Biologicals startup Inocucor has acquired ATP Nutrition in the opening salvo of a plan to become a “selective consolidator” in the premium crop inputs space.
Farmers Business Network makes an acquisition in Canada while Bayer sells assets to get ready for the big takeover, plus more in this week's brief.
Though the price of the acquisition was not disclosed, DTN SVP Ed Mattix offered that DTN is a conservative buyer looking to directly profit off of its acquisitions and that there would likely be more to come.
Described as a ‘game changer’ InspiraFarms' technology consists of modular cold storage and food processing units, which run on off-grid renewable energy and aim to increase farm incomes by 40%.
After one year of testing, Monsanto is collaborating with hyper-local weather data provider Understory to optimize the company’s seed production operation in Argentina.
The USDA makes multiple impactful rulings while Food System 6 Accelerator chooses a new cohort and BayWa announces an agtech competition in this week's brief.
Smithfield Foods, the world’s largest pork processor and hog producer, is launching a partnership with Florida startup Anuvia Plant Nutrients to convert the hog manure created by the company’s farming operations into fertilizer.
Beta Hatch cultivates mealworms for animal feed using patent-pending equipment, a trade-secret process and unique genetic stock, developed by entomologist and founder Virginia Emery.
The startup has now raised $396 million in debt and equity in total, making it the best funded alternative protein startup to date.
AgVend is the latest entrant into a small set of players vying for the so far small community of farmers looking to purchase online - all banking on the expectation that that community will grow.
At the closing investor discussion at the World Agri-Tech Innovation Summit in San Francisco on March 21, three agrifood investors concluded that though the exits of 2017 were good to see, they weren’t necessarily as replicable as many may hope.
We caught up with Emma Weston, cofounder and CEO of AgriDigital, on the sidelines of the recent World Agri-Tech Innovation Summit to discuss how she sells blockchain technology to different rungs in the supply chain with various levels of fluency, and where new traceability technologies should ultimately be headed.
One agrifood tech VC vet heads from Monsanto Growth Ventures to Temasek while indoor growers get together to develop industry safety standards, plus agtech M&A in this week's brief.
FoodLogiQ is a single software platform that allows multiple links in the food supply chain to manage the quality and traceability of the food they source and sell, aided by a barcode-based tracking system.
Strider was in discussions with Syngenta Ventures about their next funding round, which would have been a Series B, when CEO Luis Tangari Pereira said that it became clear that an acquisition would be the best outcome for both parties.
After photographing strawberries, the AgShift app tells the user what the percentage of red is in the photo, which speaks to how much shelf life is left.
Granular and Monsanto have new partners, Y Combinator requests cultured meat proposals and more in this week's brief.
Pairwise is a CRISPR startup founded by Monsanto Growth Ventures and some of the foremost scientists behind the fundamentals of gene-editing.
Anders said that the new funding comes with a widened view of what kind of investments a sector-specific VC should be making and where agrifood innovation will come from.
Bayer and Ginkgo Bioworks announced the partnership in September 2017. The partners jointly invested $100 million in the venture, making the deal the second largest deal from an Ag Biotechnology startup in 2017, according to the AgFunder data.