Bowery Farming Raises $325M in Series C

Bowery Farming has successfully raised $325M in a Series C at a $2.3B valuation led by Fidelity, GV, Temasek.

Company Overview

Bowery Farming is a AgTech company headquartered in New York, NY, founded in 2015 with 200+ employees.

Indoor vertical farming technology

Fundraising Details

- Amount Raised: $325M
- Round Type: Series C
- Valuation: $2.3B
- Date: 2021-05-18
- Investors: Fidelity, GV, Temasek

About Bowery Farming

Indoor vertical farming technology The company is positioned in the AgTech sector, serving a growing market with innovative solutions.

Key Information

- Headquarters: New York, NY
- Founded: 2015
- Team Size: 200+
- Industry: AgTech

What This Means

This funding round demonstrates strong investor confidence in Bowery Farming's vision and execution. The capital will likely be used to:

- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The AgTech sector continues to attract significant investment as companies innovate to meet evolving market demands. Bowery Farming's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $2.3B valuation marks an important milestone for Bowery Farming, positioning the company among notable players in the AgTech industry.

Looking Ahead

With this new capital, Bowery Farming is well-positioned to execute on its growth strategy and continue building innovative solutions in the AgTech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

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This fundraising news was reported on 2021-05-18. For more information about Bowery Farming, visit their headquarters at New York, NY.