celebrities investing in food and agriculture technology

Agtech Funding Sheet: Leonardo DiCaprio Invests in LoveTheWild, ProducePay Raises $7m Series A, more

LoveTheWild, the Boulder-based frozen seafood brand that only sources farmed fish, has closed an undisclosed Series A round of funding with Leonardo DiCaprio and seafood-focused venture capital fund Aqua-Spark. The fund invested $2.5 million, but it’s unclear how much Hollywood actor DiCaprio invested. This is not DiCaprio’s first food and agtech investment; he invested in waste tech startup Rubicon and Runa, an energy drink supporting indigenous farmers and reforestation in the Amazon.

ProducePay, the online platform that connects farmers directly with distributors and pays them for their produce the day after it’s shipped through a lending platform, raised $7 in Series A funding. CoVenture led the round and arranged a $70 million debt facility for the startup too. Other investors were Menlo Ventures, Arena Ventures, CoVenture, Red Bear Angels and Social Leverage. Find out more on TechCrunch.

Chowbotics, a food service robotics startups, has raised a $5 million Series A to develop a salad-making robot called Sally. Techstars Ventures, Foundry Group, Galvanize Ventures and the Geekdom Fund all joined the round. Find out more here.

AgroSavfe, a Belgian agro-biotech company that is developing a new generation of biopesticides, increased its Series B financing round to $11.6 million. The bulk of the additional investment was provided by the Paris-based venture capital firm Sofinnova Partners. Find out more about how the technology is using llamas (yes llamas) to create “Agribodies” here.

Snackexperts, an Indian healthy snack startup, raised seed funding round from a group of high net worth individuals for its snack delivery service.

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