Growing Microgreens Indoors: The Advanced Guide (2021 Edition)

“If urbanvine.co had existed when I got into Vertical Farming back in 2012, I'd have saved 3 years in that quest to learn it!”

Mark-Horler
- Zjef Van Acker, Former Chief Engagement Officer, Association for Vertical Farming (AVF) 

Bowery Farming

Vertical farming company Bowery Farming secures $300m in funding - FoodBev  Media
Bowery Farming Source

Overview

Bowery Farming is vertical farming company located in New York, United States. Their product mix generally includes lettuce, dark leafy greens such as kale, herbs such as basil, and other leafy green mixes. They have a proprietary software called BoweryOS which claims to utilize computer vision, automation, and machine learning to optimize indoor growing for flavor and quality.

Founders

Irving Fain, Brian Falther, and David Golden are the founders of Bowery Farming. Linked here is an interview with all three founders. Irving Fain is the CEO of the company, see his Linkedin profile here.

Brian Falther is no longer with the company, having departed in 2020.

David Golden is currently listed as a Co-Founder at Bowery Farming and still appears to be active at the company.

Prominent investors in Bowery Farming include Google Ventures, General Catalyst, Temasek, First Round Capital, and GGV Capital.

Stock

As of now Bowery Farming is a private company and stock is not publicly available for purchase. As recently as this May 2021 article, Bowery Farming indicated no plans to go public, despite the trends of many competitors announcing initial public offerings (IPOs) and becoming a public company.

The May of 2021 the company also announced a $300M Series C fundraising round, valuing the company at approximately $2.3B. This fundraise brought the total funds raised by Bowery Farming to over $488M USD.

Revenue

Bowery claims to grow approximately 5.5 tons of produce per day across all of their farms. They list customers on their website as: Safeway, Acme Markets, Fresh Direct, Walmart, Amazon Fresh, Whole Foods, and Weis Markets.

With production of about 11,000 pounds per day, at an farmgate average price of approximately 50 cents per pound. This is equal to about $6,500 of revenue per day, or $2.3M per year. At an average price of $1/pound, estimated revenue would be $4.6M.

3rd Party Site Zoom Info estimates Bowery Farming's revenue to be $5M and employee account at 150 people.

Locations

Bowery Farms has two flagship locations: 

1) Kearney, New Jersey: On the site of a shipyard that built battle ships during World War 1 and World War 2.

2) Nottingham, Maryland: On the site of a formal industrial plant. According to Bowery, this farm is 100x the size of the original plant.

Are you interested to learn more about Plenty and other vertical and indoor farming companies? Be sure to join our newsletter of over 5,000 subscribers across the vertical and indoor farming industries.

To subscribe, enter your email in the form below!

“If urbanvine.co had existed when I got into Vertical Farming back in 2012, I'd have saved 3 years in that quest to learn it!”

Mark-Horler
- Zjef Van Acker, Former Chief Engagement Officer, Association for Vertical Farming (AVF) 

“Urban Vine sends out lovely and detailed information on the future of farming in their newsletter, I recommend joining!”

Hank
Hank van Apeldoorn, Urban Vine Co Subscriber

All Articles

Top Basil Growing Tips (From 10 Experts)

July 30, 2022

[UPDATED FOR 2022] Do you want to grow basil on an urban farm or garden, but haven't started yet? Click here for step-by-step tips given by experts today!

View Post

The 10 Most Popular Urban Farming Articles

July 30, 2022

[UPDATED FOR 2022] In this article, you will learn some of the most popular articles on urban farming EVER, as determined by social shares. Click to learn more!

View Post

49 Wheatgrass Benefits: Everything You Need To Know

July 30, 2022

[UPDATED FOR 2022] In this article, you will learn everything you need to know about wheatgrass, including 49 benefits. Click to learn more!

View Post

How Does SPIN Farming Work? (A Quick and Simple Guide)

July 30, 2022

[UPDATED FOR 2022] What is SPIN farming, and how does it work? What are the main differences with traditional farming? Click to learn more!

View Post

What Are Wall Planters, and How Do They Work?

July 30, 2022

[UPDATED FOR 2022] What are wall planters, and how do they work? Click here to learn the all the basic aspects of wall planters and how they work...

View Post

7 Top Indoor Growing Beginner Tips (An Easy Guide)

July 30, 2022

[UPDATED FOR 2022] Have you ever wondered what it takes to be an indoor grower? In this article you will learn from the pros. Click to learn more!

View Post

LED Grow Lights For Plants: An Easy Guide

July 30, 2022

[UPDATED FOR 2022] In this article we will teach you the core fundamentals of how to use grow lights for indoor farming. Click to learn more!

View Post

11 Top Urban Farming Podcasts You Can Learn From Today

July 30, 2022

[UPDATED FOR 2022] Are you a podcast type of person? Here is a quick & simple list of 11 urban farming podcasts you can learn from, click to learn more!

View Post

A Simple Guide To Urban Farming In Detroit

July 30, 2022

[UPDATED FOR 2022] The definitive, complete, step-by-step breakdown of all aspects of urban farming in Detroit. Click to learn more!

View Post

How Do Aeroponics Work? (A Beginner's Guide)

July 30, 2022

[UPDATED FOR 2022] What is aeroponic farming, and how does it work? What are the main differences with normal farming? Click to learn more!

View Post