Southeast Asia should fund sustainable ag over ‘silver bullets’ to meet climate targets
June 9, 2022
“Countries are betting heavily on emerging solutions – which is another way of saying silver bullets.”
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Category: Investing
REPORT: Shaky e-Grocery dominates $9bn in European AgriFoodTech investing while climate tech lags
June 8, 2022
Climate-impactful categories were left behind in agrifoodtech investment in Europe in 2021 with over 40% of the total going to the eGrocery category, reveals a new report from AgFunder, F&A Next and Invest-NL.
Why Japan’s Norinchukin Bank invested in AgFunder’s $100m agrifoodtech fund
June 7, 2022
Norichukin Bank recently joined the first close of AgFunder’s $100m Fund IV as a limited partner to advance Japan’s agriculture, fisheries, and forestry industries.
There’s a $106bn funding gap for ag SMEs in developing nations, despite their outsized climate impact
June 3, 2022
Agri-SMEs in Africa and Southeast Asia need $160 billion in funding to tackle climate change; but they’re getting just a third of that, a new report says.
South Africa’s Nile secures $5.1m in Naspers-led round for its farm produce marketplace
June 2, 2022
Nile, a fresh produce marketplace connecting farmers to enterprise buyers, will use the funds to expand beyond the Southern Africa region.
Data Snapshot: Latin American agrifoodtech saw more big-money deals in 2021, upstream & downstream
June 1, 2022
2021 was “a year of momentum for ag biotech and alternative proteins” in the region.
FarmWise’s weeding robots haul in $45m Series B funding from Taylor Farms, others
June 1, 2022
The San Francisco-based startup said it will use the funding to bring its new vegetable weeding implement to market.
EXCLUSIVE: Moa nets $44m Series B funding to launch the next generation of herbicides
May 26, 2022
With herbicide resistance on the rise, Moa Technology wants to “replenish the toolbox” available to farmers, says CEO Virginia Corless.
Instant grocery delivery’s future looks murky as Getir, Gorillas & Zapp announce cuts
May 26, 2022
Layoffs, redundancies, and cooling investor sentiment are the major themes for instant grocery delivery startups this week.
BREAKING: Mazen raises $11m Series A from AgFunder, Fall Line, others to make animal ag safer, cheaper
May 25, 2022
Administering a vaccine in animal feed is far safer for workers and requires a lot less labor than injecting each animal individually.
Data Snapshot: India was second only to US in agrifoodtech deal activity last year
May 25, 2022
It also saw upstream agrifoodtech deal numbers surpass downstream deals for the first time, says Omnivore managing partner Mark Kahn.
Regrow raises $38m Series B funding to expand reach of its regen ag tech platform
May 24, 2022
Regrow will use the funds to boost its presence in “key food-producing regions across the globe,” says founder Anastasia Volkova.
These 2 agri-fintech startups want to help Europe’s farmers get cheaper finance
May 19, 2022
Eastern and Southern Europe have recently seen the entry of Tarfin and Agro.Club, two agri-fintechs that are expanding into new markets. These regions have sufficient data availability which can be used to localize risk algorithms. They also have a large population of small to medium-sized farmers.
Data Snapshot: eGrocery still dominates China dealmaking, but upstream tech increases share
May 18, 2022
In 2021, eGrocery dominated dealmaking yet again; but upstream startups vastly increased their share of funding.
EXCLUSIVE: Anterra closes $260m Fund II, says quality of agrifoodtech opportunity ‘has increased exponentially’
May 17, 2022
Fund II will invest in ag biotech and digital solutions up and down the agrifood value chain, from fintech solutions to crop science and animal health.
Vestaron banks $82m Series C funding for its crop-protecting peptides
May 16, 2022
“We have additional insecticide candidates at earlier stages in our pipeline, as well as our first fungicidal candidates,” CEO Anna Rath tells AFN.
The Week in Agrifoodtech: Absolute Foods scores $100m, Mashgin bags $63m
May 12, 2022
Mashgin builds contactless self-checkout machines; while Absolute is vertically integrating the ag value chain. Elsewhere, Brightseed banked $68 million.
Corporate commitments, policy drive record $1.9bn funding for food waste solutions: ReFED
May 12, 2022
But early signs suggest a slowdown in 2022.
Data Snapshot: What Europe’s top 15 agrifoodtech deals in 2021 told us about investment trends
May 11, 2022
Most of the top deals involved eGrocers and Restaurant Marketplaces, highlighting the continent’s thirst for ‘quick commerce.’
Sencrop closes $18m Series B round to go global with its ag weather stations
May 10, 2022
The French startup will use the funding to accelerate its expansion into North America.
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