M&A activity was concentrated in the US, which hosted over half of all deals – with Europe and Asia Pacific accounting for 19% and 11% respectively.
The impact investor aims to prove the commercial “climate resilience” opportunity in African agtech ventures like Kenya’s SunCulture and Nigeria’s Tomato Jos.
Jeremy Williams is a panellist at the AgTech NEXT conference on 6 October, where he’ll be speaking about geospatial imaging’s role in ag.
Spiber is valued at $1.22 billion following this latest round – while SpotOn hit a post-money valuation of $3.15 billion, according to reports.
“At Careem, we were barely scratching the surface. From tax filing [to] transportation, we realized no-one had tried to solve the problems of the retail industry.”
Meat for human and animal consumption is responsible for 57% of food production’s emissions – with beef alone making up 25%.
Andes has developed a seed treatment that enhances crops’ nitrogen-fixing capabilities, reducing reliance on synthetic fertilizers. It’s eyeing carbon next.
The Raleigh, North Carolina-based startup captures and screens microbes found in the natural world to identify apt candidates for pest control and crop protection.
The Dutch government may consider farm expropriation, among other measures, in an effort to reduce nitrogen emissions.
The Dutch company claims that a quarter-teaspoon of Bovaer administered per cow, per day can reduce enteric methane emissions by up to 90%.
Marine bioproducts derived from resources like algae could add $3 billion to the Australian economy by 2035 – while also building a more resilient food system.
While mega-deals involving seven Chinese e-Grocery startups accounted for $3.8 billion of H1’s figure, funding to other countries is still on track to outpace 2020 levels, according to the latest data from AgFunder.
Don’t forget to register for the GROW Impact Accelerator’s virtual Demo Day taking place next week.
In other news, Carbon Robotics, Plantible, and Olio raised big rounds.
The Jakarta-based startup is relying on micro-fulfillment, refrigeration, and last-mile, ‘in-time’ delivery – as well as its 1,000-plus farmer partners – to do it.
It’s “an instrumental step in upscaling the European insect sector,” according to industry group IPIFF.
The US tech giant claims the scheme will restore 20,000 hectares of forest within three years and remove 10 million tons of carbon from the atmosphere by 2050.
They’re hoping the insights they derive will revolutionize outdoor production, too.
The US tech giant also said it’s building “robust temperature-controlled supply chain infrastructure” to preserve food quality and reduce waste.
The deal originated when FarmlandFinder CEO Steven Brockshus sent a message to the real estate company CEO on LinkedIn looking for guidance on growth.
He says it’s not about climate. So why is Bill Gates investing in farmland?