You may have seen The Production Board crop up on a few agrifood tech investments, but there's little publicly-available information about the investment holding company founded by David Friedberg. Until now.
It is possible for as many as one out of 15 containers to get rejected when they arrive at their destination, an expensive outcome when containers carrying high-value food can be worth as much as $500,000.
Kansas City-based angel investment firm iiM (Innovation in Motion) has invested in a variety of early-stage agrifood tech startup companies covering everything from a bio-based plastic alternative to oral vaccines for livestock and companion animals.
The Colorado-based startup is targeting big players in the food system to recapture lost food at scale while offering end-to-end logistics. It closed this top-up ahead of a larger Series B in the near future.
TechAccel, the venture development organization, and Donald Danforth Center for Life Sciences, the leading plant science research institute, have created a new startup called RNAissance.
The new facility will be automated from seeding to growing to harvesting featuring handling robotics, artificial intelligence, data analytics, and around-the-clock monitoring sensors and control systems to optimize every aspect of growing produce indoors.
Postmates, a San Francisco-based logistics company that operates a network of couriers who deliver goods – mostly food — locally, has closed a pre-IPO $100 million funding round led by BlackRock, Glynn Capital and Tiger Global, upping the company’s valuation to approximately $1.85 billion.
Virginia-based sustainable packaging company TemperPack, which counts HelloFresh among its clients, raised $22.5m in a Series B round bringing the growing Packaging 2.0 sector into the spotlight.
Until now, the Tel Aviv-based startup has been operating in stealth mode, honing its technology and accelerating adoption of its service with a clandestine list of growers including large-scale citrus growers.
Ostara, a nutrient management solutions company, has closed a new round of equity financing co-led by existing investors VantagePoint Capital Partners and the food-focused European family office Wheatsheaf Group.
