MimosaTEK, a Vietnamese agtech startup providing data, decision support, and remote control capabilities through sensors and a cloud platform, recently won the Vietnamese round of Seedstars World competition.
The Bangalore company has achieved unicorn status after building out its online service across India and making acquisitions in the sector.
India's growing class of passionate and young entrepreneurs holds promise for the development of the country's agriculture sector, which supports nearly two-thirds of the population, writes Raghavan Sampathkumar, founder of SMARTAgBiz.
E-commerce giant JD.com announced that it led a $70 million Series C funding in FruitDay, a Chinese-based online retailer providing a wide variety of fresh fruits and vegetables. Part of this figure includes participation from prior investors ClearVue and Susquehanna International Group.
The New Mexico State Investment Council has made an unprecedented change in its investment strategy. For the first time, the Council is investing in Brazilian agriculture through Brookfield Asset Management’s Brazil Agriculture Fund II vehicle.
Quebec City based company, XpertSea, announced $1.3 million in seed funding from Real Ventures, a Canadian seed stage venture fund. The company provides inventory management solutions for aquaculture producers, specifically through its product, XperCount, a mechanism that can count tiny aquatic organisms in a fraction of the time it traditionally takes.
As the general public grows more health conscious, Fiberstar is developing clean label alternative ingredients to satisfy demands.
Editors Note: AgFunder recently sat down with Mark Kahn, founding partner of Omnivore Partners, a VC firm investing in early stage agriculture and food technology companies in India. Mark will be a panelist on Making the Case for AgTech in the Portfolio at the Global AgInvesting (GAI) conference in NYC April 27-30.
San Francisco based Planet Labs closed $118 million in Series C financing with $23M coming in at the end of the round from the International Finance Corporation. (We covered the first close in January.) This latest round exceeds the $93 million dollar goal set by the company which builds “off-the-shelf” electronics that are placed into satellites used to map the globe.
Big up for city farming! UrbanFarmers, a Zurich based company providing farming solutions for urban areas, announced the successful completion of a 2.1m Series A round on March 31. The company says its as a ‘global pioneer’ in Aquaponic Rooftop farming — yes, that’s what it sounds like, fish, in a vegetable garden… on a roof!
Ecozen, which makes solar-powered cold storage and irrigation products for farmers, announced today that the company had raised a $1m Series A from Omnivore Partners. The company will use the funds to expand production capacity and expand its market research.
Long known as the “start-up nation,” the country is now emerging as a global pioneer in the agriculture technology sector.
Carana Agribusiness, an aquaculture and agriculture development company, finally puts strategies into practice in the fertile, yet vastly untapped, country.
The West Sacramento-based company collects unsold fresh food from supermarkets and recycles it into a low-cost, nutritious liquid fertilizer for crops.
BioGenerator, a St. Louis based, privately funded, non-profit investment organization whose express focus is on startups and entrepreneurs in the AgTech sector, has made a $200,000 seed investment in Apse, the company announced March 3.
Despite current regulations keeping drones grounded, $86 million was invested into the burgeoning UAV industry last year.
India-based Villgro Innovation which has developed a rural distribution model for agriculture and dairy produces has raised $3.4 million from Startup Education and the Michael and Susan Dell Foundation. According to the company website, Villgro has reached to 6,000 farming households in India and has improved farm Income by 20-30%.