BREAKING: Omnivore Closes Fund 2 on $97m to Improve Lives of India’s 500m Farm Population
Omnivore, the Indian agrifood tech venture capital firm, has closed its second fund on $97 million, exceeding a target of $75 million.
Category Archives: Investment News
Ninjacart Raises $89m from Tiger Global in India’s Largest-Ever Farm Tech Deal
Ninjacart, an Indian agritech startup that connects farmers to retailers, has raised Rs625 Cr ($89.5m) from New York-based hedge fund Tiger Global, taking its valuation to $320 million, according to the Economic Times.
Dutch Biotech Startup Ceradis Secures €9m for New Biofungicide
It has taken the team of scientists at Ceradis more than a decade to develop a line of earth-friendly agriculture products. Now, with several on the market, the Dutch company has raised €9 million ($10 million) to commercialize a new biofungicide that prevents crop disease.
BREAKING: Cultivian Sandbox Closes 3rd Fund on $135m with Bevy of Food & Ag Corporate LPs
Cultivian Sandbox Ventures, the most established agrifood tech venture capital firm, has raised $135 million in its third fund. Founded in 2008, the firm was the first to focus entirely on technology startups operating across the food and agriculture value chain.
Sidai Is Revving Up Kenyan Farming with Fleets of Motorbikes and a Fresh Round Of Funding
Many Kenyan farms struggle for access to quality farming products like vaccines, fertilizers or diagnostic equipment; the farmers also find it hard to attain or acquire sound veterinary or technical expertise, according to Sidai.
Rockstart Raises €15m for AgriFood Tech ‘Accelerator 2.0’ Committed to Funding Startups at Later Stages
There is a need for patient capital in the agrifood sector to give startups more time to prove out their business models, according to Rockstart agrifood program director Mark Durno.
It’s Beef’s Turn for a Digital Renaissance, says ex-Climate Employee & Founder of Digital Tool PLA
The livestock industry is gearing up for its turn in the innovation saddle as more startups like Performance Livestock Analytics tap corporate partners like Wilbur-Ellis to pick up the pace
Can Restaurant Tech Help Industry Compete with Food E-Commerce? POS Startup Toast Says Yes.
With food delivery startups becoming more popular than ever, restaurants are turning to technologies like food-focused POS systems to keep pace with the rapidly rising digital tide.
FoodBytes! Founder Manuel Gonzalez Talks FoodTech, Deal Flow and New Fund Global RIFF
Last month, Manuel Gonzalez announced plans to raise a new foodtech fund called Global RIFF (Revolution in Food Fund). We caught up with him to find out more about the investment model and the food tech categories he's most excited about.
EXCLUSIVE: India’s Intello Labs Raises $2m Seed Round to Measure Quality of Food Crops with an App
Intello Labs is an Indian agtech startup using computer vision and deep learning to measure the quality of crops.
DHL Veterans Drive Food Logistics Startup fliit to €10m Series A from Maersk Growth, Alstin
Flitt is an online matchmaking platform for food producers, traders and transport providers.
EXCLUSIVE: Rio Holds $77.5m First Close on Growth Stage AgriFood Fund, Rebrands From Avrio
Avrio Capital, one of the first investment firms to focus specifically on food and agriculture, has re-branded into a new investment firm called Rio Investment Partners, raising $77.5 million in the first close of a $150 million fund.
Pontifax AgTech Achieves 2nd Exit as Precision Biosciences IPOs with $870m Valuation
Pontifax AgTech targets returns of three times its investments and sources close to the deal said it is likely the Precision Biosciences exit will come close.
UPDATE: Aqua-Spark Invests in 2 Aquaculture Tech Startups: BioFishency’s $2.4m Series A & Molofeed
**UPDATED: MARCH 27, 13:55 ET. Added additional Aqua-Spark investment announced today, and corrected Aqua-Spark’s assets under management to €72.5m**
BioFishency, an aquaculture filtration technology startup, has raised $2.4 million in funding from global seafood tech investor Aqua-Spark, The Trendlines Group and a private Chinese investor.
BREAKING EXCLUSIVE: A Company Growing Protein On Trees Raises $20m Series D
The pongamia tree is a protein powerhouse that far outclasses the globally dominant soybean: its yields can offer as much as 10 times the beans per acre as soy, according to TerViva, which closed funding today.
Kapsera Raises €700k for Microbe Encapsulation Technology in Agrinnovation Fund’s 1st Investment
Kaspera is focused on the microbe-based biofertilizer and biopesticide markets with patented technology enabling the encapsulation of the microbes.
Transforming a 10,000 Year Old industry: Why LocalGlobe Invested in Breedr
Today, LocalGlobe announced its lead role in the £2 million seed round for Breedr, a UK digital ag startup for the animal agriculture sector. Breedr joins Wefarm and Infarm in LocalGlobe's agtech portfolio. Here Brett tells us more and why they invested.
Nutrition Innovation Raises $5m Seed Round for Low-GI Sugar as List of Sugar Reduction Technology Startups Grows
Excessive sugar consumption is a pervasive health problem throughout the world. It leads to many life-threatening conditions including diabetes, obesity, and heart disease, which has now reached epidemic levels in some parts of the world.
“Basic Farm Tech Tools Won’t Provide VCs the Exit Returns They Need, So Why Are VCs Still Investing in Them?”
Nolan Paul, Partner at Yamaha Motor Ventures and ex-head of R&D Strategy and Emerging Technology at leading produce grower Driscoll's is offering his thoughts on how the agritech sector is developing ahead of his speaking slot at World Agri-Tech Innovation Summit in San Francisco next month.
Stable Raises $6m Seed Round to Help Farmers, Traders and Insurers Manage Food Price Risk with FinTech
Price volatility is a major risk for producers, buyers, and insurers of agricultural products. Prices can swing by as much as 20% or 30% per year, making it difficult for farmers to manage and plan their businesses and for commodities investors to gauge investment decisions.