The Finnish startup on the list of the top startups to follow in 2023 is called iFarm. This is a startup working in the agricultural sector, but using agricultural technology and software, to create solutions and make the farming process easier. Using indoor farming systems that are supported by IT and software, the company is making systems to grow crops more cost-effectively. It is called vertical farming, and the crops are grown on large shelves indoors, so less ground space is used up, and more produce can be farmed.

iFarm has raised $4M so far in total funding. The funding round was led by Gagarin Capital. This Finnish startup had its most recent funding round take place on the 20th of August, 2020.

iFarm

Year Founded: 2017

HQ: Helsinki, Southern Finland, Finland

Size: 51-100

Founders: Alex Lyskovsky, Konstantin Ulianov, Max Chizhov