New Zealand’s agtech sector is in robust health with great deal flow opportunities for international, as well as domestic, investors. But the country lacks a coherent story that articulates our strengths in this space, writes Peter Wren-Hilton.
Solyent, Thymox, Propel, Hectare Agritech, Smart Earth Seeds, Taranis, Abundant, Calysta, Ceres, and Territory have all raised funding in the past two weeks.
Today, Agrihive, a collaborative organization that launched during the worst drought in Australian history, has launched Farmecco, a fintech platform for farmers aimed at improving their financial literacy.
Applications close on May 8, so hurry up and click here to find out more!
Agri-food technology companies raised $42.5m in two weeks from farm-to-fork.
The conversation around foodtech in Israel has now completely changed, according to Amir Zaidman, VP of business development at The Kitchen.
Wasteless is an Israeli startup creating a real-time tracking solution to help fight food waste at the grocery store.
AgShift, an ag data startup helping farms automate their compliance reporting, also closed a pre-seed round. Online office catering service Platterz and pivoted Indian agri-marketing platform Ninjacart also raised funding.
Full Harvest is on a mission to repurpose the 20 billion pounds of produce that are wasted at the farm level each year.
Also in this week's funding sheet, Waycool, a fresh produce distribution service for smallholder farmers in India raised funding from George Soros-backed Aspada Investments.
Roslin Technologies has spun out of the University of Edinburgh and The Royal (Dick) School of Veterinary Studies, to raise £10 million ($12.4m) in funding to commercialize its first products.
A big two-week funding sheet includes a diverse set of food and agtech startups raising funding.
LoveTheWild, the Boulder-based frozen seafood brand that only sources farmed fish, has closed an undisclosed Series A round of funding with Leonardo DiCaprio and seafood-focused venture capital fund Aqua-Spark.
A bumper two weeks of funding saw 14 startups raise $184m across on-farm biotech, biotech, satellite imagery, India, 3D printing, including Instacart's $400m Series D. There was also an ag data acquisition in the UK.
Hazel Technologies is developing technology to increase the shelf life of fruit with packaging inserts.
TL Biolabs, a startup offering $15 genomic tests for beef and dairy cattle, and the software needed to analyze the results, has raised $4 million in seed funding.
A biotech company working on improving the consistency and efficiency of cannabis cloning raised seed funding from an impressive array of investors while an Aussie wholesale surplus food marketplace got the attention of impact investors.
Bowery has built a vertical farming facility in New Jersey that uses automation, machine learning, and vision systems to monitor and tend to its crops.
Pasturebird is using rotational grazing to raise organic and wholesale pastured chicken on 100 acres.
There was a more diverse set of technology startups serving the cannabis market in 2016, although investment levels were similar to 2015.