Bowery Farming Raises $150M in Series C

Bowery Farming has successfully raised $150M in a Series C at a $647M valuation led by Fidelity, GV, General Catalyst, Temasek Holdings, GGV Capital.

Company Overview

Bowery Farming is a AgriTech company headquartered in 151 W 26th Street, New York, NY 10001, founded in 2015 with 200+ employees.

Indoor vertical farming

Fundraising Details

Amount Raised: $150M
Round Type: Series C
Valuation: $647M
Date: 2024-08-20
Investors: Fidelity, GV, General Catalyst, Temasek Holdings, GGV Capital

About Bowery Farming

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

Key Information

Headquarters: 151 W 26th Street, New York, NY 10001
Founded: 2015
Team Size: 200+
Industry: AgriTech

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 AgriTech 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 $647M valuation marks an important milestone for Bowery Farming, positioning the company among notable players in the AgriTech 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 AgriTech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2024-08-20. For more information about Bowery Farming, visit their headquarters at 151 W 26th Street, New York, NY 10001.