agtech new queen of green agfunder

AgTech is the New Queen of Green

Editors note: Rob Leclerc is the CEO and Melissa Tilney is the Head of Marketing at AgFunder. This article originally appeared in TechCrunch.

 

Before Monsanto acquired Climate Corporation in late 2013 for nearly $1 billion, few investors gave much thought to technological innovation in our agriculture system.

LemnaTec Secures $5.6M From Anterra Capital

LemnaTec which has developed a high-throughput research platform and agricultural analysis software, has received a $5.6 million equity investment from Anterra Capital. This news arrives after a successful financing round led by DEWB, the German private equity firm.

Farmers Edge Acquires GranDuke Geomatics

Taking a page out of Climate Corporation’s playbook, Farmers Edge acquired GranDuke Geomatics of Lethbridge, Alberta. According to an agreement finalized on January 9, the precision agriculture and data management company out of Winnipeg, Manitoba will now control GranDuke.

Finistere Opens $150M Agtech Fund

California-based Finistere Ventures announced that it opened a new agtech fund targeting $150M, in collaboration with Bayer Cropscience, AVAC and other partners. The Finistere II Fund will focus on identifying early-to-growth stage companies, focused on new technology solutions in sustainability, food productivity, and nutrition.

3D Robotics Raises $50M for Drone Expansion

On the heels of the Federal Aviation Administration’s recently proposed regulations on unmanned aerial vehicles (UAVs), California-based 3D Robotics successfully raised $50 million Wednesday led by Qualcomm Ventures. This round of funding is the largest yet by a U.S.

Flow Hive

Crowdfunding campaign raised $2M in 24 hours for Honey on Tap

Move over drones and Oculus Rift. There’s a new technology disrupting … the beekeeping industry. Flow Hive, with its patented beehive design, has raised $2M on the crowdfunding site Indiegogo since its campaign launched less than 24 hours ago.

AgriMetis Closes $7.3M Series A

AgriMetis, a biotech company developing crop protection agents, closed a $7.3m Series A led by Syngenta Ventures and Acidophil. Lutherville-based Agrimetis, which was co-founded in 2014 by Acidophil, is taking a new approach to keeping pests at bay on the farm.

Snoop Dogg to Raise Fund

Snoop Dogg to Raise $25m Fund for Cannabis Tech

Add Snoop Dogg to the growing list of investors entering the pot industry.

According to TechCrunch, Snoop plans to raise a $25 million fund to invest in tech companies related to the marijuana industry.

Village Capital’s AgTech Accelerator Announces Batch 2 Winners

Village Capital just wrapped up demo day for Batch 2 of their Agtech accelerator program (Ag Global Program), and have announced the the peer-selected recipients for $100,000 in funding. Village Capital’s funding model is unique in that at the end of the program, the participating companies select which two companies amongst their peers will receive $50,000 each in funding from Village Capital’s investment fund.