Leading British politicians and AgriTech industry representatives met in the House of Commons in London this week to focus attention on the development of a £500 million ($650 million) AgriTech Cluster, to be located on the edge of the university town of Cambridge, in the UK.
A new deep-water approach to hydroponics has earned Welsh agtech startup, Phytoponics, $650,000 of seed funding support over the last two years.
The company’s development, called Actiphage, is aimed at a group of diseases caused by mycobacteria, including bovine TB which has already resulted in the slaughter of over 30,000 cattle in the UK and cost the British taxpayer more than £100m
The new fund attracted investment from major players in the agricultural sector.
Described as a ‘game changer’ InspiraFarms' technology consists of modular cold storage and food processing units, which run on off-grid renewable energy and aim to increase farm incomes by 40%.
Britain’s Agriculture and Horticulture Development Board (AHDB) is committing £5m ($6.9m) to fund the country’s farm sector PhD students in an effort to overhaul the UK industry’s “fragmented” innovation and skills pipeline.
As England’s only officially designated ‘Less Developed Region’, the area has received grant support from the European Regional Development Fund (ERDF) and a range of local and national development partners.
Located at Harper Adams University, the Agri-EPI Centre is the first of four agritech innovation centers under the UK's agritech strategy that are being jointly funded by the ag industry and the government.
The company says its technology is transforming poultry production by turning a cost center -- dealing with waste manure -- into a source of fuel, thereby driving farm profitability through reduced energy bills.
The startup spun out of Vlaams Instituut voor Biotechnologie (VIB), the life sciences research institute founded by the Flemish Government in 1995, and raised all the funding from local Belgian investors.
The Good Kitchen, launched last year as Europe's first accelerator program for social startup businesses tackling food issues, will award low-interest loans to the startups to get their businesses off the ground.
DAF is backed by the Danish government and the Investment Fund for Developing Countries (IFU), in collaboration with two of Denmark’s largest pension funds, PensionDanmark and PKA.
The new fund, which will focus on mid-market investment opportunities in sustainable food processing and production companies, is targeting a $500m final close in 2018.
The financing will enable the business to achieve commercial scale manufacturing of its FeedKind protein, which is an alternative feed ingredient for fish, livestock and pet nutritional products.
A study of 946 farms in France has shown that pesticide use can be significantly reduced without lowering yields or profitability.
The search is on for a sustainable alternative to the 30 million tons of wild caught fish that are currently used to feed farmed fish.
Joško Bobanović, partner at VC Sofinnova Partners, discusses the nuances of investing in industrial biotech, the impact of Brexit, and the challenges some biotech companies face in finding financing.
The Quebec-based company that's developing and selling Carinata seed, raised the funding to support the company’s global expansion.
Investors want to know that the rules around bio-based projects aren't going to change on them, and that's where today’s governments have a significant role to play, according to speakers at the World Bio Markets (WBM) conference.
If you’re a budding innovator, you won’t succeed in commercializing your idea without a great management team in place, irrespective of how good your original idea may be, argues Adam Anders from Anterra Capital.