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Bowery Farming

AgTechUSAClosed 2024

Total Raised

$700M

Peak Valuation

$2.30B

Employees

Year Collapsed

2024

Business model

Vertical indoor farming producing pesticide-free lettuce, kale, herbs, and other leafy greens for grocery and e-commerce distribution.

In brief

One of the best-funded and most celebrity-backed vertical farming startups (with investors including Natalie Portman and Justin Timberlake), reaching a $2.3 billion valuation and distribution in over 850 grocery stores. Expansion into new high-tech farm facilities in Pennsylvania…

See the What Happened tab for the full account.

Key facts

Founded
2015
Closed
2024
Headquarters
New York, USA
Industry
AgTech
Employees
Revenue
Undisclosed
Founders
Irving Fain

Related failures

Often compared with: Gotham Greens, BrightFarms.