Understory analyzes and processes data to create real-time datasets, views, and actionable information from historical, current and forecasted weather events to provide better insights and early detection of risks.
Tarfin, the Turkish digital platform that enables farmers to access agriculture inputs through instant financing solutions, recently completed a $1.3 million seed round.
Collective Spark Fund, a venture capital fund focusing on early-stage technology startups in fintech, consumer tech, and SaaS, led the round with a co-investment from Wamda Capital, a multistage VC focused on digital disruption.
The startup measures data from beehives -- including temperature, humidity, CO2, sound, and movement data -- and analyzes that data to provide beekeepers with alerts about potential issues that could lead to bee colony losses.
Bioceres, the Argentinian ag biotech business, is set to list on the New York Stock Exchange (NYSE) early next year through a reverse listing with a company controlled by Uruguyuan presidential hopeful Juan Sartori.
Trace Genomics has built the first scalable soil microbiome test to help farmers predict soil disease, soil health, and crop quality, using high-throughput DNA sequencing and machine learning.
Taurus Agricultural Marketing, an ag retailer headquartered in Calgary, has made a substantial financial investment into Ostara Nutrient Recovery Technologies, a wastewater and crop nutrition technology.
A new report from ReFED also revealed that grant funding from foundations reached $134 million in the first three quarters of 2016, increasing 70% over five years.
Gastrograph AI, a predictive analytics technology for food and beverage companies, closed a $4 million Series A round of funding last week.
Gastrograph collects data about how people perceive flavors and with machine learning algorithms can offer food companies predictions on how they might react to new products.
The round coincides with a new partnership with Penny Newman to launch a new soil amendment product onto the market that has the potential to reduce nitrogen application by 30% over 3 growing seasons.
“I never consumed cannabis for the first 29 years of my life, Socrates Rosenfeld founder and CEO of Jane Technologies tells AgFunderNews after raising a $6m Series A round of funding.
Israeli imagery analytics for ag platform Taranis has closed a $20 million Series B round of funding led by Viola Ventures, an Israeli venture firm making its first investment into agtech.
FluroSat, an Australian remote sensing, and crop health software startup, has acquired ProductionWise, the digital agriculture platform of GrainGrowers, Australia’s leading grain farmer membership group.
ProductionWise, a subscription precision agriculture software service, was developed by GrainGrowers for over 10 years in consultation with its members.
Dutch startup In Ovo has completed a Series A raise with Singapore-based disruptive food system venture fund VisVires New Protein and global specialty chemicals company Evonik.
On our mission to democratize venture capital and increase investment in the food and agriculture industry, our fund is open to accredited investors as well as institutional investors, and we already have commitments from both.
4Front Holdings, a cannabis investor-turned-multi-state operator engaging in the cultivation, distribution, and retail of cannabis, has closed a $31m venture round. This brings its total funding to over $50 million.
The first wave of European food tech companies has mostly focused on building technology and logistics platforms to deliver food to consumers. And while the plethora of new food e-commerce options across the globe has caused investor fatigue and failures, the five leading food delivery companies in Europe are now worth seven times more than their combined investment, an awesome feat, according to Niccolo Manzoni, partner of agrifood tech investment firm Five Seasons Ventures.
Clear Labs, a Californian startup using next-generation sequencing (NGS) to test food for dangerous pathogens like Salmonella, has raised $21 million in an extension to its Series B round.
The advent of NGS, most notably developed by Illumina for cancer genomics and newborn screening, brought down the cost of genetic screening in the healthcare industry, as well as the time tests took, and now the same is happening for food.
Regardless of where a farmer is located, knowing what Mother Nature may have in store is a key aspect of planning day-to-day management as well as long-term decisionmaking.
