German vertical farming start-up Infarm has hired Goldman Sachs to help with talks on the possibility of going public through a merger with a SPAC as it seeks funds for expansion, Just Food reports.
Berlin-based Infarm, which currently focuses on indoor production of herbs and salad greens, uses cloud-computing to manage the cultivation of produce that is grown close to consumers, minimising its environmental impact. A potential merger could give it a valuation of more than $1 billion. Read more.
