This is the latest deal among a growing number of agribusiness marketplace startups globally as the trend to take input purchasing and crop marketing online takes hold.
Algaia is a French company manufacturing algae-based products for the agriculture feed, personal care & nutraceutical industries.
It is understood that Mavrx ran into some financial and operational difficulty in recent months and was not able to service its clients for the upcoming growing season despite providing a popular product with a 90% customer renewal rate.
BIGH (Building Integrated Greenhouses), a startup based in Brussels, Belgium, has opened its first aquaponic farm on a site spanning 4,000 meters squared above a food hall in the center of the city.
The California-based startup that was forced to withdraw from various cities across the US in 2015 after expanding too quickly, recapitalized in 2016.
The Bushel mobile app platform integrates into grain elevators’ accounting systems to provide growers access to their contracts, scale tickets, prepays, cash bids, and markets.
ADM’s Cibus Fund was joined by existing investors GreenSoil Investments, the Israeli agrifood tech fund, and Middleland Capital, the family office-backed agrifood tech VC.
As the eventual conclusion of Bayer’s acquisition of Monsanto draws closer, all eyes are on the German healthcare and agriculture giant to find out what the new normal will look like. In agriculture, Liam Condon, CEO of Bayer CropScience, will have the primary role in shaping that new reality.
We caught up with farmland investor Shonda Warner to find out where frustrations with agtech startups start for farmers, and what low commodities prices mean for tech startups.
Future Meat Technologies, an Israeli startup manufacturing meat from animal cells in a laboratory, has raised $2.2 million in seed funding, in a round led by Tyson Ventures, the venture arm of the meat giant.
As Bayer waits for the final go-ahead from regulators to merge with Monsanto, the company is coming to terms with what its role could be as the largest corporation in agriculture.
A new coalition of agriculture and finance industry players is working together to find new ways to get technology into the hand of smallholders farmers
So far in 2018, at least five startups using cellular agriculture, the science behind cultured meat that can be used to manufacture many animal products in a lab setting, have raised funds as this fledgling industry diversifies and grows.
Biologicals startup Inocucor has acquired ATP Nutrition in the opening salvo of a plan to become a “selective consolidator” in the premium crop inputs space.
Farmers Business Network makes an acquisition in Canada while Bayer sells assets to get ready for the big takeover, plus more in this week’s brief.
Though the price of the acquisition was not disclosed, DTN SVP Ed Mattix offered that DTN is a conservative buyer looking to directly profit off of its acquisitions and that there would likely be more to come.
Described as a ‘game changer’ InspiraFarms’ technology consists of modular cold storage and food processing units, which run on off-grid renewable energy and aim to increase farm incomes by 40%.
After one year of testing, Monsanto is collaborating with hyper-local weather data provider Understory to optimize the company’s seed production operation in Argentina.
The USDA makes multiple impactful rulings while Food System 6 Accelerator chooses a new cohort and BayWa announces an agtech competition in this week’s brief.
Smithfield Foods, the world’s largest pork processor and hog producer, is launching a partnership with Florida startup Anuvia Plant Nutrients to convert the hog manure created by the company’s farming operations into fertilizer.
Sponsored
International Fresh Produce Association launches year 3 of its produce accelerator