For the F&A Next conference at Wageningen University next month, Anterra has selected seven food tech companies to pitch their novel technologies including logistics, gut microbiome testing, flavor analysis, novel milk proteins, and plant-based health products.
While the final size of the Series B has yet to be disclosed -- there are still some more potential investors coming into the round, according to CEO Arturo Elizondo -- sources close to the deal say it was raising $40 million.
Ninjacart, an Indian agritech startup that connects farmers to retailers, has raised Rs625 Cr ($89.5m) from New York-based hedge fund Tiger Global, taking its valuation to $320 million, according to the Economic Times.
It has taken the team of scientists at Ceradis more than a decade to develop a line of earth-friendly agriculture products. Now, with several on the market, the Dutch company has raised €9 million ($10 million) to commercialize a new biofungicide that prevents crop disease.
Cultivian Sandbox Ventures, the most established agrifood tech venture capital firm, has raised $135 million in its third fund. Founded in 2008, the firm was the first to focus entirely on technology startups operating across the food and agriculture value chain.
QualiTrace, a young Ghanaian startup providing a track & trace solution for agrochemical manufacturers and farmers, is trying to fight this battle that stems from the lack of proper government regulation on imports of agrochemicals.
Many Kenyan farms struggle for access to quality farming products like vaccines, fertilizers or diagnostic equipment; the farmers also find it hard to attain or acquire sound veterinary or technical expertise, according to Sidai.
TERRA, a non-equity-based accelerator program, is unique in its approach to acceleration by focusing on startups that are ready to scale their businesses, as opposed to those at the proof of concept stage refining their pitches for seed funding.
Handheld near-infrared spectral imaging devices are giving cocoa farmers and processors a way to set fairer prices in a matter of seconds while also cutting out the middlemen
Singapore-headquartered agrifood business Olam International has partnered with sensor startup Consumer Physics to help improve its cocoa production by capturing data on the exact amount of cocoa within a cocoa bean pod.
Every supplier understands that there is considerable value to be captured by leveraging data and digital tools to get closer to customers and to better meet their needs. But which companies can attain that goal first, and which will be left behind?
Food startup accelerator Food-X has unveiled the next eight startups that will participate in Cohort 9. The startups are innovating across the entire supply chain from novel flavor ingredients to AI-powered, real-time consumer insight technologies.