Founded in 2015 in New York City, Bowery is among several urban plant factories that are changing food supplies, and attracting substantial funding.
The need to grow produce more efficiently, and closer to end markets, is represented in Bowery and the concept of vertical agriculture.
Early last year, Bowery secured a $150 million credit investment from KKR & Co.
Overall, Bowery increased its retail distribution 40% in 2022, with supermarket chains Albertsons, Giant Food, Walmart and Whole Foods on board.
Almost a decade on from its founding, the idea behind Bowery remains novel, but skeptics say vertical farming remains closer to a DIY niche than a grown up, globally scalable agtech industry.