Gates-Backed Ricult Raises $1.85m to Improve Smallholder Farmer Profitability with Digital Tech Platform
June 19, 2018
“I’m a firm believer that you need to address the entire value chain,” says Usman Javaid, CEO of Ricult.
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Louisa Burwood-Taylor
Louisa is editor of AgFunderNews, with a background in foodtech, agriculture and financial journalism. Please get in touch at [email protected] or follow her on twitter @iamlbt.
The Yield Lab Launches LatAm Accelerator, Invests in 3 Agtech Startups
June 18, 2018
The Yield Lab LATAM will be based in Buenos Aires and will take on six startups in total for the first cohort. Each startup receives up to $100,000 in capital for varying amounts of equity.
Japan’s Indoor Ag Sector is Becoming More Collaborative
June 14, 2018
We caught up with Eri Hayashi, director of International Relations & Consulting of the Japan Plant Factory Association (JPFA), a non-profit organization devoted to academic and business advancements in Japan’s indoor ag industry.
Indigo Ag Makes Bid to Become Agtech Marketplace, Launches Ag Data Platform
June 13, 2018
“Indigo could be a future marketplace for sustainable and biological ag inputs, which could impact my portfolio in a positive way,” said one agrifood tech VC.
Ava Technologies Raises $2m Seed Funding for Smart Indoor Gardens
June 8, 2018
AVA is one of a small number of consumer tech-enabled grow systems on the market, which collectively raised just over $4 million in funding in 2017, according to AgFunder data.
AgriProtein Raises $105m for Insect Farms
June 4, 2018
AgriProtein is constructing insect factories across the Middle East, Asia and South Africa that use municipal waste as feedstock.
Why Tyson Ventures is Investing in Sustainability and the Internet of Food
June 4, 2018
Tom Mastrobuoni, CFO of Tyson Ventures, speaks in-depth about the company’s targeted investment areas and the rationale for investing in Beyond Meat, Memphis Meat, Future Meat, Tovala and FoodLoqiQ.
Gates Foundation Invests in Dairy Tech Stellapps $14m Series B, First in India
May 31, 2018
This is the first equity investment by the Gates Foundation in India, highlighting the importance of modernizing India’s dairy sector, according to Mark Kahn, partner of Omnivore.
New Food Index Reveals ‘High Risk’ Meat & Fish Stocks Worth $152bn inc McDonalds, KFC Suppliers
May 30, 2018
A new food index has labeled 36 meat and fish suppliers as “high risk” for public market investors because they fail to manage critical business risks such as greenhouse gas emissions and antibiotics risk.
10 AgriFood Tech Startups from 10 Countries Selected to Join FoodTrack by Maersk
May 30, 2018
From a total 310 applications, of which they evaluated 188, startups from 10 different countries operating across the food chain were selected to join the program next month.
Connecterra raises $4.9m Series A funding for AI-powered dairy tech
May 24, 2018
The round was led by Russian venture capital firm Sistema VC with new investment from online venture capital platform AgFunder, UK VC 7percent Ventures, early-stage tech VC Acequia Capital, and industry veteran Henk Bles.
Algaia Raises €4m to Expand Algae Product Portfolio and Extraction Technology
May 22, 2018
Algaia is a French company manufacturing algae-based products for the agriculture feed, personal care & nutraceutical industries.
Taranis Acquires Aerial Imagery Platform Mavrx
May 17, 2018
It is understood that Mavrx ran into some financial and operational difficulty in recent months and was not able to service its clients for the upcoming growing season despite providing a popular product with a 90% customer renewal rate.
BIGH Raises €4.3m for Largest Urban Rooftop Farm in Europe
May 16, 2018
BIGH (Building Integrated Greenhouses), a startup based in Brussels, Belgium, has opened its first aquaponic farm on a site spanning 4,000 meters squared above a food hall in the center of the city.
Good Eggs Raises $50m as Benchmark Leads Round Impressed by ‘Operational Discipline’
May 15, 2018
The California-based startup that was forced to withdraw from various cities across the US in 2015 after expanding too quickly, recapitalized in 2016.
This Week’s Headlines in AgriFood: E Coli Outbreak, Farm Bill, S2G, Gotham Greens, TerrAvion, Asia Startup Award, more
May 10, 2018
The AgriFood News Aggregator features headlines from around the globe collected on AgFunder’s news sharing platform #feedit each week. Have news to share? Post it here and engage, share, and debate with your peers.
Bushel Raises $7m for Farm Relationship Management Tool
May 10, 2018
The Bushel mobile app platform integrates into grain elevators’ accounting systems to provide growers access to their contracts, scale tickets, prepays, cash bids, and markets.
Rootility Raises $10m Series C Led by ADM Capital
May 9, 2018
ADM’s Cibus Fund was joined by existing investors GreenSoil Investments, the Israeli agrifood tech fund, and Middleland Capital, the family office-backed agrifood tech VC.
UPDATED: Court Dismisses Claims Against Ag Data Startup Farmobile by Farmers Edge
May 8, 2018
Farmers Edge had alleged that Farmobile co-founders Jason Tatge, Heath Gerlock and Randy Nuss, had misappropriated purportedly proprietary information in the development of farm data-collection and standardization technologies.
The AgriFood News Aggregator: Soft Robotics, Nutreco, Wilbur-Ellis, Walmart, Funding Opps, Climate Corp, more
May 3, 2018
The AgriFood News Aggregator features headlines from around the globe collected on AgFunder’s news sharing platform #feedit each week. Have news to share? Post it on #feedit to engage, share, and debate with your peers.
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