General InformationBowery Farming was a New York City-based indoor vertical farming company founded in 2015 by Irving Fain, David Golden, and Brian Falther, that employed 500–1,000 people at its peak before ceasing operations in November 2024.
Funding & FinancialsBowery raised over $700 million in total venture capital — including a $300M Series C led by Fidelity in 2021 at a $2.3B valuation — from investors including General Catalyst, GV, Temasek, KKR, GGV Capital, and First Round Capital, before failing to secure additional financing in 2024.
Leadership & TeamCEO and co-founder Irving Fain, who previously co-founded CrowdTwist (acquired by Oracle for $100M), led the company alongside co-founders David Golden and Brian Falther, with Henry Sztul serving as Chief Science Officer and developer of BoweryOS.
Recent ActivityBowery Farming ceased all operations in November 2024, laid off 187+ workers, and entered an Assignment for the Benefit of Creditors (ABC) process managed by Sherwood Partners, with equipment from its unbuilt Georgia and Texas facilities subsequently auctioned off in 2025.