We realize that were only at the beginning of the Bowery journey and we couldnt have asked for a better group of investors to help us grow in this next stage.

New funding to grow food for a better future

Contributed by | Bowery Farming

We started Bowery to grow food for a better future by revolutionizing agriculture. In a little over two years, we’ve assembled an incredible team of experts passionate about the problem we’re solving, developed BoweryOS — our proprietary software platform — from the ground up, and built a fully-operational farm eight miles outside of New York City that supplies restaurants and grocery stores throughout the region.

While we’re proud of what we’ve accomplished so far, we have so much more we want to do, which is why we’re thrilled to announce that Bowery has raised $20M in new funding co-led by General Catalyst and GGV Capital, with participation from GV (formerly Google Ventures) and a number of our seed round investors, including First Round CapitalHans Tung from GGV and Spencer Lazar from General Catalyst will be joining Rob Hayes from First Round Capital on our Board of Directors, and we’re incredibly fortunate to draw on their expertise in scaling global consumer-facing companies. We’re also lucky to work with Andy Wheeler from GV, whose investments include other food and agriculture-focused companies like Impossible Foods and Farmers Business Network.

This additional funding will help us expand our operations, continue to invest in our technology, and bring on world-class talent. We’re currently expanding to more Whole Foods Markets, and we’ve already starting to work on our next farm in the Tri-state area to distribute our produce more broadly. It’s a fantastic time to join our team! We’re always looking for amazing people, and actively hiring across the organization from engineering to agricultural science and business operations.

We realize that we’re only at the beginning of the Bowery journey and we couldn’t have asked for a better group of investors to help us grow in this next stage. To our customers, our supporters, and our investors, thank you so much for your support thus far — we’re excited for what’s ahead.

 

Bowery Farming

We combine the benefits of the best local farms with advances made possible by technology to grow produce you can feel good about eating.

 

The content & opinions in this article are the author’s and do not necessarily represent the views of AgriTechTomorrow

Comments (0)

This post does not have any comments. Be the first to leave a comment below.


Post A Comment

You must be logged in before you can post a comment. Login now.

Featured Product

XLamp® XP-L Photo Red S Line LEDs Set a New Standard in Horticulture Lighting

XLamp® XP-L Photo Red S Line LEDs Set a New Standard in Horticulture Lighting

Designed to deliver exceptional efficiency, unmatched durability and seamless system upgrades, XLamp XP-L Photo Red S Line LEDs are optimized for high-performance applications in greenhouses, vertical farms and other large-scale growing operations. These LEDs achieve an impressive typical Wall-Plug Efficiency (WPE) of 83.5% at 700 mA and 25°C. This efficiency allows horticulture luminaires to deliver the same output with less power consumption, translating into lower operating costs and optimized designs that use up to 35% fewer Photo Red LEDs. Cree LED's XP-L Photo Red LEDs, built with advanced S Line technology, set a new standard in sulfur and corrosion resistance, offering an extended lifespan and reliable performance. These features significantly reduce maintenance costs while providing consistent, high-quality lighting throughout critical growth cycles. Additionally, a consistent platform offers easy integration with a drop-in replacement for existing XP-based luminaires eliminating the need for reengineering due to footprint changes. With the same 3.45 x 3.45 mm XP footprint as the XP-G3 Photo Red S Line LEDs, the XP-L Photo Red ensures a hassle-free upgrade for existing designs.