Indoor Farm Startup Receives $90 Million Fund from Uber CEO and GV

Bowery Farming, an indoor autonomous farming startup from New York, has raised US$ 90 million in Series B funding from investors including GV (formerly Google Ventures). and CEO of Uber, Dara Khosrowshahi.

The company began operating in February 2017 and has opened two vertical farming facilities near New York since then. Bowery Farming applies technologies including robotics, machine learning and predictive analytics to autonomously operate the growing conditions for the crops. Vegetables are grown with controlled environment with optimized LED lighting spectrum and efficient amount of water which uses 95 percent less water compared to conventional agriculture.


(Image: Bowery)

Bowery Farming builds indoor vertical farms near cities to produce food for continue growing population and reduce the carbon footprint of food. With the funding, the company plans to establish more growing facilities by the end of 2019. The exact number and location of the new farms was not disclosed. Bowery will also enlarge its organization and expand the variety of products. The distribution partners of Bowery include Whole Foods, Sweetgreen, and restaurants in New York.

Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<
Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.

What Is WICOP Technology? The Evolution of WICOP 1, 2 and 3 by Seoul Semiconductor From Package-Free Opto-Semiconductors to High-Voltage Operation and Rare-Earth-Free White Light WICOP (Wafer Integrated Chip on PCB) is a package-free opto-semi... READ MORE

ViewSonic Corp., a leading global provider of visual and edtech solutions, announced that the LDS136-152 Mobile Direct View LED Display Solution has been awarded Pro AV Best in Market Award from AV Technology, Systems Contractor News, and Soun... READ MORE