Infarm raises $170m in first close of Series C
September 17, 2020
Infarm says that by 2025 its operations will reach more than 5 million square feet to become the largest distributed vertical farming network in the world.
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Category: Novel Farming Systems
Feed sensor startup BinSentry raises $7.7m in Series A funding
September 16, 2020
The Canadian startup provides solar-powered, self-cleaning sensors that can keep track of livestock feed levels in real time.
Agrifood investors head to the beach – but not for vacation
September 4, 2020
Two $100-million fund announcements and a spate of deals in August signal growth in sustainable seafood and aquaculture investment opportunities.
Vertical farming software startup iFarm raises $4m
August 20, 2020
The round was led by Gagarin Capital Partners, with Matrix Capital, Impulse VC, IMI.VC, along with various undisclosed business angels joining in.
WWF leads $1.5m investment in seaweed startup Ocean Rainforest
August 17, 2020
The Faroese company wants to make sea-bound macroalgae farming less labor intensive, and more able to withstand the elements.
BREAKING: This major grocer is stocking up on Plenty’s indoor grown greens
August 12, 2020
Albertsons reached out to the indoor farming startup amid the Covid-19 pandemic to find a new source of fresh produce to keep up with consumer demand.
MagGrow’s magnetic spray tech attracts $7.1m for Series A round
August 11, 2020
Impact investor Astanor Ventures led the round, joined by similarly impact-minded WakeUp Capital
AppHarvest raises $28m as Martha Stewart & Impossible Foods’ CFO join board
August 7, 2020
AppHarvest is planning to build the world’s largest greenhouse facility in Kentucky to address Covid-19 produce supply chain woes.
Noroo wants to power Asia’s smallholders and vertical farmers with its ‘seed to table’ model
August 4, 2020
The Korean chemical giant’s Singapore agribiz hub will “pioneer solutions for the world food supply chain through innovation, not just plain food trading,” its CEO tells AFN.
Aquaponics startup Seed & Roe snags $15m, rebrands to Upward Farms
July 24, 2020
The funding will be used to construct its new headquarters farm in Brooklyn, which will enable the wholesaler to scale up its operations 20x.
Australia’s indoor ag sector has been slow off the mark. Here’s how to give it the kickstart it needs
July 20, 2020
Australia is technologically advanced, highly urbanized, and has farmers aplenty – but its urban ag industry is practically non-existent. Sydney startup Blakthumb finds out why.
This vertical farming startup you may not have heard of says it has “industry-leading unit economics”
July 16, 2020
Kalera recently announced plans to open what it describes as the largest vertical farm in Texas.
Vertical farming in LatAm: AgroUrbana closes $1m seed funding
July 2, 2020
There’s space for vertical farming among Chile’s urban populations, where year-round fresh produce is not as abundant as you might think.
EU puts $20m into building a sugarbeet biorefinery to make organic acids
June 18, 2020
With the pursuit of carbon neutrality still looming large over political and corporate agendas, companies across Europe have been searching for new ways to unplug their production lines from petroleum-based products.
Sollum Technologies raises C$2.7m to expand greenhouse LED tech in North America
June 17, 2020
The Québec-based startup claims to have the only smart LED lighting technology that reproduces the full spectrum of the sun’s natural light.
Want to build Asia’s new agrifood ecosystem? Apply to Singapore Food Bowl now!
June 4, 2020
Singapore Food Bowl is the new online program from GROW, the Asia-Pacific agrifoodtech accelerator by AgFunder. Applications close in 4 days – so hurry!
Israel’s Saturas secures an initial $3m of Series B funding
May 28, 2020
In a hypothetical world where Covid-19 had never struck, a promise of ever more precise irrigation water use for the quality and quantity of yields could have gathered more Series B steam among investors.
Syngenta invests in $7m seed round for Israeli autonomous chemical reduction tech Greeneye
May 27, 2020
Trials already indicate how a precision method like Greeneye’s can reduce a farmer’s herbicide usage by 65‒92%, according to Greeneye.
Fly, my pretties! NextProtein closes $11.2m Series A to scale up insect production in Tunisia
May 27, 2020
NextProtein, a French-Tunisian startup working on new ways to produce insect-based animal feed and fertilizer, has raised €10.2 million ($11.2 million) in Series A funding,
Insects for animal feed startup Beta Hatch raises $3m Series A1
May 22, 2020
The funding will be used to construct what it describes as the largest mealworm facility for animal feed in North America.
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