The Week in AgriFoodTech: India’s Jumbotail nets $18m, new investment plans for Corteva, Mondelēz & others
Plus, meet the Internet of the Forest.
Plus, meet the Internet of the Forest.
Time to hunker down, startups.
Early commitments to the fund include The Rockefeller Foundation, Builders Vision, and the Schmidt Family Foundation.
Pivot Bio said it has paid $6 million to growers participating in the company’s N-OVATOR program that rewards farmers for using nitrogen management practices.
Plus: Impossible Foods unveils a “meatier” new look to attract more carnivorous customers.
“Through a strategic restructuring we parted ways with some former team members,” says the Ohio-based firm.
As farm production costs increase, more farmers look to alternative financing options to pay for inputs, equipment and other needs.
Cutting methane emissions on dairy farms can require significant upfront investment, but who will provide the capital? Danone VP Chris Adamo weighs in…
There’s no way to sugarcoat this: investment in agrifoodtech startups is at its lowest point in six years. But considering the contribution of the agrifood sector to the global economy and livelihoods, has the correction gone too far?
Innovators ready to scale up climate-smart technologies for the produce industry are encouraged to apply.
Agrifoodtech startup investment has hit its lowest point in six years as a result of fewer and smaller deals.
Fresh off a fundraise, Denmark-based NitroVolt CEO and cofounder discusses the path from PhD student to CEO of a climate tech startup.
Plus: Plant-based “NotDogs” from Oscar Mayer and NotCo, John Deere’s “right to repair” case drags on, new meat labeling beef in Iowa.
Bayer CEO Bill Anderson called the ongoing litigation “a huge burden” on company financials during a recent investor call.
Indiana’s Producer Led Innovation Challenge tackles the challenge of making farmers more productive in the face of economic headwinds.
Cibus announced a $510 million close of Cibus Fund II and a $135 million close of its Cibus Enterprise Fund II.
According to one industry source, Gro received “some money with a lot of conditions.”
“In the first six years, we had more failures than successes,” says insect ag pioneer Kees Aarts.
Meanwhile, France bans the meat from plant-based meat labeling, the US aims for more wind-powered farms.
Farmers aged 18-60 may represent a much larger share of the agricultural market in 10-plus years, says grain-trading platform Bushel.