Gotham Greens receives $29 million in new funding

Gotham Greens receives $29 million in new funding

The latest funding brings the grower's total equity to $45 million.

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June 22, 2018
chicagotribune.com
Produce Expansion

New York City-based urban farming startup Gotham Greens on Wednesday announced a new $29 million round of equity funding.

Thee investment, which closed last month, brings the company’s total equity funding to $45 million, not including bank debt. Gotham Greens has a greenhouse on the roof of the Method soap factory in Chicago’s Pullman area and plans for another nearby.

The funding round was led by the company's existing investors, including the New Jersey-based Silverman Group, along with a significant new investment from Creadev, a global private equity investment firm controlled by France’s wealthy Mulliez family.

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