Category Archives: Investment News

Thiel-Backed Breakout Ventures Invests in Phylagen $14m Series A with Cultivian, AgFunder For Microbe-Based Traceability

Microbiome data analytics company Phylagen has raised a $14 million Series A round led by Peter Thiel-backed Breakout Ventures, agrifood tech venture pioneer Cultivian Sandbox, supply chain innovation fund Working Capital with participation from AgFunder.

Woman-Led Midwest Angel Investment Firm iiM Invests $2.4m in 6 AgriFood Tech Startups

Kansas City-based angel investment firm iiM (Innovation in Motion) has invested in a variety of early-stage agrifood tech startup companies covering everything from a bio-based plastic alternative to oral vaccines for livestock and companion animals.

Merck Acquires Digital Livestock Tech Antelliq for $2.4bn in Biggest Agtech Acquisition on Record

US pharmaceutical company Merck has acquired digital livestock and animal health tech company Antelliq Group for €2.1 billion ($2.37 billion).

Antelliq manufactures sensors for animals, including ear tags for dairy cows through a product called Allflex that can monitor cows’ activity and provide traceability.