Arvegenix, an ag biotech company creating genetically improved field pennycress for oil, raised a $2.4 million venture round with a long list of investors, including some agtech-focused funders like agtech accelerator The Yield Lab, Cultivian Capital, and Monsanto Growth Ventures. Other investors included: Michael Roth, St. Louis County Port Authority, Prelude Ventures, Prolog Ventures, Missouri Technology Corporation, BioGenerator, and St. Louis Arch Angels.
Picnic, an Amsterdam-based online supermarket, closed a $108.51 million Series B led by SHV Holdings’ private equity arm NPM Capital with participation from Hoyberg, Finci, and Dutch private equity firm De Hoge Dennen Capital.
Hexafly, an Irish insect protein biotech company, completed a $1.07 venture round with an undisclosed group of investors, according to CrunchBase.
AgFunder Co-Investment Fund III is now open for investment. Closing June 15, Spots are limited.
Licious, an Indian on-demand market for meat and fish, raised $10 million in a Series B round led by early-stage India-based venture fund 3one4 Capital and multi-stage and multi-sector investors Mayfield Capital. Other investors in the round included Seoul-based Neoplux and Sistema Asia Fund, which is a venture capital fund of Russian conglomerate Sistema.
New Leaf, a company that commercializes bacteria for sustainable agriculture products, completed a $3.55 million debt financing round, according to CrunchBase.
FarmLead, an online grain marketplace, closed a $6.5 million Series A with Serra Ventures, MaRS Investment Accelerator Fund, Avrio Capital, Monsanto Growth Ventures (MGV). Read more about the new funding and FarmLead’s model in our recent interview with company CEO Brennan Turner.
Cool Planet, a biofuel-turned-biological ag products company, raised a $19.3 million venture round with North Bridge Venture Partners, Agustín Coppel. We recently spoke with company CEO Jim Loar about the funding and the company’s plans to commercialize its engineered biochar product. Read more here.
Arable, the ag sensor and analytics startups, completed a $4.25 million Series A co-lead by Middleland Capital and S2G Ventures. Cantos Ventures, Chasefield Capital, and Spark Labs also participated in the round. We recently chatted with Middleland Capital partner Brian Mixer and S2G’s Sanjeev Krishnan about Arable’s sensor and the company’s plans.
Benson Hill Biosystems, a plant biology, big data analytics, and cloud computing company, raised a $25 million Series B with a long list of investors. The round was led by new agtech fund Lewis & Clark Ventures, and existing investor Prelude Ventures. Learn more about how Benson Hill Biosystems plans to use the funding and find out who the other investors are in our recent exclusive interview with company CEO Matt Crisp.
Snap Kitchen, a web-enabled healthy meal service available for pick-up or meal planning, completed a $2 million venture round with and an undisclosed group of investors.
Inocucor Technologies, a sustainable biologics company innovating for the phyto-microbiome industry, raised a $38.8 million Series B led by TPG Alternative and Renewable Technologies with participation from Quebec-based Cycle Capital Management, Canadian multi-sector investors Desjardins Innovatech, and agtech-focused Pennsylvania-based funders Closed Loop Capital. Read more here.