EP93: The $2B startup building vertical farms across the US - Bowery (May 2020)
Fun Facts
Bowery’s indoor farms produce over 100x more produce on the same footprint of land as traditional agriculture.
Founders
Brian Falther, David Golden, and Irving Fain
LAUNCHED
2015
Flagship Product
HQ
New York, NY
Background
As the population grows, more food will need to be produced in the next four decades than has been in the past 10,000 years. Yet resources like water and arable land are increasingly limited. There hasn’t been a practical path to provide fresh food at the volume and quality that people are looking for — until now.
Solution
By combining the benefits of the best local farms with advances made possible by technology, Bowery’s indoor farms create the ideal conditions to grow post-organic produce we can feel good about eating. Because they control the entire process from seed to store, Bowery farms use zero pesticides, 95% less water, and are 100+ times more productive on the same footprint of land than traditional agriculture.
Episode Brief
Bowery Farming’s Katie Seawell (Chief Commercial Officer) and Carmela Cugini (Former EVP of Sales) join Peter on this week’s episode to discuss:
Leaving executive roles at Pepsi and Starbucks to join Bowery
Revolutionizing agriculture to feed the world’s growing population
Owning the entire chain- from seeding through fulfillment
Stepping up for retailers and communities during COVID
Trends in grocery and online food delivery
The future of farming
Credits
HOST
Peter Levin
PRODUCTION
Dan Mahoney
MUSIC
Eddie Knuckles