Bloomberg, Cornell Tech, & Tech:NYC invite you to join us for the latest installment of the CornellTech@Bloomberg series,featuringIrving Fain, co-founder & CEO of Bowery Farming, in conversation with Scarlet Fu of Bloomberg Television.
Over the past few years, New York City has become a center for technological advances in agriculture. Driven by its large population & food industry, New York's agricultural entrepreneurs have developed novel approaches to producing more efficient, less resource intensive, and, perhaps, even tastier produce. Originally conceived around growing food on rooftops or on small plots of land within cities, urban farming has shifted to the much more productive practice of vertical farming. Housed in warehouses & shipping containers, these farms use hydroponics & LED lighting to grow crops without soil or sunlight & with minimal need for water, especially when compared to traditional farming.
CEO Irving Fain co-founded Bowery Farming in 2015 to address the question of how technology can help feed a growing population with local produce in a world where water scarcity is increasingly a threat. With indoor farming facilities in New Jersey, Bowery Farming uses vision systems, automation technology & machine learning to constantly monitor plants & adjust the variables that drive their growth. And they're able to grow year-around, independent of the weather. Bowery's indoor farms use zero pesticides, 95% less water & are 100+ times more productive on the same footprint of land than traditional agriculture.
Bowery Farming has raised more than $30 million from top venture firms, such as First Round Capital, GV & General Catalyst. And its produce can be found at select restaurants & Whole Foods locations around New York City.
We'll hope you'll join us for an interesting conversation with Fain in which we'll discuss the future of food & farming, the intersection of technology & agriculture, & how New York City might one day produce enough food locally to feed its population.
Bloomberg L.P. Headquarters731 Lexington AvenueNew York, NYTuesday, June 12, 20185:30 PM: Cocktail reception begins6:00 PM: Doors close, conversation starts6:45 PM: Audience Q&A with Cornell Tech students7:00 PM: Networking andhors d'oeuvresto follow**PLEASE NOTE: Seating is limited & registered attendees will be seated on a first come, first served basis. Doors close promptly at the top of the hour. Individuals arriving late may be turned away from the building.No walk-ins allowed**
Irving Fain is the CEO & co-founder of Bowery Farming. He is a seasoned entrepreneur who grew up eating quality, local food & is passionate about expanding access to great produce we can trust. He was previously co-founder & CEO of CrowdTwist, a venture-backed company that provides loyalty marketing products. Prior to that, he ran product & marketing for iHeartMedia & began his career helping early stage companies raise capital as an investment banker at Citigroup.
Seats are limited. Please RSVP promptly at:https://ctblpjune12.eventbrite.comQuestions: firstname.lastname@example.orgWatch previous CornellTech@Bloomberg events:
CornellTech@Bloomberg is a series that convenes leading figures in global technology for monthly, onstage conversations to produce new insights & raise compelling questions. Hosted at Bloomberg's worldwide headquarters in Manhattan, the series is a collaboration between Cornell Tech & Bloomberg that brings together Bloomberg employees & members of the Cornell Tech community with members of New York's greater technology community to hear from entrepreneurs, investors, & thinkers.About Tech:NYC
Tech:NYC is a nonprofit member organization that represents New York City's technology sector. Leveraging the power of its network of member companies, it supports not only its community, but also New York City as the world's capital of culture & innovation. Tech:NYC speaks as the voice of technology in NYC & advocates for the policies that underscore a regulatory environment that supports the growth of technology companies & technology talent in NYC; promote inclusive technology education policies; & create access for all New Yorkers to connectivity, technology tools, & training. More info is available attechnyc.org. We hope you can make it!Cheers,Bloomberg L.P.
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