UPDATE: AeroFarms Brings in IKEA and David Chang to Close $40m Series D
US indoor agriculture group AeroFarms has closed a $40 million Series D round.
US indoor agriculture group AeroFarms has closed a $40 million Series D round.
The Canadian Food Inspection Agency claims that the Soylent meal replacement drink does not fulfill the nutritional requirements of a meal.
Farmobile produces a small in-cab unit called a PUC that wirelessly shares machine and agronomic data gathered in the field in real time.
Aqua-Spark has finalized two investments this week that signal the fund dedicated to the future of aquaculture is moving beyond farms and feed.
Gro Intelligence is a data product that provides global agricultural data analysis on what CEO Sara Menker says is an unprecedented scale.
Solugen uses plant starch combined with specialized enzymes to manufacture hydrogen peroxide, a common household and industrial chemical used as an oxidizer, bleaching agent, and disinfectant.
The fast pace of CapAgro’s portfolio growth caught our attention back in 2015 when the firm made nine investments in 12 months, eight of those in its first three months after the French agrifood tech VC fund was founded.
Nileworks claims its multi-copter drones are able to see the shape of a field and spray pesticides just 30cm above, reducing drift.
Cargill has released the first of a suite of digital tools across its animal nutrition business — Dairy Enteligen — and is set to announce at least four more before the second half of next year.
Acquisitions in restaurant tech keep coming, HelloFresh is undeterred by Blue Apron’s disastrous IPO, new hires, new grants for Danforth, and more in this week’s brief.
Zume is one of just a few startups creating solutions for restaurants to use in-house compared with the rest of the agrifood tech sector, but could the tide by changing as high profile investors come into the space?
The fund raised capital predominantly from institutional investors including university endowments, funds of funds, insurance companies, and asset managers.
Monsanto Growth Ventures portfolio company Agsolver has sold to a Texas-based agricultural software provider, new hires, and more Aussie IPOs in this week’s brief.
In this episode, I speak to Jorge Heraud, the cofounder and CEO of Blue River Technology, a Silicon Valley startup bringing robotics to the farm. Blue River was recently acquired by John Deere, the world’s largest tractor company, for $305 million.
There are a number of key areas of opportunity for agrifood tech startups in Europe as the support and resources available
to entrepreneurs increases slowly, write Thomas van den Boezem and Louisa Burwood-Taylor.
The round takes the startup’s total funding to over $300 million after it raised $156 million last year in Series C and D funding.
Early stage investment in agrifood tech startups reached $4.4 billion in the first half of 2017, posting a 6% year-over-year increase reversing the downward trend of 2016 when agrifood tech investing dropped 17% to $6.9 billion from $8.3 billion in 2015.
According to the company, Douxmatok allows food companies to use 40% less sugar in their products while achieving the same level of sweetness, with no aftertaste.
High-profile startup hires, a startup IPO, and new startup resources also make up part of this week’s brief.
Bayer CropScience and Ginkgo Bioworks, a startup genetically engineering microbes for the flavor, fragrance, and food industries, have partnered with hedge fund Viking Global Investors to invest $100 million in a new, as yet unnamed agtech startup.
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International Fresh Produce Association launches year 3 of its produce accelerator