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The 13 Largest NYC Tech Startup Funding Rounds of May 2021

Everything you need to need to know about the largest NYC startup funding rounds of May 2021; broken down by industry, stage, investors, and more…

Indoor farm raises $300 million as profits rise industry-wide

As indoor farming sees profits jump, $300 million raised for Bowery

As indoor farming sees profits jump, $300 million raised for Bowery Robert Besser 29 May 2021, 00:05 GMT+10 Indoor vertical farming startup Bowery Farming said it raised $300 million in its latest round of funding, the largest capital infusion on record for the industry Bowery s CEO and founder Irving Fain said the new funds will be used to build additional farms across the United States and explore global expansion opportunities The funding infusion will also allow the company to expand into new crops, such as strawberries, tomatoes, and carrots, and grow them closer to consumers NEW YORK CITY, New York: Indoor vertical farming startup Bowery Farming said it raised $300 million in its latest round of funding, the largest capital infusion on record for the industry, as the pandemic rekindled investor interest in strengthening local food supply chains.

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