| Founded | 2015 |
|---|---|
| Closed | 2023 |
| Country | USA |
| Sector | Agriculture |
| Total raised | ~$472M (CPPIB, Goldman Sachs, General Atlantic, GV, Dara Khosrowshahi) |
| Collapse type | Sudden Collapse |
| Founder | Irving Fain |
Bowery Farming
"The indoor vertical farming startup that raised $472 million from Goldman Sachs, CPPIB, and Google — then shut down overnight in March 2023 when a new funding round could not be closed"
Unexpected shutdown within weeks of a trigger
Key Events Timeline
Bowery Farming was founded in 2015 by Irving Fain in New York City with the premise that controlled-environment indoor vertical farming could grow crops year-round with 95% less water, zero pesticides, and dramatically lower transportation costs compared to conventional agriculture.
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