Bowery Farming
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$3.5m | Seed | ||
$7.5m | Seed | ||
$20.0m | Series A | ||
$90.0m | Series B | ||
$50.0m | Series B | ||
N/A | N/A | - | |
* |
| $300m Valuation: $2.3b | Series C |
* | $150m | Debt | |
* | $94.0m Valuation: $944m | Series D | |
Total Funding | CAD770m |
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EditBowery Farming operates a network of indoor smart farms that leverage advanced technology to grow fresh, local produce. Utilizing their proprietary BoweryOS, which integrates artificial intelligence, software, and hardware, Bowery ensures optimal growth conditions for each crop, providing precise amounts of water and light. The company transforms industrial real estate into highly efficient vertical farms, significantly increasing yield per square foot while reducing water usage by 90%. Bowery serves consumers in urban areas, particularly in the Tri-State area, by bringing locally grown, high-quality fruits and vegetables closer to communities. The business model focuses on direct-to-consumer sales through various channels, including partnerships with grocery stores and online platforms. Revenue is generated through the sale of fresh produce, leveraging the efficiency and sustainability of their farming methods to offer competitive pricing and superior quality.
Keywords: indoor farming, vertical farms, AI technology, BoweryOS, local produce, urban agriculture, sustainable farming, high yield, water efficiency, fresh greens.