Bowery raised the largest private placement in the vertical farming space with a $300 million Series C round. Fidelity led the round with participation from Amplo, Gaingels, General Catalyst, GGV Capital, Temasek, Groupe Artémis, and Google affiliate GV.

"Scientific advances are also profoundly reshaping food production. Among the most powerful is our deepened understanding of the microbiome and its often-hidden role in our food system, from ground to gut."

Upward Farms adds 250,000 square foot growing space in Luzerne County, Pennsylvania. Upward Farm's plans to be operational in early 2023. Upward farms is localizing production of what are today among the most dislocated perishable foods — 90 percent of leafy greens are grown on the West Coast.