Arya banks $21m in Quona-led Series B to boost financial inclusion for India’s farmers
Delhi-based Arya, which provides grain storage and loans to smallholders, is fintech investor Quona Capital’s second ag finance deal.
Delhi-based Arya, which provides grain storage and loans to smallholders, is fintech investor Quona Capital’s second ag finance deal.
Launched in 2013, the Seattle-based startup targets the precision greenhouse space with its platform called LUNA.
The Singapore sovereign fund’s acquisition of a majority stake in the Israeli company is just the latest sign of its increasingly hard focus on agrifoodtech.
Hong Kong’s Avant will expand its focus beyond traditional Chinese cuisine with new products tailored to Western markets.
“In industries like aerospace and manufacturing, Singapore provides vital components for other countries. There’s no reason we can’t do the same for alt-proteins.”
The UK-based startup aggregates data from cropfields, on-farm sensors, stores, shipments, and satellites to drive efficiency across the entire agrifood supply chain.
OurCrowd is teaming up with agtech accelerator Sprout to take a little of the ‘Startup Nation’ magic down under.
The Israeli bio-herbicide startup will use the funding for product development, scaling its operations, and regulatory advancements.
The Guangzhou-based startup offers UAVs for fertilizer and pesticide application, remote sensing, and seeding – and has also branched out into ground-based robots, cameras, and sensors.
Unfold launched in August with $30m in funding from Bayer and Temasek. John Purcell, CEO and Bayer’s former vegetable R&D chief, has had a busy few months.
The Dutch startup has created a fungi-based alternative protein called Fermotein which is pending regulatory approval in the EU and the US.
The Shanghai-based firm has joined the Series A round of Mojia Bio, which synthesizes essential nutrients for human and animal consumption.
“There’s an abundance of need for what they do,” Prince Khaled, Saudi royal and new investor in the Oakland-based startup, told AFN.
It’s developing a line of alternative meat products made from the protein-rich ‘root’ networks of fungi.
The Emeryville, California startup has been developing biological analytics of soil DNA data to offer farmers crop protection insights and forecasts.
Dutch startup Mosa Meat is expecting a second close of its Series B round in “the next few months” following a $55 million first tranche.
Fund II is timely given “scarcity of sector-focused growth capital and challenges and opportunities created by Covid-19,” managing partner Phil Erlanger told AFN.
The funding will enable the Indian startup to take its rapid soil testing kit and analytics services to the country’s 130 million smallholder farmers.
Despite ‘reduce, reuse, recycle’ drives, single use of petroleum-based plastic has grown 5x since 1980 – with a mere 5% recycled. Plastic pollution remains a problem in need of a solution.
The round was led by The Rise Fund – a unit of US private equity giant TPG Capital – and Swire Pacific, an arm of Hong Kong trading house Swire.
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