The 7 biggest farm robotics deals of 2024 so far
July 24, 2024
A list of the top seven farm robotics deals so far in 2024, with a bonus look at the most interesting seed stage investments.
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Category: AgTech
Exclusive: Agrobiomics lands $4.3m from NOON Ventures to tackle soil salinity and make plants climate resilient with biostimulants
July 23, 2024
Agrobiomics says its biostimulant product can boost plant resilience to abiotic stressors like drought and salinity.
Brief: Monarch Tractor bags record $133m, eyes global expansion for its all-electric, autonomous machines
July 22, 2024
Funding will go towards developing new AI capabilities as well as expanding the Monarch Tractor brand in the US and globally.
Schmidt Sciences investing millions into biomass projects that can replace fossil fuel feedstocks
July 22, 2024
Eric and Wendy Schmidt’s nonprofit just announced $47.3 million in funding for five US-based teams converting biomass into useful products.
BREAKING: ADM targets 5m acres of regenerative farmland by 2025: ‘Farmer feedback has been really positive’
July 22, 2024
ADM has transitioned more than 2.8 million of its acres to regen ag, according to its newly released progress report.
Australia’s IIF wants to build a farm on everyone’s smartphone and de-risk agriculture in the process
July 19, 2024
IIF founder Nathan MacPheeon how his company’s investment platform for farm assets lowers risks for farmers and gets them paid faster.
The Week in AgriFoodTech: Biotech co Digestiva closes $18m round, Syntetica bags $4.5m for nylon recycling
July 18, 2024
Meanwhile, Voyage Foods enters the bean-less coffee space and alt-protein startup Mycorena files for bankruptcy.
Benefits of regen ag still unclear, says EIT: ‘Consumers do not pay attention to soil health when buying food’
July 17, 2024
Specific benefits to the end product are far more relatable than technical or environmental points.
Ag drone distributors form coalition to fight moves to block DJI drones in US market
July 16, 2024
Ag spray drone distributors have formed a coalition to urge lawmakers to reconsider plans to restrict the US activities of Chinese drone maker DJI Technologies and say alternative approaches could address potential security concerns.
Guest article: AI can transform precision agriculture, but what are the legal risks?
July 15, 2024
Precision agriculture and AI have the potential to transform farming. But legal risks around data privacy and bias need to be carefully navigated, argue Dr. Siegmar Pohl and Jordan Glassman at law firm Kilpatrick.
Mitti Labs raises $3m seed round to tackle methane emissions in rice farming
July 15, 2024
The first batch of carbon credits generated from methane reduction initiatives Mitti Labs is working on with Indian rice farmers should be issued in the summer of 2025.
The Week in AgriFoodTech: $3.6bn for Flagship Pioneering, $379m for Kembara, $10m for Cartken’s delivery bots
July 11, 2024
Plus… Nestlé enters ‘blended meat’ space, Ahimsa acquires Good Catch alt-seafood production facility from Gathered Foods, and study probes ‘unexplored’ subsoil.
Ray of hope for farmers using DJI ag spray drones following release of Senate version of defense spending bill
July 10, 2024
The House version of the 2025 defense spending bill includes provisions targeting Chinese firm DJI, the market leader in ag spray drones in the US. The Senate version does not. So what happens next?
Bovaer is ‘creating a self-sustaining carbon inset market for American agriculture’ says Elanco
July 8, 2024
The best-known feed additive for reducing enteric methane emissions, Bovaer has just secured the regulatory green light for use in dairy cattle in the US. But who will pay for it, and what will drive widespread adoption?
ByBug: Black soldier flies can deliver cheaper, more scalable recombinant protein production
July 8, 2024
Producing high-value proteins from genetically engineered black soldier flies is cheaper and more scalable than expressing them in engineered microbes via precision fermentation, claims Chilean startup ByBug.
Scoutlabs unpacks the process of digitizing pest management and ‘the changing buyer’ in agtech
July 5, 2024
Hungary- and London-based Scoutlabs is betting on a direct-to-grower distribution model for its digital trap management system.
The Week in AgriFoodTech: eGrocer Rohlik raises $170m, eAgronom bags new capital for carbon
July 4, 2024
Plus: Tyson’s backpedaling on its beef pledge and another biomaterials startup makes a splash.
Agrifoodtech funding drops 12.5% YoY in H1 2024
July 3, 2024
“We need to be very careful about what we invest in unless we want to carry it,” says AgFunder about just released H1 2024 data.
Mineral winds down: ‘We will no longer be an Alphabet company; but our technology will live on…’
July 3, 2024
Google’s parent company Alphabet is winding down operations at AI-fueled ag intelligence startup Mineral, just over a year after it emerged from stealth, although it is licensing some of its tech to partners such as Driscoll’s.
‘The pressure is on’ as ag biologicals evolve past ‘the peak of inflated expectations’
July 2, 2024
The 2024 Salinas Biological Summit unpacked the many ways in which the ag biologicals industry is adapting to a changing environment.
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