Kansas City-based angel investment firm iiM (Innovation in Motion) has invested in a variety of early-stage agrifood tech startup companies covering everything from a bio-based plastic alternative to oral vaccines for livestock and companion animals.
Canadian vertical farming systems developer Inno-3B has completed its first seed round of financing at nearly C$6 million ($4.45m).
Located in Quebec and Ontario, the company provides turnkey vertical farming systems for a variety of customers, from researchers, biotechnologists, and small-scale farmers, to regional and multinational producers.
Tarfin, the Turkish digital platform that enables farmers to access agriculture inputs through instant financing solutions, recently completed a $1.3 million seed round.
Collective Spark Fund, a venture capital fund focusing on early-stage technology startups in fintech, consumer tech, and SaaS, led the round with a co-investment from Wamda Capital, a multistage VC focused on digital disruption.
The startup measures data from beehives -- including temperature, humidity, CO2, sound, and movement data -- and analyzes that data to provide beekeepers with alerts about potential issues that could lead to bee colony losses.
For Provenir CEO and farmer Chris Balazs, bringing an Uber-like service for meat processing to the Australian beef industry would solve many different pain points across the supply chain. It’s also something that’s near and dear to his own struggles.
Maersk has received 850 pitch decks so far this year, according to Peter Jorgensen who says the company’s investment initiative gives it the chance to make a positive difference as a large corporate, not just a provider of funds.
“Delivering a predictable and repeatable safe experience is one of the biggest challenges for cannabis edibles often resulting in consumers having a bad experience from consuming too much THC, according to Trait CEO.
The fledgling startup industry looks different to other global markets with the vast majority of innovation and investment ($1.7 billion) taking place downstream; but China’s agrifood startup scene has something the US market does not.
Ripe.io creates what it calls a "digital bridge" between farmers, distributors, processors, traders, restaurants, grocers, and consumers to record and share data on aspects of food's journey from farm to fork.
Umitron, an Asian startup using satellite imagery, IoT, and automation to increase the efficiency of offshore aquaculture, raised the funding from the Japanese government and a Japanese venture capital firm.