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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.