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Synopsis
Fidelity Management, a multinational financial services corporation, led a $300m Series C funding round in Bowery Farming, a vertical farming company. Additional investors include GV, General Catalyst, GGV Capital, Temasek, Groupe Artémis, Amplo and Gaingels. "Bowery's approach to indoor farming represents a meaningful disruption to the traditional produce supply chain, and its systems-based approach to engineering and farm design is unparalleled. I look forward to continuing to partner with the Bowery team as they build and scale the largest indoor farming network in the US and bring more sustainable produce to consumers," Andy Wheeler, GV General Partner.
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