BERLIN (Reuters), – German vertical farm start-up Infarm announced Thursday that it has raised $200m from investors in order to expand its products and reach a valuation exceeding $1 billion.

Berlin-based firm, currently focused on indoor herb production and greens for salad, makes use of cloud computing to control the growth of plants that are close to customers, minimizing their environmental impact.

Infarm states that the growing centres are automated 25-square-meter modules and can harvest a yield of up to 10,000 sq. meters. This requires 95% less water, 90% less transportation, and no chemical pesticide.

Infarm has more than 17 grow centres and over 1,400 farms in-store for grocery stores.

Infarm plans to make use of the cash injection in order to increase its presence in 11 countries, which includes Japan, Germany and the United States, as well expand into new markets in particular the Middle East.

The company, whose customers include Kroger (NYSE:), Marks & Spencer (OTC:) and Aldi Sued, also plans to expand its current offerings next year with 40 new crops, including new mushrooms and a cherry tomato.

Investors include the Qatar Investment Authority as well as Niklas Zennstrom, Skype’s founder and Atomico fund.

This article corrects the fifth paragraph. Company is now present in United States and Japan. Sixth paragraph shows company plans to grow its offerings by 40 crop varieties, not 40.