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.
Indigo Ag has taken the next step in its journey to becoming a consolidated farm services platform by launching a grain marketplace.
Cargill has invested in Agriness, a Brazilian farm management software program focused on pig farms with more than 2 million sows in Latin America managed using its platform.
Though Bright Farms' funding hasn't quite caught up to its higher raising counterparts in AeroFarms and Plenty, the greenhouse grower appears to be the closest to being a national brand.
The California-based startup that was forced to withdraw from various cities across the US in 2015 after expanding too quickly, recapitalized in 2016.
The startup has now raised $396 million in debt and equity in total, making it the best funded alternative protein startup to date.
Drone-enabled aerial data and safety platform provider PrecisionHawk has raised a $75 million Series D round from a laundry list of major tech and agriculture players.
President Trump and the Supreme Court weigh in on agriculture issues while startups launch new products in this week's brief.
It was an exciting year in farm technology, to say the least, with several exits and record deals set and then overtaken by even larger deals just weeks or months later. Check out the standout deals of 2017.
The new funding will go toward building out the company’s “Bioworks3” production facility and branching out into more industries beyond the company’s mainstays of agriculture and pharmaceuticals.
Indigo's business model, which it is deploying funds to build out across the US, Argentina, and Australia, is as much a part of its offering as its business model, according to agtech insiders.
Uptake was founded on the idea that most commercial equipment, including tractors, comes outfitted with some sensors, but little use has been made of the data they produce.
The round attracted new, lead investment from two large institutional investors: global asset management firm T. Rowe Price and Singapore state fund Temasek.
US indoor agriculture group AeroFarms has closed a $40 million Series D round.
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.
The round takes the startup's total funding to over $300 million after it raised $156 million last year in Series C and D funding.
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.
Biological pesticide firm Greenlight Biosciences has raised an $18 million Series D round led by led by farmland and agtech fund investor Fall Line Capital.
The raise will support late stage development for several chemical crop enhancement products in the company’s R&D pipeline.
Syngenta Ventures has acquired a minority stake in Premier Crop Systems (PCS), a Des Moines, Iowa based agronomic software tool in a growth equity investment round.