Ag Industry Brief: Insect M&A, Kraft Heinz Launches Incubator, Startup Makes Egg Protein from Fungi, more
A major insect farm purchases a CPG startup, Kraft Heinz gets in the startup incubation game and more in this week’s brief.
A major insect farm purchases a CPG startup, Kraft Heinz gets in the startup incubation game and more in this week’s brief.
2017 was a year of extremes in agrifood tech investing. Large deals pushed the total investment volume up to post an encouraging 29% growth, but deal count fell by 17% to 949, with the most dramatic contraction at the crucial seed stage.
Though Hummingbird began as a drone-focused precision agriculture company two years ago, it evolved beyond just drones as the team realized that the method of data collection is secondary to the data itself.
Since launching in 2015, Agrofy has signed up 5000 companies, including multinational ag players, that have listed more than 65,000 products.
Micropep Technologies, a French ag biotechnology company has raised a €4 million ($4.94 million) Series A round of funding. Micropep is developing crop enhancement products using micro-RNA or miRNA.
Cargill has launched a new digital platform for aquaculture, the second platform in a suite of digital tools announced in October.
AgDevCo recently made an unconventional investment that could have great impact on the rural, agricultural economies in Tanzania.
Doodhwala is building its own logistics service, overriding India’s established and complex network of middlemen and dealing directly with farmers.
Boost Biomes uses DNA-sequencing to study microbiomes and identify interactions that have desired outcomes — in this case, combatting common crop threats.
After several successful trials in citrus, apple, and almond orchards in Spain and Israel, Saturas cofounder and CEO Anat Halgoa Solomon told AgFunderNews that will the company use the new funds to bring its first products to market along with continuing development of a modified version of the company’s original sensor for use on vineyards.
Benson Hill Biosystems patents CRISPR 3.0 while Tyson Foods looks to accelerators for innovation plus more in our weekly brief.
The AgFunder platform has built a powerful, global network and we’ve had the good fortune to get to know some of the industry’s most successful entrepreneurs from the beginning of their journeys. Going forward, we will be leveraging the AgFunder platform to invest in other bold and exceptional founders who are committed to building the next generation of agrifood tech companies that will transform our food and agriculture system.
We caught up with Joy Basu ahead of the World Agri-Tech Innovation Summit, to discuss how she approaches impact investing in agriculture at The Rise Fund and how agtech can fit into an impact investing thesis.
North Carolina-based satellite data analytics startup FarmShots has been acquired by Syngenta for an undisclosed amount plus more in our weekly brief.
After receiving an international set of applicants, Asian accelerator group SparkLabs Group’ Cultiv8 accelerator has chosen its first cohort of nine agtech startups.
Farm management and agronomy software platform Farmers Edge announced today a four-year deal with major global reinsurer PartnerRe, to bring customized insurance products to its users.
Omnivore Partners, which calls itself an “impact venture fund” is solely focused on agtech investments in India, and investors (LPs) in the fund were largely impact-minded funds from Europe, India, and the US, demonstrating the growing link between agriculture and impact investing.
Both Walmart and Nestle are getting into new technologies while Florida citrus growers get some relief and the cannabis industry gets some M&A, plus more in our weekly brief.
Plastomics is working to shorten the pipeline for developing new seeds with multiple transgenic traits, increasing the speed and lowering the cost of designing new seeds using chloroplast engineering.
Indoor farming software startup Agrilyst has raised an undisclosed strategic round, bringing in new investors with the aim of expanding the scope of its product offering and entering the Chinese market.
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International Fresh Produce Association launches year 3 of its produce accelerator