Agtech Funding Sheet: HelloFresh Raises $88m Series G, Algrn Bio Raises Seed Round for Hypoallergenic Peanuts, more

December 22, 2016

Farmers Edge, the precision ag company, raised a new round of capital with Fairfax Financial, the investment company of Canadian billionaire Prem Watsa. The funding provided an exit for Kleiner Perkins Caufield & Byers, which invested in the company in November 2014. It was also a partial exit for Avrio Ventures. Read more about the big deal in our recent article.

Yagro, a UK online platform connecting farmers with suppliers, raised a $500k in seed funding. To learn more about the UK-based startup and how its platform is alleviating pain points for farmers, check out our recent article.

HelloFresh, the online meal kit delivery company, has raised $88.54 million in Series G funding led by existing investor Baillie Gifford. An undisclosed investor also participated in the round.

Algrn Bio, a food bioprocessing company creating hypoallergenic peanuts, has raised nearly $1 million in seed funding, according to a SEC filing. The proceeds will be used for working capital but details about investors were not disclosed.

Bighaat, an online Indian seed retailer, has raised an undisclosed round from early-stage ag-focused VC Ankur Capital. Based in Bangalore, the company is hoping to create greater transparency in the agriculture inputs market.

Invest with Impact. Click here.

Foodstock Farmers Market, a Nigerian e-grocer, has raised a $9.46 million Series A. The company offers wholesale and retail options and provides a lowest-price guarantee.

E-Vegetailing, an online Indian farm-to-consumer retailer, raised $161k in seed funding from a product development firm Aspire Systems, and angel investing network The Chennai Angels, according to The Times of India.

Share on email
Share on twitter
Share on facebook
Share on linkedin
Share on reddit
Share on whatsapp
Share on skype

AgFunder Weekly Newsletter

Get the latest news in your inbox. Weekly.

Follow us:


Sponsored Content

Frankly Speaking


Editor's Pick

Research & Data

Investor Insight

Tailgate Talk


Sign up for AgFunderNews

Get the latest news and views on global food and agriculture technology startups and the investors behind them. Delivered to your inbox weekly.