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TechCrunch
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Bowery Farming is ceasing operations
- Agtech unicorn Bowery Farming is shutting down, according to internal documents and company employees.
- The New York-based company built vertical farms to produce crops like lettuces, herbs, and berries.
- Bowery Farming raised over $700 million in funding from various venture capitalists.
- Vertical farming has proven to be a challenging industry, with other companies like AeroFarms and AppHarvest facing difficulties.
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