It also announced some changes to its executive leadership with CEO Tom Laurita stepping down in what it described as a streamlined approach towards advancing commercialization.
The established specialty mineral and chemical provider will combine Growers Insight’s platform with its agronomic services.
Equinom uses computational breeding, not genetic engineering, to breed crops with enhanced properties, such as a higher protein pea.
Although it’s interested in biologics, it claims farmers still need the high rate of efficacy that chemical agriculture has to offer.
“Vertical farming is not especially relevant in India,” says Omnivore’s Mark Kahn, but its equivalent is a company that galvanizes and coordinates the tens of thousands of already existing greenhouses dotted on the outskirts of India’s major cities, like Clover.
The VC firm 7percent Ventures is confirmed as lead investor, having plowed in £200,000. By the time of close, a total of 1,759 investors had backed the round.
The acquisition will add 1,800 weather stations to the company’s existing European network to support hyper-local weather data for farmers.
The design process is about not patronising farmers with solutions they do not need, but realizing farmers as concerned about boosting their bottom line in a tight margins business. “Every farmer is a CEO, Agrando’s founder tells AFN.
The container farming startup is planning to dig deeper into plant science to optimize its connected platform and provide growers with better recipes.
With the team at Yofix confirming the closure of a Series A funding round at $2.5 million, it is now clear that a few dairy behemoths have acquired a bit of a taste for plant-based yogurts.
The French feed ingredient developer uses a proprietary encapsulation technology to make fish feed more efficient once its consumed.
UK-based BigSIS has closed a pre-seed round of funding, AFN can reveal.
“We chose Unbox Capital over other funds because of their huge knowledge of digital transformation and disruption, which they can share with us,” said Rodrigo lafelices dos Santos, Solinftec’s CEO.
Kisan Network has closed a $3 million round led by Atsushi Taira at Mistletoe, with participation from Y Combinator, the Thiel Foundation, Venture Highway, FundersClub, Lynett Capital, Gokul Rajaram, and other angels.
The firm has already made two investments from the new fund: Agrofy, the Argentinian agribusiness marketplaces that made waves a couple of weeks ago with its record-breaking Series B round, and Inari, the gene-editing for ag startup.
Greenbook maintains a searchable database of crop input labels to help users and industry professionals stay current on appropriate usages and warnings
This is ArcTern’s fourth investment from its $200 million Fund II but appears to be its first in agtech beyond a bet on ethanol production.
Find out the areas of agtech innovation Ankur Capital’s founder Ritu Verma thinks are primed for investment in India and beyond.
Plant-based protein is leading many consumers to ask deeper questions about where their protein comes from regardless of where it comes from.
The Swiss company has secured an undisclosed amount of funding from California-based Agroecology Capital, an agtech venture capital firm.
How Indian agritech can help address climate risks