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Uber CEO and Alphabet Invest in Urban Farming Startup

Written by CRETech | Dec 14, 2018 1:40:34 PM

Bowery Farming Inc., a two-year-old startup that uses robotics to cultivate crops indoors, is on track for more growth. The New York-based company plans to announce on Wednesday that it raised $90 million from investors including Alphabet Inc.’s GV and Uber Chief Executive Officer Dara Khosrowshahi, said Bowery’s co-founder and CEO, Irving Fain. The company declined to provide its valuation.