India’s Fasal raises $1.6m seed funding to build out precision ag across SE Asia
Fasal, a precision agriculture platform, has just raised $1.6 million of seed funding from Omnivore and Wavemaker Partners, AFN can confirm.
Fasal, a precision agriculture platform, has just raised $1.6 million of seed funding from Omnivore and Wavemaker Partners, AFN can confirm.
The Kenyan B2B food distribution company’s combined Series B equity and debt round represents the largest early stage investment in African agrifood tech in 2019 to date.
The company has raised SFr7 million to support entry into other European markets, launch new products and work towards retail distribution at home.
AgriTech Capital has just closed a multi-million dollar investment into Germany’s Ag.Supply. The exact amount has not been disclosed on record.
Israeli insect farming startup Flying Spark has struck a partnership and investment deal with Thai Union, one of the world’s largest seafood producers.
AgFunder has just opened the New Carnivore Fund to investors. The $20M fund will invest in alternative protein startups including plant-based alternatives, cellular agriculture, and the picks-and-shovels that will enable the industry.
As tit-for-tat tariffs fly left, right, and centre, this fund aims to bring the US and China together, by rewarding startup smarts with funds.
The UK startup has developed a smart kitchen tool that helps restaurants account for their food waste to see where they can improve.
Vertical Future plans to cut down London’s carbon ‘foodprint’ with its latest £4m seed round, led by impact investor Earthworm. Read on to find out more.
Trigo’s technology uses computer vision and AI to see what shoppers put in their carts, charging their accounts when they walk out the door. Tesco invested just after its Series A round.
The startup’s robots roam around poultry houses floors to encourage more bird movement and to prevent hens from laying eggs outside designated nest boxes.
UK startup Hummingbird Technologies tells us it plans to expand into North America with its fresh injection of funds from BASF VC and TELUS Ventures.
Provivi produces pesticide alternatives for farmers based on insect pheromones, the natural secretions animals use to find one another for mating.
Pontifax AgTech Fund II is targeting $250m overall.
Prodded by rising public concerns about climate change, the UK government wants its agricultural sector to reach net-zero carbon emissions by 2040. This is a bold target and there isn’t enough heft in the right places, British investors have warned AFN.
Sprout Accelerator could be that opportunity you need to be part of New Zealand’s journey towards sustainability in ag and food tech. Read on for more.
Cricket One is another insect-based protein startup that’s taking off in Asia, but why? AFN speaks with its founder, Nam Dang, to find out.
LeadX Capital Partners, which is backed by German retailer Metro Group, led the round, joined by the likes of Ingka Group (IKEA), Northzone, D-Ax, and Norrsken.
This is the second-largest round for a cultivated meat startup after Memphis Meat’s $17 million Series A.
Asia’s getting richer faster than anywhere else, and there’s a huge need to produce enough food for growing populations. Here’s why you should get into it.
Sponsored
International Fresh Produce Association launches year 3 of its produce accelerator