When the market was booming, tech investors poured billions into companies designing new ways of farming. Now some of those bets appear to be wilting. The challenge with investing in indoor farming companies is that they must excel at not only software, but also robotics, agricultural science and farm design, says Hans Tung, managing partner at GGV. “It's not an easy category to crack,” he says. “Only the strongest will likely survive, and there won't be that many great players.” “We are a business that takes and requires capital always,” says Irving Fain, CEO of Bowery Farming (pictured here), a vertical farming company that has raised nearly $500 million in equity from a star-studded roster of investors, including singer Justin Timberlake. The New York-based company is one of the largest in the space and sells its leafy greens to more than 1,400 retailers. Read about the funding behind many of these companies and see more photos at the link in our bio or visit: bloomberg.com/green 📷: Bowery Farming