Beyond Meat lists on the Nasdaq today after raising $240m in IPO funding at a valuation of $1.46bn, pricing the deal at the top of an increased price range, highlighting strong investor demand for the stock.
While the final size of the Series B has yet to be disclosed -- there are still some more potential investors coming into the round, according to CEO Arturo Elizondo -- sources close to the deal say it was raising $40 million.
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.
There is a need for patient capital in the agrifood sector to give startups more time to prove out their business models, according to Rockstart agrifood program director Mark Durno.
The livestock industry is gearing up for its turn in the innovation saddle as more startups like Performance Livestock Analytics tap corporate partners like Wilbur-Ellis to pick up the pace
With food delivery startups becoming more popular than ever, restaurants are turning to technologies like food-focused POS systems to keep pace with the rapidly rising digital tide.
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.
Pontifax AgTech targets returns of three times its investments and sources close to the deal said it is likely the Precision Biosciences exit will come close.
**UPDATED: MARCH 27, 13:55 ET. Added additional Aqua-Spark investment announced today, and corrected Aqua-Spark’s assets under management to €72.5m**
BioFishency, an aquaculture filtration technology startup, has raised $2.4 million in funding from global seafood tech investor Aqua-Spark, The Trendlines Group and a private Chinese investor.
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.
