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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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Largest U S vertical farm company secures $300M in additional funding

Largest U.S. vertical farm company secures $300M in additional funding May 25 , 2021 Bowery Farming, the largest vertical farming company in the United States, has secured US$300 million in additional funding in a round led by Fidelity Management & Research Company LLC. There was also significant follow-on investment from existing investors GV (formerly Google Ventures), General Catalyst, GGV Capital, Temasek, Groupe Artémis (Pinault-owned), as well as new participation from Amplo and Gaingels, a fund representing the LGBTQ community and allies. Additional individual investors in the round include plant-based eating advocates like Lewis Hamilton, Chris Paul, and Natalie Portman, as well as world-renowned chef and hunger advocate José Andrés and singer-songwriter Justin Timberlake.

United statesIrving fainChris paulJustin timberlakeAndy wheelerInjong rheeLewis hamiltonNatalie portmanGiant foodFidelity management research companyWhole foods marketAlbertsons companies safewayBowery farmingFidelity managementResearch companyGoogle ventures

Bowery Farming raises $300m, plans to introduce tomatoes, root vegetables, and strawberries to market

Bowery Farming raises $300m, plans to introduce tomatoes, root vegetables, and strawberries to market Bowery Farming has secured $300m in a Series C equity round, bringing its total funding to $472m, the largest private fundraise for an indoor farming company to date. The round was led by Fidelity Management & Research Company LLC with significant follow-on investment from existing investors GV (formerly Google Ventures), General Catalyst, GGV Capital, Temasek, Groupe Artémis (Pinault-owned), as well as new participation from Amplo and Gaingels, a fund representing the LGBTQ community and allies. Individual celebrity investors and plant-based eating advocates, Lewis Hamilton, Chris Paul, and Natalie Portman, as well as chef and hunger advocate José Andrés and singer-songwriter Justin Timberlake, also participated in the funding round.

United statesNew jerseyIrving fainChris paulJustin timberlakeAndy wheelerInjong rheeLewis hamiltonNatalie portmanGiant foodFidelity management research companyWhole foods marketAlbertsons companies safewayFidelity managementResearch companyGoogle ventures

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.

New yorkUnited statesIrving fainChris paulJustin timberlakeLewis hamiltonNatalie portmanVictor llorenteGiant foodWhole foods marketFidelity management research companyAlbertsons companies safewayBowery farmingFidelity managementResearch companyGoogle ventures

After a Record-Breaking Year, What s Next for Men s Resale? | BoF Professional, News & Analysis

After a Record-Breaking Year, What s Next for Men s Resale? | BoF Professional, News & Analysis
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