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Bowery Farming Secures $150 Million Credit Facility Led by KKR to Accelerate Growth

NEW YORK, Jan. 12, 2022 /PRNewswire/ Bowery Farming ( Bowery or the Company ), the largest vertical farming company in the United States, tod. ....

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Bowery Farming Secures $300 Million in Series C Funding to Accelerate Growth

Bowery Farming Secures $300 Million in Series C Funding to Accelerate Growth
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Plant Pathologist - Kearny (NJ) USA

Plant Pathologist - Kearny (NJ) USA

Bowery Farming, the Modern Farming Company, was founded in 2015 with the belief that technology and human ingenuity can grow better food for a better future. Propelled by its proprietary software system, the BoweryOS, Bowery builds smart indoor vertical farms that deliver a wide variety of Protected Produce - in little time, near cities they serve, for a truly local approach. Bowery’s farms are growing the next generation of vibrant and flavorful produce. They’re 100 times more productive on the same footprint of land than traditional agriculture, and grow traceable pesticide-free produce - the purest, best expression of what produce is meant to be - with a fraction of the water and land. ....

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Bowery Farming Raises $300M in Series C Funding

Bowery Farming Raises $300M in Series C Funding
Bowery Farming, a NYC-based vertical farming company, secured $300m in Series C funding.
The round was led by Fidelity Management & Research Company LLC, with follow-on investment from existing investors GV (formerly Google Ventures), General Catalyst, GGV Capital, Temasek, Groupe Artémis (Pinault-owned), new participation from Amplo and Gaingels, a fund representing the LGBTQ community and allies, as well as individual investors Lewis Hamilton, Chris Paul, Natalie Portman, José Andrés and Justin Timberlake.
The company, which has raised $472m to date, intends to use the funds to continue expansion of its network of smart indoor farms across the United States, to further accelerate its technological leadership, support ongoing research and product innovation efforts. ....

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