Ledger & Lore
← Back to the archive

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.