# Infarm: Parent entered administration

Infarm – Indoor Urban Farming GmbH · Germany · Vertical farming

Evidence reviewed Oct 26, 2026. Historical event record.

Infarm's German parent entered administration in September 2023 after disclosing a private valuation well above $1bn in 2021. Its business records, contracts, intellectual property and equipment were subsequently sold.

## Historical private valuation

>$1bn · Dec 16, 2021

Issuer-disclosed lower bound: Infarm stated that its $200m Series D valued it well above $1bn. The release did not give an exact valuation or specify pre-money versus post-money.

[Infarm via PR Newswire](https://www.prnewswire.com/news-releases/infarm-raises-200m-to-accelerate-global-expansion-of-climate-resilient-vertical-farms-301445604.html)

## Documented event

Parent entered administration · Sep 4, 2023

No transaction price shown. The official notice records the appointment of RSM administrators to Infarm – Indoor Urban Farming GmbH on September 4, 2023. This is the appointment date, distinct from the notice publication.

[The Gazette](https://www.thegazette.co.uk/notice/4438802/)

## What changed

Administration is recorded for the named parent, registered in the United Kingdom as FC040818. The later asset transaction means this record does not establish that every farm or successor business closed simultaneously.

## Timeline

### Dec 16, 2021 — Series D established unicorn valuation

Infarm disclosed a $200m financing and a valuation well above $1bn.

[Infarm via PR Newswire](https://www.prnewswire.com/news-releases/infarm-raises-200m-to-accelerate-global-expansion-of-climate-resilient-vertical-farms-301445604.html)

### Sep 4, 2023 — Administrators appointed

The Gazette identifies the parent, UK registration FC040818, and the September appointment date.

[The Gazette](https://www.thegazette.co.uk/notice/4438802/)

### Dec 29, 2023 — Business assets sold

HortiDaily's account of the administrator's progress report identifies May Acquisitions Limited as the buyer of records, contracts, intellectual property and equipment.

[HortiDaily](https://www.hortidaily.com/article/9622246/infarm-bankruptcy-update/)

## Sources

- [Infarm raises $200m to accelerate global expansion of climate-resilient vertical farms](https://www.prnewswire.com/news-releases/infarm-raises-200m-to-accelerate-global-expansion-of-climate-resilient-vertical-farms-301445604.html) — Infarm via PR Newswire; published Dec 16, 2021; accessed Oct 26, 2026; primary source.

- [Appointment of Administrators: Infarm – Indoor Urban Farming GmbH](https://www.thegazette.co.uk/notice/4438802/) — The Gazette; published Sep 11, 2023; accessed Oct 26, 2026; primary source.

- [Infarm bankruptcy update](https://www.hortidaily.com/article/9622246/infarm-bankruptcy-update/) — HortiDaily; published Apr 29, 2024; accessed Oct 26, 2026; financial reporting.

Logo: [Infarm logo source](https://commons.wikimedia.org/wiki/File:Infarm_logo.svg). Company trademark rights remain.

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