
New York City-based urban farming startup Gotham Greens on Wednesday announced a new $29 million round of equity funding.
Thee investment, which closed last month, brings the company’s total equity funding to $45 million, not including bank debt. Gotham Greens has a greenhouse on the roof of the Method soap factory in Chicago’s Pullman area and plans for another nearby.
The funding round was led by the company's existing investors, including the New Jersey-based Silverman Group, along with a significant new investment from Creadev, a global private equity investment firm controlled by France’s wealthy Mulliez family.
Latest from Produce Grower
- How BrightFarms quadrupled capacity in six months
- Oasis Grower Solutions releases two foam AeroSubstrates for hydroponic growers
- FDA Intends to Extend Compliance Date for Food Traceability Rule
- GM CEA HERB Part 2: A guide to increasing the sowing density of culinary herbs
- GM CEA HERB Part 1: Best practices for producing culinary herbs in controlled environments
- USDA Reinstates Fired Probationary Employees
- CEA Alliance celebrates bipartisan introduction of Supporting Innovation in Agriculture Act
- PG CEA HERB Part 1: Best management practices for culinary herbs