FundedIQ
Agriculture and Farming

Planet Farms: Funding, Investors & Team (Sep 2026)

Founded in 2018 in Milan, Planet Farms is a renowned vertical farming company that has created an exceptional vertical cultivation system. This innovative system ensures optimal coordination of all essential factors required for growing flavorful and highly nourishing greens. By combining cutting-edge technology with the finest traditions of Italian agriculture, Planet Farms generates a practical and expandable solution to the demand for accessible, healthy greens of superior quality. Furthermore, these greens are available throughout the year, affordable for all, and have minimal impact on the environment.

www.planetfarms.ag/en LinkedIn Milan, Italy 51-100 employees
Farming Hydroponics Sustainability
Total raised
$58.5M
Rounds
2
Latest
Undisclosed round
Nov 2023

Planet Farms has raised $58.5M across 2 funding rounds on record, the most recent an undisclosed round of $39.9M announced in Nov 2023.

That round is above the $3.3M median round size for Agriculture and Farming companies tracked on FundedIQ over the last two years.

Planet Farms Company Profile and Key Stats

Total funding raised
$58.5M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Undisclosed round
$39.9M in Nov 2023
Employees
51-100
reported band
Headquarters
Milan, Italy

Latest funding round on record: Nov 2023.

Planet Farms Funding Rounds

Date
Round
Amount
Undisclosed round
$39.9M
Undisclosed round
$18.6M

Planet Farms raised $18.6M in an undisclosed round announced in Jan 2023.

10 months later, an undisclosed round of $39.9M was announced in Nov 2023.

Planet Farms Founders and Leadership Team

Name
Role
Contact
Daniele Benatoff
CEO
Luca Travaglini
CEO

No contact details are on record for this team yet.

Planet Farms Funding Compared to Other Agriculture and Farming Startups

Segment
Companies
Median round

Planet Farms' latest round of $39.9M is above the median round in Agriculture and Farming. Medians cover the last 24 months of disclosed rounds.

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Planet Farms Funding FAQs

What does Planet Farms do?

Founded in 2018 in Milan, Planet Farms is a renowned vertical farming company that has created an exceptional vertical cultivation system. This innovative system ensures optimal coordination of all essential factors required for growing flavorful and highly nourishing greens. By combining cutting-edge technology with the finest traditions of Italian agriculture, Planet Farms generates a practical and expandable solution to the demand for accessible, healthy greens of superior quality. Furthermore, these greens are available throughout the year, affordable for all, and have minimal impact on the environment.

How much funding has Planet Farms raised?

Planet Farms has raised $58.5M across 2 rounds on record. The most recent is an undisclosed round of $39.9M announced in Nov 2023.

When did Planet Farms last raise funding?

Planet Farms' most recent funding round on record is an undisclosed round of $39.9M, announced in Nov 2023.

Who is the CEO of Planet Farms?

Daniele Benatoff is listed as CEO at Planet Farms.

Where is Planet Farms headquartered?

Planet Farms is based in Milan, Lombardia, Italy.

How many employees does Planet Farms have?

Planet Farms is in the 51-100 employee band.

How does Planet Farms' funding compare to other Agriculture and Farming startups?

Planet Farms' latest round of $39.9M is above the $3.3M median round size for Agriculture and Farming companies on FundedIQ across 1,320 tracked companies over the last two years.

About FundedIQ's Planet Farms Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Planet Farms is left off this page rather than filled in.

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