Bowery Farming Raises $150M Series C in Latest Funding Round

Bowery Farming has successfully closed a $150M Series C funding round, marking a significant milestone in the company's growth trajectory. The round was led by Fidelity Management, with participation from GV (Google Ventures), General Catalyst.

Company Overview

Founded in 2015 and headquartered in New York, NY, Bowery Farming has established itself as a leader in the agritech space. Vertical farming company using AI and robotics to grow leafy greens and herbs in indoor facilities

With a current valuation of $2.3B, the company has demonstrated strong market traction and investor confidence. The organization currently employs 400-650 people and continues to scale its operations.

Investment Details

Funding Round Highlights

• Amount Raised: $150M Series C
• Valuation: $2.3B
• Lead Investor: Fidelity Management
• Round Type: Series

Key Investors

The funding round saw participation from several notable investors:

• Fidelity Management: One of the world's largest asset managers with $5T+ assets under management
• GV (Google Ventures): Google's independent venture capital arm with $8B+ AUM investing in life sciences, enterprise, consumer, and frontier tech
• General Catalyst: Global investment firm with $30B+ AUM backing transformative technology companies and healthcare innovation

Market Context

The AgriTech sector continues to attract significant investor interest, with companies focusing on innovation, technology integration, and operational efficiency seeing particularly strong funding activity. This investment reflects the growing demand for innovative solutions in this space.

Growth Strategy

With this latest funding, Bowery Farming plans to:

• Accelerate product development and innovation
• Expand market reach and customer acquisition
• Scale engineering and go-to-market teams
• Strengthen competitive positioning in the agritech market

Industry Impact

Bowery Farming's funding round represents the continued evolution of the agritech industry, where technology-driven solutions are becoming increasingly critical for business success. The company's approach to innovating food production and agricultural systems positions it well for future growth.

Future Outlook

As Bowery Farming moves forward with its expanded funding, the company is well-positioned to capitalize on market opportunities and drive innovation in the agritech space. Industry experts expect continued growth and potential for additional strategic partnerships.

The investment validates the company's business model and growth potential, setting the stage for the next phase of expansion and market leadership.