After photographing strawberries, the AgShift app tells the user what the percentage of red is in the photo, which speaks to how much shelf life is left.
Granular and Monsanto have new partners, Y Combinator requests cultured meat proposals and more in this week’s brief.
Chipotle loses a controversial executive, cultured leather comes to New York, TechAccel commits to innovation at UC Davis, and more in this week’s brief.
After completing 20 pilots in one year, Hazel Technologies has raised a $3.26 million Series A round led by food and agtech VC S2G ventures.
Five Seasons Ventures, a new European VC focusing on agrifood tech investments has launched its first fund, announcing a first close on €60 million ($74.3m). Backers include Nestlé, the European Investment Fund, Fondo Italiano d’Investimento, Bpifrance, and selected family offices and entrepreneurs.
A major insect farm purchases a CPG startup, Kraft Heinz gets in the startup incubation game and more in this week’s brief.
2017 was a year of extremes in agrifood tech investing. Large deals pushed the total investment volume up to post an encouraging 29% growth, but deal count fell by 17% to 949, with the most dramatic contraction at the crucial seed stage.
Indoor farming startup Bowery is opening a second farm while chef Dan Barber starts selling seeds and JUST creates a product just for Africa, plus more in our weekly brief.
Benson Hill Biosystems patents CRISPR 3.0 while Tyson Foods looks to accelerators for innovation plus more in our weekly brief.
The AgFunder platform has built a powerful, global network and we’ve had the good fortune to get to know some of the industry’s most successful entrepreneurs from the beginning of their journeys. Going forward, we will be leveraging the AgFunder platform to invest in other bold and exceptional founders who are committed to building the next generation of agrifood tech companies that will transform our food and agriculture system.
North Carolina-based satellite data analytics startup FarmShots has been acquired by Syngenta for an undisclosed amount plus more in our weekly brief.
Both Walmart and Nestle are getting into new technologies while Florida citrus growers get some relief and the cannabis industry gets some M&A, plus more in our weekly brief.
Produce farmers from the Salinas Valley to the Hudson Valley are beginning to make sense of a new set of rules that regulate how they do business.
***VOTING CLOSED*** It’s that time of year again to recognize the innovators and entrepreneurs driving the agrifood tech sector forward with the AgFunder Innovation Awards.
The USDA is shuffling its digital tools to catch up with times while Argentina’s government sends millions toward agrifood startups and more in our weekly brief.
Cargill and other unspecified “food industry giants” joined the round, bringing the cultured meat company’s all time fundraising total to $22 million.
With its irresistible market size and a growing appetite for healthier food options, a fertile ground for global startups is forming for meat alternatives in China.
Bill Gates invests $40 million in livestock health research through a Scottish non-profit, Kroger wants to challenge Amazon with the help of Alibaba, and more in our weekly brief.
Today dairy is our most efficient form of animal protein delivery, but large efficiency improvement opportunities remain and dairy tech can help.
Indoor farm Plenty makes plans in China while startups merge and launch new products in this week’s brief.
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