GV has returned to back the indoor farming operator’s series C round at a $2.3bn valuation, helping to take its total funding to over $470m.

US-based vertical farming technology developer Bowery Farming raised $300m in series C funding yesterday from investors including GV, a corporate venturing subsidiary of internet and technology group Alphabet.

Investment and financial services group Fidelity Management & Research led the round, which included Amplo, General Catalyst, GGV Capital, Groupe Artémis, Gaingels, Temasek and private investors José Andrés, Lewis Hamilton, Chris Paul, Natalie Portman and Justin Timberlake.

Bowery is developing a sustainable indoor farming scheme designed for cities. It has built a…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.
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