“Our networks are so tied in that in that it’s easy for us to go to our corporates and partners and ask them what they are looking for,” says Sprout Accelerator business strategy advisor Stu Bradbury.
“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.
The company's products include the Improved Meat portfolio, that "mimics meat in all cooking methods and forms of distribution," according to the website.
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.
The Madison-based company’s software combines satellite imagery and field data with machine learning algorithms to predict crop yields at the field level.
Some $4 billion worth of farm equipment is sold at auction in the US every year.
The round takes Bear Flag’s total funding efforts to $4.5 million after it took part in the Y Combinator accelerator and raised a pre-seed round in the fall of 2017.
The company’s development, called Actiphage, is aimed at a group of diseases caused by mycobacteria, including bovine TB which has already resulted in the slaughter of over 30,000 cattle in the UK and cost the British taxpayer more than £100m
Chinova Bioworks has discovered a natural preservative for food and beverages using chitosan from mushrooms that can be customized for individual food and beverage companies.
RootWave, a UK agtech startup, has created technology that enables the use of electricity to kill weeds by boiling them inside out from the root up.
Tulaa, a Kenyan fintech startup for smallholder farmers, has raised $627k in seed funding in a round led by AHL Venture Partners, one of the largest impact-focused venture capital firms in Africa.
Midwest-focused venture capital firm Serra Ventures led the round with participation from Innova Ventures and iSelect Fund.
The startup manufactures a plug and play device that scans and analyzes crops as a tractor moves across the field capturing 4K video data of every inch of the field.
AgriSecure provides whole farm and field level budget planning & execution, organic farming expertise including training and coaching, certification and recordkeeping, and help with crop marketing.
Finless is focused on culturing higher-end species of fish like salmon and bluefin tuna and expects to be able to sell their product below market price of $100-$200 per pound for bluefin by the end of 2019.
"I'm a firm believer that you need to address the entire value chain," says Usman Javaid, CEO of Ricult.
Edete is developing a mechanical solution for pollination as an alternative to using bees.
The Yield Lab LATAM will be based in Buenos Aires and will take on six startups in total for the first cohort. Each startup receives up to $100,000 in capital for varying amounts of equity.