wilson's Founder Led Investments being among other investors.