Nileworks claims its multi-copter drones are able to see the shape of a field and spray pesticides just 30cm above, reducing drift.
Cargill has released the first of a suite of digital tools across its animal nutrition business -- Dairy Enteligen -- and is set to announce at least four more before the second half of next year.
Acquisitions in restaurant tech keep coming, HelloFresh is undeterred by Blue Apron's disastrous IPO, new hires, new grants for Danforth, and more in this week's brief.
Zume is one of just a few startups creating solutions for restaurants to use in-house compared with the rest of the agrifood tech sector, but could the tide by changing as high profile investors come into the space?
The fund raised capital predominantly from institutional investors including university endowments, funds of funds, insurance companies, and asset managers.
Monsanto Growth Ventures portfolio company Agsolver has sold to a Texas-based agricultural software provider, new hires, and more Aussie IPOs in this week's brief.
In this episode, I speak to Jorge Heraud, the cofounder and CEO of Blue River Technology, a Silicon Valley startup bringing robotics to the farm. Blue River was recently acquired by John Deere, the world's largest tractor company, for $305 million.
There are a number of key areas of opportunity for agrifood tech startups in Europe as the support and resources available to entrepreneurs increases slowly, write Thomas van den Boezem and Louisa Burwood-Taylor.
The round takes the startup's total funding to over $300 million after it raised $156 million last year in Series C and D funding.
Early stage investment in agrifood tech startups reached $4.4 billion in the first half of 2017, posting a 6% year-over-year increase reversing the downward trend of 2016 when agrifood tech investing dropped 17% to $6.9 billion from $8.3 billion in 2015.
According to the company, Douxmatok allows food companies to use 40% less sugar in their products while achieving the same level of sweetness, with no aftertaste.
High-profile startup hires, a startup IPO, and new startup resources also make up part of this week's brief.
Bayer CropScience and Ginkgo Bioworks, a startup genetically engineering microbes for the flavor, fragrance, and food industries, have partnered with hedge fund Viking Global Investors to invest $100 million in a new, as yet unnamed agtech startup.
MycoTech uses mushrooms and fungi to remove bitter tastes from food and drinks.
Biological pesticide firm Greenlight Biosciences has raised an $18 million Series D round led by led by farmland and agtech fund investor Fall Line Capital.
Deere & Company announced plans to acquire Blue River Tech for $305 million last week as the next step in its quest to build autonomous equipment for agriculture.
Impossible Foods estimates that the new Oakland plant will be able to produce one million pounds of burgers per month, farms prepare for Hurrican Irma, and more.
The company uses a blend of oats, lentils, sunflower seeds, coconut, sesame seeds and has created three flavors of yogurt with no added sugars, while eliminating the waste common in plant-based dairy alternatives such as soy milk.
Distribution of the product will focus on the US, Canada, and Argentina, where NewLeaf has been successfully piloting the product for three years.
Agrible’s suite of products for farmers largely center around the Morning Farm Report, a central dashboard which incorporates a range of data to give farmers field-level information about their farms.