ZoomAgri lands $6m from GrainCorp and others to expand AI-powered grain inspection system
ZoomAgri will use the new capital to expand availability of its AI-based system for improving varietal and quality detection.
ZoomAgri will use the new capital to expand availability of its AI-based system for improving varietal and quality detection.
Pano AI says the Series A extension highlights the urgent need for more innovations around climate mitigation and adaptation.
Israeli startup ReaGenics is developing plant cell culture techniques to grow everything from saffron to cannabinoids, peyote, resveratrol, and anthocyanins from purple maize.
Omnivore has announced the first close of its third fund, with $150m to pump into India startups aiming to make farming more profitable, resilient, and sustainable.
Cultivated meat startup Omeat has emerged from stealth armed with $40m to fund a novel approach to making meat from animal cells.
BetterBrand—a Los Angeles-based startup making high-protein, ultra-low-carb bagels—has raised a $6 million series A round led by VERSO Capital.
Guardian Agriculture has raised $20m in a series A round to expand its autonomous drone technology to farms across the US and ramp-up manufacturing of its SC1 aircraft.
UK-based Higher Steaks has rebranded as Uncommon and raised $30m in a series A round to scale production of cultivated pork using technology it claims gives it a competitive edge by speeding up the cell differentiation process.
MyForest Foods—a New York-based startup making whole cuts of meat from mushroom mycelium—has raised $15 million in Series A-2 funding and hired Greg Shewchuk as its new CEO.
Agrifoodtech investment in France surged 39% to $1.3 billion in 2022 against the backdrop of a 46% decline in Europe and a 44% slump in global agrifoodtech funding over the same period.
“We’ve got a groundswell of young people who are trained in molecular biology,” says SynBioBeta founder Dr John Cumbers: “They’re not scared of GMOs. But they are scared of the environmental impacts of climate change and the unsustainability of our consumer culture.”
SRC (Small Robot Company) is building survival runway via crowdfunding but says its difficulties are common amongst UK ag robotics startups.
Arado’s digital agribusiness marketplace connecting farmers directly with retailers and restaurants grew 30x in 2022.
The company’s freshly raised Series A funding will go towards expanding the reach of its remotely managed network of modular veritcal farms.
Oatly raised $425m as it “moves towards reaching financial self-sufficiency,” cultivated meat startup Fork & Good opened a pilot plant in New Jersey, and Klimato secured €4.2 million ($4.5 million) to expand its platform to help restaurants report the carbon footprints of their cuisine.
UK’s Hectare nets $20m Series A to strengthen its Software-as-a-Service (SaaS)offering, boost product development and expand into new international markets.
Swedish startup Millow is developing minimally processed products made from oats and mycelium grown in a patent-pending fermentation process it claims uses a fraction of the water and energy used by players such as Quorn.
Future Fields has raised US $11.2 million to scale up fruit flies as production vehicles for high value ingredients including growth factors for cultivated meat production and human recombinant proteins for medical research and biopharmaceuticals.
Source.ag’s AI-based system creates “extreme efficiencies” in greenhouse production and improve food security and transparency, says Astanor.
Data Snapshot is a regular AFN feature in which we analyze food and agriculture technology investment data provided by our parent company, AgFunder. Click here for more
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International Fresh Produce Association launches year 3 of its produce accelerator