Diligence memo · auto-generated · as of July 2, 2026
Bowery Farming Inc.
Bowery Farming Inc. looks under-valued against its niche peers and is at-risk on financing cadence.
Businessfiled
Bowery Farming Inc. operates in Other Technology, based in NEW YORK. What grows here changes everything.
Capital & rounds (filed)filed
Bowery Farming Inc. has raised $528M in disclosed capital across 5 recorded rounds, aggregated from public filings. Its latest round is modeled as Series D+ (a $100M–$400M round).
Largest single filing: $321M on 2021-05-18.
Most recent recorded round closed around 2023-10-25.
Valuation (modeled)modeled
Provath models Bowery Farming Inc. at approximately $1.2B (range $474M–$1.8B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.56× the median modeled value of Series D+ Other Technology companies in 2022–2024 (75 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 16 months.
Last raise 2.7 yr ago; this sector typically re-raises about every 13 months.
Past due for a raise versus sector cadence — watch for distress or a bridge.
The last round stepped up 10.2× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 100% of Other Technology peers (21302 compared).
Modeled value ranks above 97% of those peers.
Closest niche peers: Memphis Meats, Inc., Edgio, Inc., Siprocal, Inc, PacketFabric, Inc., Guess & Co. Corp.
Peoplefiled
14 named people on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.