Gotham Greens Got $310M, Denim Secured $126M, and More NYC Tech News

Catch up on the latest developments from the New York tech sector.

Written by Ashley Bowden
Published on Sep. 19, 2022
Gotham Greens Got $310M, Denim Secured $126M, and More NYC Tech News
gotham greens greenhouse exterior
Photo: Gotham Greens

The Big Apple is bustling with fresh funding across a wide range of tech sectors. With developments in Web3, agriculture and more, catch up on the latest from these New York innovators. This is the Built In NYC Weekly Refresh.

Gotham Greens secured $310M. The indoor farming company grows leafy greens inside hydroponic greenhouses. With a presence in New York, Illinois, California and other states, the company is expanding its greenhouse network into cities in Georgia, Colorado and Texas. Its Series E funding, led by BMO Impact Investment Fund and Ares Management, will help it operate 13 greenhouses by 2023. [Built In NYC]

Denim raised $126M. Newly rebranded from Axle Payments, Denim announced a Series B funding round led by Pelion Venture Partners. The raise will help the company further its goal of strengthening the supply chain with financial enablement tech for logistics businesses. Denim will invest in developing flexible finance tools for its platform and expanding its headcount. [Built In NYC]

nyc tech quote of the week

“In April of 2021, the idea of unique digital collectibles was really trending, but what hadn’t taken off yet was finding ways to bring sincere artists — who were creating meaningful and thought-provoking art — into the NFT scene. The vision [of] Voice emerged as something quite different: a platform to uplift the artists themselves.”— William Anderson, CTO of Voice

NFT platform Voice was featured in Built In’s Future 5 series. The final addition to this quarter’s Future 5 lineup is Web3 platform Voice. With Voice, users can turn art in any medium, from performances to sculptures, into NFTs and sell them on the platform. It mainly works to uplift traditional artists and bring them into the digital space. As it continues to grow, the startup is hiring across a handful of roles. [Built In NYC]

Ethic pulled in $50M. Ethic’s fintech platform helps banks and other financial intermediaries manage their investment portfolios to ensure they’re supporting things that align with their ethical convictions. Ethic’s Series C capital led by Jordan Park Group will go toward expanding its product and market presence. It’s also hiring across operations, engineering, sales and other teams. [Built In NYC]

21.co got $25M. Marshall Wace led the latest funding round for 21.co, a Swedish company with a New York presence. With a suite of products geared toward making cryptocurrency more accessible and easy to use, 21.co is furthering its business using its new capital. The company will invest in developing original products, expanding into key markets and growing its team.  [PR Newswire]

Dataiku announced a new CLO. Offering an enterprise solution that helps companies design, deploy, govern and manage their AI and analytics applications, Dataiku is furthering its growth. The company brought on Daniel Brennan as its new chief legal officer. Formerly of Twitter, Brennan’s role will be to help the company scale amid a current increase in demand and consistent customer retention. [GlobeNewswire]

Pisces launched its end-of-life solution. Helping people avoid contributing to the environmental harm caused by traditional end-of-life options like burial and cremation, Pisces developed a more eco-friendly alternative. The startup announced the launch of its solution that uses alkaline hydrolysis to provide families with their loved ones’ ashes. Currently available in California, the company will expand into new markets in 2023. [Business Wire]

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