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  • Yield Lab agtech accelerator partners with Arch Grants

    St. Louis based agtech accelerator Yield Lab and Arch Grants have announced they are developing a partnership to provide resources to AgTech startups in the St. Louis region. Yield Lab is a new business accelerator that invests in sustainable methods of increasing the world food supply.  “LifePack is an international company from Cali, Colombia which manufactures

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  • Get your Farm on with Farming Simulator 15 video game

    If you’re interested in farming, but don’t know a tractor from a harvester then maybe Farming Simulator 15 is for you. A new edition of the popular video game series will be release on October 30. New equipment in this edition includes a selection of vehicles and tools that will allow you to “discover the freedom of woodcutting” (You …

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  • Ingredion to acquire natural ingredients developer Penford for $340M

    Penford (NASDAQ: PENX), which develops and manufactures specialty natural ingredients for food, paper, and other bioproducts has announced an acquisition deal by Ingredion (NYSE: INGR) in a $340 million cash transaction with available cash and funds available under existing credit facilities. The acquisition has been approved by the boards of directors of both

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  • Foodtech company FoodEssentials raises $1.5M

    Foodtech big-data company FoodEssentials which collects, aggregates and analyzes food label data for government, retailers and manufacturers has raised a $1.5M Series A, according to their SEC filing. Edward Domain over at Techli reports that the Series A was led by Mercury Fund, formerly Mercury DFJ (Draper, Fisher, Jurvetson), a storied Silicon Valley VC. Proceeds are

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  • CARANA Works to Develop Guyana’s Growing Potential; Launches AgFunder Campaign

    CARANA Agribusiness plans to boost production potential in the mainland Caribbean country by scaling sustainable farms, modernizing the industry, and diversifying crops.

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  • FarmLead, the Uber for grain trading, to host investor webinar

    Brennan Turner, the President of FarmLead, an online peer-to-peer grain trading platform, will be hosting an investor webinar in conjunction with AgFunder on Tuesday, October 14 at 3:00 Eastern/12:00 Pacific (Register here). Turner, who attended Yale and had a brief stint with the National Hockey League where he was drafted by the Chicago Blackhawks, founded FarmLead an

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  • Adapt-N closes $2.2M for cloud-based soil prescription technology

    Agronomic Technology A announced a $2.2 million investment to expand its Adapt-N cloud-based recommendation platform for farmers and agronomists. Adapt-N gives farmers customized, soil-driven insights that lead to more profitable and environmentally sound fertilizer, crop and irrigation decisions. The company said that proceeds from the investment, which comes from Arthur

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  • Google backed Cool Planet scores a cool $91M from USDA

    Green fuel and biochar producer, Cool Planet has been awarded a $91 million conditional commitment from the USDA for a loan guarantee to support construction of the company’s first commercial manufacturing plant. The facility will be located at the Port of Alexandria, Louisiana. Cool Planet has raised over $140 million in venture capital since 2011, and is backed by

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  • Take off eh! Freight Farms expanding distribution to Canada

    Boston-based Freight Farms, which raised a $1.2M Series A back in December has announced that it’s partnering with Canadian produce grower, Smart Greens, to expand distribution and customer support of Freight Farms in Canada. The company has been developing relationships to offer distribution and support outside of the U.S. The company said that this partnership will

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  • Yield Lab’s agtech accelerator now accepting applications for winter session

    Yield Lab, a St. Louis based accelerator program focused on agriculture is accepting applications for their inaugural class. Yield Lab plans to invest $100k each into 20-30 early stage agriculture technology companies over the next three years. Yield Lab is looking for companies with innovative products that increase agriculture yields in livestock and crops, help to reduce

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  • Climate big-data company aWhere, to open office in Kuala Lumpur

    Bernama.com aWhere, a Denver-based agricultural technology big data company, will open an office in Kuala Lumpur to manage its Asia operations. The office, which would hire local expertise for a number of key positions, will also serve as the regional hub in the Asia Pacific.“This is part of the company’s strategy to bring its data analytics platform …

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  • Sweet! agbiotech company, Stevia First raises $1.5M

    Stevia First, an early stage agricultural biotechnology company focused on the industrial scale production of stevia, the all-natural zero-calorie sweetener has announced announced that it has raised $1.47 million from a Series C warrant conversion issued back in June 28, 2013. Stevia First trades over the counter under the symbol OTCQB: STVF. The Company said that that

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  • Trana Discovery Could Help Stop the Banana Crisis

    Since April, everybody’s been talking about the demise of the banana. According to the Food and Agriculture Organization for the United Nations (FAO), banana production across the world is now threatened by Fusarium oxysporum TR4, a fungus more commonly called Panama disease. The fungus is so rapidly advancing that the beloved and dominant crop export …

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  • Agrisoma announces first close on $8M Series A for biofuels technology

    Canadian-based Agrisoma, an agtech company that has commercialized carinata under the brand Resonance Carinata, a non-food oilseed crop designed as a sustainable biofuel plant, today announced the first closing of its Series A financing round, expected to total $8 million through 2014. The funding round was led by Cycle Capital Management and included participation of …

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  • AgReliant Genetics cuts deal with precision ag company, Spensa

    AgReliant Genetics, the third largest corn seed company in the U.S. and Spensa Technologies, a multiplatform agriculture services company have signed an agreement that will help growers integrate innovative and precision planting tools with AgReliant hybrid information to improve overall crop production. “AgReliant Genetics has a strong national reputation for

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  • AgSmarts named semi-finalist to $1M Global Action Challenge

    AgSmarts, dubbed the ‘Google Nest’ for agriculture irrigation, has been named as a semi-finalist to the $1M Global Action Challenge. The $1M prize is a competitive investment opportunity to identify breakthrough prototypes and technologies or early-stage ventures that hold promise for transformative impact on health and food and are scalable business

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  • 640 Labs raises $2.65M for their big-data farming technology

    Some how this one slipped by us, and so in the interest of covering the whole spectrum of agtech deals, we’re covering this belated announcement. Back on July 7, both Built in Chicago and ChicagoInno reported that 640 Labs, a cloud-based platform to collect, store, and analyze agriculture data has raised a $2.65 seed round. Readers of AgFunderNews …

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  • Biomaterials company, NexSteppe raises $22M Series C

    NexSteppe, a company delivering the next generation of sustainable feedstock solutions for the biobased industries, announced today it has raised $22M Series C from Total Energy Ventures (VC arm of Total), Berninghausen family office, and other individual investors join Braemar Energy Ventures, CYM Ventures, DuPont Ventures. NexSteppe is a seed company that develops crops that

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  • Exo raises $1.2M for their Cricket fueled protein bar

    It’s a good day for Insectivores! Exo, a foodtech company developing insects as an alternative protein source, announced the close of a $1.2 million seed round. Investors include Collaborative Fund, Start Garden, and Silicon Valley heavyweight Tim Ferriss, the author of the 4-Hour Work Week (Oh, if only!) and whose prior investments include Twitter, Uber, Alibaba. …

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  • DroneDeploy, smart drone management system, raises $2M

    It’s a big year for VCs funding drone companies! DroneDeploy, a smart drone management platform, announced a $2M seed round led by SoftTech VC with participation from other Silicon Valley heavy hitters including Data Collective, RedPoint, DFJ, and AngelPad. They’ve launched their 4G powered drone control product out of beta, and are available to commercial

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