Brief: Mexico’s Jüsto acquires Peruvian counterpart Freshmart
Freshmart was founded in 2016 and claims to have an 18-20% share of the online food market in Peru.
Freshmart was founded in 2016 and claims to have an 18-20% share of the online food market in Peru.
SHO safflower produced Down Under is “a quantum leap ahead for farming [that] benefits growers, industry, and consumers,” said GO Resources’ David Hudson.
It links suppliers and buyers of fresh produce across the country, opening up more buy and sell opportunities while also facilitating timely payments.
The New York-based company plans to scale up production of its fermented bio-textile called Mirai.
The Lagos-based startup is connecting local smallholder farmers to the international spice markets.
David Rosenberg, the vertical ag company’s CEO, said that “proceeding with this transaction is not in the best interests of our shareholders.”
Indonesia’s TaniHub was the top-funded startup in the category according to AgFunder data, raising $66 million in May.
The Norwegian company’s tech converts animal manure into sustainable fertilizer and traps greenhouse gas emissions in the process.
The Kenyan startup is building a tech bridge between insurance companies and millions of smallholder farmers to protect them from climate change.
The acquisition brings added data analytics capabilities to Bushel, which it says will help farmers and facilities make more profitable decisions.
The Ireland-based startup says it offers a more scalable and accurate way of measuring the carbon footprint of the agriculture and forestry industries.
Managing director Jim Adler discusses his firm’s recent investment in farm robots startup Burro and where Toyota plans to look next in agtech.
While investment in eGrocery services increased substantially, especially in China, the return of foot traffic to brick and mortar retailers and restaurants saw investment double in technologies servicing them.
The US alone pledged $10 billion to transform global food production and consumption over the next five years. But is it enough?
The Brazilian VC secured investment from Banco do Brasil, one of the largest financial institutions in the country, as it sees continued momentum around ag-related fintech.
The category includes cell-cultured meat, plant-based analogs, fermented and fungi-based proteins, functional foods, and other novel ingredients.
It has also struck partnerships with Farmer Mac and Indigo Ag, which will use the combined platforms to further their own financing and carbon offerings.
The Berkeley, California-based startup uses genetically modified microflora to ferment sugar into proteins found in cow’s milk.
“You will probably see more strategic partnerships and acquisitions from Semios,” Michael Gilbert tells AFN.
The Kansas City startup says it offers livestock producers a faster way to identify the “elite” members of a herd in order to multiply their genetics.