After the agriculture technology (AgTech) sector raised a total of $2.36 billion in 2014, the big question was whether or not the sector would continue to pick up momentum in 2015.
Editors Note: AgFunder recently sat down with Mark Kahn, founding partner of Omnivore Partners, a VC firm investing in early stage agriculture and food technology companies in India. Mark will be a panelist on Making the Case for AgTech in the Portfolio at the Global AgInvesting (GAI) conference in NYC April 27-30.
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.
Ecozen, which makes solar-powered cold storage and irrigation products for farmers, announced today that the company had raised a $1m Series A from Omnivore Partners. The company will use the funds to expand production capacity and expand its market research.
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.
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.
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.
