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.
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 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.