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.
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.
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.