Bowery Farming Secures Funding, Plans New Farms Serving Atlanta, Dallas Fort-Worth Regions
Bowery Farming, the largest vertical farming company in the United States, has secured a $150 million credit facility led by private credit accounts managed by KKR, a global investment firm.
This independent, third-party funding will accelerate the expansion of Bowery’s network of smart indoor farms beyond the East Coast and brings its total debt and equity capital raised to more than $647 million. KKR’s credit investment follows Bowery’s $325 million Series C funding in 2021 led by Fidelity Management & Research Company LLC.