Ag Data Sector Raises Further $6.7m in Farmobile and S4 Funding Rounds
Ag data and analytics technology companies continued to attract investment capital last week with a $5.5m Series A for Farmobile and a $1.2m seed funding round for S4.
Ag data and analytics technology companies continued to attract investment capital last week with a $5.5m Series A for Farmobile and a $1.2m seed funding round for S4.
The New Zealand fund manager expects to hold a second close during the first half of 2016 and a final close by the end of the year.
The Californian startup that is using robots to weed, thin and spray vegetable fields, raised the capital from a heavy-hitting group of agtech-focused and technology venture capital firms.
The farm management tool will draw down the bridge financing as needed for expansion into new geographies and to fund new industry partnerships, according to Patrick Christie, CEO of Conservis.
AeroFarms has plans to build 25 farms over the next five years and expand its reach across four continents, David Rosenberg, CEO, tells AgFunderNews.
The “merger of equals” will create a $130 billion market cap company, DowDuPont, which will then split into three separate businesses for agriculture, material sciences and specialty products.
Startups focused on food technology, ag biotech, GPS navigation and food e-commerce make up this week’s Fundings-in-Brief.
USAID, the Government of Sweden, the Government of Germany, Duke Energy Corporation, and the United States Overseas Private Investment Corporation have pledged a total of $47m to clean energy projects for agriculture.
Paine & Partners acquired the Australian pest control business through its fourth fund as industry insiders discuss the development of the ag biological industry.
The Californian startup is aiming to manufacture alternative dairy products with better nutritional and taste values than others on the market, according to co-founder Dr Neil Renninger.
This week’s news-in-brief covers the launch of a new crop-spraying drone, a $20m commitment by New Zealand to combat agricultural emissions, and agribusiness PE fund Arlon leads sugar business M&A.
The Spanish crop protection company raised funding from Monsanto, Middleland, Spanish investment firm Caixa Capital Risc, and biotech company Novozymes, to expand its product line.
Harvest Power wants to develop the organic food waste sector in the US through the expansion of its anaerobic digesters and consumer-facing soil supplement products.
A further 36 funds, across farmland, agribusiness and agriculture technology, are still in the market targeting $7.5 billion collectively, according to Prequin.
This week’s industry news brief includes M&A news, a food e-commerce IPO, weather technology capital raising, a $46m farmland sale, and regulatory developments for the US food industry.
Cultivian Sandbox led the round as Descartes Labs focuses on providing agriculture insights and global crop production forecasts to a range of stakeholders.
goFARM Australia, the agriculture investment firm backed by the Costa Group, drew parallels between SWIIM’s technology and process, and Australia’s well-managed water entitlements system.
KKR has invested into Yuehai Feed Group through its China Growth Fund in the firm’s fifth agriculture-related investment in China.
The agtech investor’s journey to exit is still unclear. Here are four routes to exit and their challenges as discussed at the World Agri-Tech Investment Summit.
For many livestock managers, the process of medicating their cattle is one of the most arduous tasks they face each year. SmartVet wants to solve this problem and is launching a campaign on AgFunder to raise expansion capital.
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International Fresh Produce Association launches year 3 of its produce accelerator