Dutch company VanderSat’s technology is kind of out of this world; measuring and mapping the soil’s moisture from a constellation of satellites in space using “passive microwave” technology, accompanied by a lot of complex mathematics to make sense of the data.
As global venture capital is poised for a downturn, agri-foodtech investors observe the sector’s resilience and creativity amid near-term uncertainty.
With nearly €600k in cash, the investment group plans to make 10 investments before raising $2m-$4m in Q4. It’s also looking for acquisitions of brands that might struggle during the crisis.
Luckin Coffee scored one of China’s top agrifoodtech startup fundings just before its May IPO, while e-grocer MissFresh landed the country’s biggest deal.
#SupportStartups collates a variety of special offers, discounts, and promotions from regional startups to drive traffic and boost revenues, while SEAcosystem is compiling a jobs database.
Amatil X has invested in Kargo Technologies, a ‘truck-hailing’ platform that also counts Travis Kalanick’s VC firm as an investor.
Users can order health-conscious meals, groceries, and supplements through the Indian startup’s wellness marketplace.
The Singaporean startup’s blockchain platform offers enhanced supply chain visibility to the fruit industry – and it has Latin America in its sights.
The Bengaluru-based company is reported to have paid $20 million for the online milk-delivery specialist.
Nature’s Fynd is a food brand using a proprietary volcanic microbe-produced protein, dubbed Fy, which contains all nine essential amino acids as well as dietary fiber, calcium, and vitamins.
A digital hospitality management point of sale system managed to close an oversubscribed investment round despite the global backdrop perhaps bolstered by its food delivery-related offering as other startups offer other means to avoid human interaction in the restaurant space.
Canada’s NovoBind, which is developing a precision biologics platform to protect livestock against pathogenic bacteria, viruses, and parasites, has closed a Series A round of funding.
Fulcrum raised the fund from a pool of high net worth investors to support early-stage upstream agriculture technologies in animal health, precision agriculture, food safety, and supply chain logistics
Brazil’s small farmers are worth an estimated $20bn in crop protection buying power but most ag retailers cater to larger commodity-focused operations.
Chemical fungicides are a tried and tested way to get rid of fungal outbreaks like powdery mildew and botrytis; but many of these are coming under scrutiny from consumers and regulators. So Biotalys is working to produce biological alternatives by mimicking the immune response of certain animals, such as llamas.
Venture capital investment across all industries dropped in 2019 — around 16%, according to the VenturePulse report — against a backdrop of global uncertainty related
“GrainChain has quietly become one of the most successful blockchain-meets-agriculture platforms on the market by allowing more and more farmers to receive fair value and prompt payment for their crops, while also selling to a larger pool of buyers,” said Overstock CEO and Medici Ventures president Jonathan Johnson
Syngenta Ventures’ Michael Lee tells AFN how the firm is viewing the biologics space and why WeedOUT’s species-specific approach is so important.
The facility is the first of its kind for the company and the most technically advanced, costing roughly $100 million for a company that has had a rough ride on its share price valuation over the last few years.
Biomanufacturing is the term used to describe the process of using biological systems as opposed to chemistry to produce commercial biomaterials. Crudely this means using certain microbes — naturally-occurring species or genetically designed — to produce certain materials.
How Indian agritech can help address climate risks