The San Mateo, CA-based operation says it has delivered 15,000 orders in the Bay Area in their first year of operation.
This deal marks the first direct investment into an individual company by the Brazilian fund, which was structured in 2014.
There are a number of key areas of opportunity for agrifood tech startups in Europe as the support and resources available to entrepreneurs increases slowly, write Thomas van den Boezem and Louisa Burwood-Taylor.
Early stage investment in agrifood tech startups reached $4.4 billion in the first half of 2017, posting a 6% year-over-year increase reversing the downward trend of 2016 when agrifood tech investing dropped 17% to $6.9 billion from $8.3 billion in 2015.
The Brooklyn-based indoor farming training program and container farm founded by Kimbal Musk, has raised a $5.4 million seed round led by New York-based VC Collaborative Fund, joined by several individual investors.
The round sees iUNU come out of stealth for the first time since pivoting from a plasma lighting business to greenhouse tech.
3Bar creates yield-boosting biologicals delivered in a unique container that allows the user to activate the microbes just before application, increasing the effectiveness of the product.
According to the founder, Hargol is the only active, commercial-scale grasshopper farm in the world and consumer products customers are clamoring to get this traditional protein source.
The round was led by angel investors and included Brain Robotics Capital, a fund focused on AI, robotics, and IoT.
The Good Kitchen, launched last year as Europe's first accelerator program for social startup businesses tackling food issues, will award low-interest loans to the startups to get their businesses off the ground.
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.