Altss Research / Venture case 15
Bowery Farming
Bowery Farming ceased operations in November 2024 after a $2.3 billion private valuation in 2021. A New York WARN filing records closure of its headquarters on November 1.
Altss Research · Evidence reviewed · Historical event record
Historical private valuation
$2.3bnBowery’s Series C announcement stated that its $300 million funding round brought its valuation to $2.3 billion. The announcement did not distinguish pre-money from post-money in that figure.
Shutdown
No sale priceOperations ceased. Company-wide cessation was reported in November 2024. The primary New York notice specifically records the headquarters closure on November 1; it is not by itself proof about every farm.
These figures have different valuation bases and dates. Their difference is not a measure of investor losses. Methodology ↗
The documented timeline
Series C financing
Bowery announced $300 million of funding at a $2.3 billion valuation.
Headquarters closure
The New York Department of Labor notice records the closure of Bowery’s New York site.
Source documents
Publication and access dates identify the evidence used for this case.
Bowery Farming / PR Newswire · Primary source · Published May 25, 2021 · Accessed Oct 26, 2026
New York State Department of Labor · Primary source · Published Nov 1, 2024 · Accessed Oct 26, 2026
Axios · Financial reporting · Published Nov 5, 2024 · Accessed Oct 26, 2026
Logo: Bowery Farming logo source. Company trademark rights remain.