General Atlantic and Siemens Financial Services led a $160m Series B round in 80 Acres Farms.

General Atlantic, a growth equity firm, and Siemens Financial Services, an international provider of business-to-business financial solutions, led a $160m Series B round in 80 Acres Farms, an indoor farming company. Additional investors included PG Impact Investments, Barclays and Taurus. "80 Acres Farms is building an incredibly exciting vertical farming business that provides high-quality produce through innovative practices. With global food consumption increasing and growing threats impacting supply chains and food security, there is a pressing need for healthy, fresh and local foods that are grown in more sustainable and cost-effective ways. We look forward to working closely with Mike, Tisha and the broader 80 Acres Farms' team as they scale," Shaw Joseph, General Atlantic Managing Director.