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New Deal


Announced

A consortium of investors invested $90m in Bowery Farming.

Synopsis

Bowery Farming, a two-year-old startup that uses robotics to cultivate crops indoors, is on track for more growth. it raised $90m from investors including Alphabet’s GV and Uber Chief Executive Officer Dara Khosrowshahi. The startup uses technology such as robotics, machine learning and automation to grow environmentally-friendly produce without the use of pesticides. Bowery is now valued at $350m, up from the $71m figure it reached in June 2017 with a $22m round.

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