Natalie Portman is an actor who is well known for her roles as her commitment to causes ranging from the environment to animal welfare, has extended her financial support on a new investment sphere for Bowery Farming startup. Bowery farming location is in the U.S. Along with that Bowery, farming valuation is estimated at over $300 million from both investment groups and individuals to help extend its operations across the U.S.
Irving Fain, Bowery Farming CEO and Founder asserted in a press release.
He further added that,
Joining Portman in the latest investment round for Bowery, which has raised more than $465 million since the time it was founded in 2014, were well-known plant-based eating supporters Lewis Hamilton and Chris Paul, as well as world-known chef and hunger supporter José Andrés and singer-composer Justin Timberlake.
Vertical Farming Reaches New Heights With Bowery Farming Startup
So why is everyone from investment groups to celebrities investing money at Bowery? Simply put, the cynicism around vertical farming that initiated early growth has been replaced with shining enthusiasm in the course of its success.
In 2020, Bowery Farming stock went from selling produce in under 100 retail locations across the U.S. to nearly 900. According to Fain,
Fain told in an interview,
He further added,
Currently Bowery has two vertical farming lands in Maryland and New Jersey, with a third slated to open in Bethlehem, PA by the end of this year. Each industrial area features various herbs and greens (butter lettuce, cilantro, arugula, etc.) kept vertically in trays and grown through farming using a “state-of-the-art” computer control system and also LED lights. An average of 80,000 pounds of produce is brought about each week using 95% less water than primitive farms and with zero chemicals or pesticides. And because these vertical farms can be constructed within cities, transport costs and their relevant environmental impacts have been awfully reduced.
In an interview Fain said,
He further added,