Agtech companies offering IoT products to farmers have only scratched the surface of a market worth $4 billion in the US, which could be down to a lack of awareness and understanding of what’s available to them, according to a new report.
These provisions include funding for a new USDA pilot project that will incentivize farmers, through payments, to adopt agricultural practices aimed at improving soil health and sequestering organic soil carbon.
Phytelligence, a micropropagation business, and food assistance app developer Propel are both in disputes with industry players about the rollout of their technologies that could impact their success to the detriment of the industries they serve.
A new food index has labeled 36 meat and fish suppliers as "high risk" for public market investors because they fail to manage critical business risks such as greenhouse gas emissions and antibiotics risk.
Management teams in plant genetics companies have likely been asked by at least one well-intending board member: “Are we using CRISPR? I sat next to this guy on the plane and he said that CRISPR will change everything," writes Vonnie Estes.
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Flying drones BVLOS will enable agricultural operations to capture all of their fields in one go, increasing the efficiency of the technology, according to Thomas Haun, VP Agriculture Solutions at PrecisionHawk.
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.
Britain’s Agriculture and Horticulture Development Board (AHDB) is committing £5m ($6.9m) to fund the country’s farm sector PhD students in an effort to overhaul the UK industry’s “fragmented” innovation and skills pipeline.