The potential for drones to revolutionize agriculture reached fever pitch in 2015, but there were soon signs that the technology may have been overhyped. Step-in the next generation of drone tech startups hoping to resolve the main painpoints.
St. Patrick’s Day is synonymous with eating corned beef cabbage and drinking green beer, but it also gives us an opportunity to take a look at some of the latest agritech innovations coming out of the Emerald Isle.
ReFED Names Chris Cochran As First Executive Director
ReFED, a collaborative, cross-sector effort of 40 businesses, non-profits, foundations, investors and policymakers committed to reducing food waste in the United States, has named Chris Cochran, Walmart’s senior manager of Corporate Sustainability, as its first executive director, effective in April.
Further M&A activity from large agribusinesses like Jain is essential so we caught up with Observant to find out what pieces of advice the cofounder would give to farm-based agritech startups hoping to turn their businesses into acquirable companies.
Also, John Deere has opened a strategic technology office in the Iowa State University Research Park and Aggrigator launches a Farm to Shelf Marketplace for small farmers to sell direct to restaurants, schools, and grocery stores.
Investment in seafood and aquaculture technology increased 271% compared to the $52 million raised across both 2014 and 2015, but there is still a huge need for technology to bring efficiency and sustainability to the industry.
A meaty industry brief this week includes a lawsuit against larger food companies including Tyson and Perdue, new grant options for food & ag research, India's TIME winner of the year, and a plan to build 100 black soldier fly farms.
The Bill & Melinda Gates Foundation has awarded a three-year, $6.1 million grant to the Donald Danforth Plant Science Center to expand and accelerate the development and deployment of improved varieties of sorghum for smallholder farmers.
President Trump nominated former Georgia Governor Sonny Perdue to head the US Department of Agriculture, while Mastercard launched an East Africa agtech platform, and applications opened for two new accelerators.