Future Meat Technologies, an Israeli startup manufacturing meat from animal cells in a laboratory, has raised $2.2 million in seed funding, in a round led by Tyson Ventures, the venture arm of the meat giant.
“When indoor growers go to an insurance broker, they either don’t know what category they should be in or the insurer is unable to meet their needs,” says Nicola Kerslake, founder of Contain Inc.
Flying drones BVLOS will enable agricultural operations to capture all of their fields in one go, increasing the efficiency of the technology, according to Thomas Haun, VP Agriculture Solutions at PrecisionHawk.
VanderSat, which joins a growing number of remote sensing startups targeting the agriculture sector, is taking a different approach to others, namely in its use of microwave sensors.
No longer distracted by consolidation large strategic players will have more time, and money, to pursue exits in 2018, according to some industry insiders.
The prevalence of small farms on the African continent has meant growth in crop yields far lags other parts of the developed and developing worlds and means many of these new high tech tools are irrelevant to the African agricultural market.
Our evergrowing global subscriber base of agrifood tech entrepreneurs, venture capital investors, agrifood corporates, governments, and enthusiasts means that we have an incredible amount of expertise in our 45,000-strong network.
Twenty Seventeen has been quite the year for the agrifood technology startup scene, with some of the largest-ever funding announcements on record. And we’ve been pretty busy at AgFunderNews too, nearly doubling our member and subscriber base to 55,000 and posting over 450 original articles.
In today’s episode, we speak to Matt Barnard, CEO of indoor vertical farming company Plenty about his record-breaking $200 funding round and his plans for growing a global farming business with highly localized customers.
Indigo’s business model, which it is deploying funds to build out across the US, Argentina, and Australia, is as much a part of its offering as its business model, according to agtech insiders.
We caught up with Gabriel Wilmoth to find out more about his new role and to get some of his key takeaways from his time as an agtech investor.
The round attracted new, lead investment from two large institutional investors: global asset management firm T. Rowe Price and Singapore state fund Temasek.
McEnroe Farm is a 1,200-acre organic farm in the Hudson Valley of New York state. We spoke to organic farmer Erich McEnroe about the challenges his farm faces and how he views new technology.
“I think CRISPR and other gene editing tools mark a real turning point in the conversation,” Sam Kass, partner at Acre Venture Partners and former senior policy advisor for nutrition in the White House, told the audience of the Food Loves Tech.
Operationally, the agrifood tech venture industry has some catching up to do with other startup industries such as healthcare and software, according to Aaron Rudberg, S2G’s new COO.
US Secretary of Agriculture Sonny Perdue announced plans to withdraw Obama-era revisions to biotechnology regulations involving genetic modification and editing plus more in our weekly industry brief.
Some key changes at IKEA in the wake of a deep dive into their supply chain include introducing the veggie meatball as well as taking Coca-Cola and Pepsi products off the menu.
Agtech entrepreneurs may not have the sharpest, most polished pitches, but you can be sure that they’re not over-hyping their businesses, according to Frank Meehan, cofounder and partner of SparkLabs Global Ventures and Asia’s leading startup accelerator program.
The USDA’s National Organics Standards Board (NOSB) has ruled that hydroponic, but not aeroponic, farms can continue to be certified organic in an 8-7 vote that has divided the indoor and outdoor farming communities.
TIPA, which has won awards for its packaging, compares its product to orange peel: in comparison to regular plastic that will last for hundreds of years, it will decompose within just 180 days in compost conditions.
