Postmates, a San Francisco-based logistics company that operates a network of couriers who deliver goods – mostly food — locally, has closed a pre-IPO $100 million funding round led by BlackRock, Glynn Capital and Tiger Global, upping the company’s valuation to approximately $1.85 billion.
Kuli Kuli is a manufacturer and distributor of moringa, a superfood that’s become the fastest growing green supplement in the category, surpassing matcha and catching up to spirulina and wheatgrass.
Omnivore offers a universal point-of-sale connectivity platform that allows hundreds of third-party technologies to integrate seamlessly. It calls itself the "industry standard for POS integration."
Taurus Agricultural Marketing, an ag retailer headquartered in Calgary, has made a substantial financial investment into Ostara Nutrient Recovery Technologies, a wastewater and crop nutrition technology.
A new report from ReFED also revealed that grant funding from foundations reached $134 million in the first three quarters of 2016, increasing 70% over five years.
Milk & Eggs is different to other online grocers because what’s purchased is made-to-order; it’s like it’s providing people with their own personal farmer, according to the CEO.
The company's products include the Improved Meat portfolio, that "mimics meat in all cooking methods and forms of distribution," according to the website.
Some $4 billion worth of farm equipment is sold at auction in the US every year.
The round takes Bear Flag’s total funding efforts to $4.5 million after it took part in the Y Combinator accelerator and raised a pre-seed round in the fall of 2017.
The investment round was led by Viking Global Investors, an American-based hedge fund based in Greenwich, Conn., with participation from Andreessen Horowitz, Upfront Ventures and S2G Ventures.
“The deal had several appeals for us. The driving corporate appeal is it puts Clean Seed into the planter market in the US,” Graeme Lempriere, Clean Seed’s president & CEO, told AgFunderNews.
Seventure Partners and Adisseo's fund will focus on two segments—animal health, feed and nutrition and digital technologies serving the livestock industry, investing at every stage, regardless of geography.
The Kirchner Impact Foundation, the non-profit investment arm of Canadian merchant bank Kirchner Group, is taking its Food Fellowship to Mexico this year.
The Greater Des Moines Partnership and the Cultivation Corridor have launched the Iowa AgriTech Accelerator to promote agriculture innovation in the state.
Hazel Technologies is developing technology to increase the shelf life of fruit with packaging inserts.
TL Biolabs, a startup offering $15 genomic tests for beef and dairy cattle, and the software needed to analyze the results, has raised $4 million in seed funding.
The Northern Irish startup raised the funding from former UK Entrepreneur of the Year.
The Bill & Melinda Gates Foundation has awarded a three-year, $6.1 million grant to the Donald Danforth Plant Science Center to expand and accelerate the development and deployment of improved varieties of sorghum for smallholder farmers.
H-FARM, an Italy-based innovation hub, and IT giant Cisco are taking advantage of this trend by launching a new food tech accelerator.
In recent months, the focus of conversations in the agriculture technology startup scene has moved on from the initial excitement about the potential for technology to transform and disrupt the industry, to the challenges around adoption.