AgFunder Network Partners

Category: Novel Farming Systems

UAE indoor farmer Pure Harvest nets $65m to fund Asia expansion

October 28, 2021

The Abu Dhabi-based company will add over 100 crops to its portfolio, as well as new CEA technologies, through its collaboration with PlanTFarm.

Brief: AeroFarms & Spring Valley terminate $1.2bn SPAC deal

October 18, 2021

David Rosenberg, the vertical ag company’s CEO, said that “proceeding with this transaction is not in the best interests of our shareholders.”

FYTO: The startup growing protein with robots to decarbonize agriculture

October 14, 2021

The US startup is growing a plant that can help to reduce the carbon footprint of animal agriculture and become a new ingredient for alt-proteins.

Norway’s OptoScale nets $4.1m to grow its fish farm monitoring tech

October 13, 2021

The Trondheim-based startup believes it’s differentiated by its use of on-site edge processing, rather than relying on cloud computing.

The potential of tilapia aquaculture in sub-Saharan Africa

October 11, 2021

Tilapia farming can help feed sub-Saharan Africa’s booming population. But investment in everything from basic infrastructure to technology is needed first.

South Korean indoor ag startup N.Thing nets $26m Series B funding

October 4, 2021

N.Thing said the funds will go towards worldwide commercialization of CUBE, its modular, software-powered vertical farming system.

Artemis acquired by iUNU in continued CEA rollup creating $50m+ contracted revenue company

September 27, 2021

Artemis and iUNU will explore opportunities to offer more financing solutions to their CEA customers after the deal completes.

Indoor ag startup Iron Ox closes $53m round led by Breakthrough Energy

September 22, 2021

It will use a chunk of the funding to open its largest facility yet: a leafy greens and berries-focused greenhouse in Lockhart, Texas.

Australia’s marine bioproducts industry is about to boom

September 10, 2021

Marine bioproducts derived from resources like algae could add $3 billion to the Australian economy by 2035 – while also building a more resilient food system.

Meet the GROW grads concocting climate-smart ag solutions with robots & seaweed

September 9, 2021

Don’t forget to register for the GROW Impact Accelerator’s virtual Demo Day taking place next week.

Mealworm Beetle Larva (Tenebrio Molitor). Photographed by acclaimed wildlife photographer and writer, Dr. William J. Weber.

Brief: EU greenlights insect-derived protein in pig & poultry feed

September 7, 2021

It’s “an instrumental step in upscaling the European insect sector,” according to industry group IPIFF.

Cargill & AeroFarms talk indoor cocoa production

September 6, 2021

They’re hoping the insights they derive will revolutionize outdoor production, too.

Novel Farming Systems top funded startups 2020

Data Snapshot: Insect ranches, vertical ag among 2020’s top-funded ‘Novel Farming’ startups

August 26, 2021

Novel Farming Systems – which includes CEA, aquaculture, and insect production – was the second best-funded agtech category last year, according to AgFunder.

Brief: Cox Enterprises acquires indoor ag startup BrightFarms

August 19, 2021

The US startup said it plans to build a “national network of new high-tech farms that will accelerate the salad industry’s transition to indoor farming.”

Saltwater ag startup Red Sea Farms raises $16m from AppHarvest, Aramco

August 16, 2021

The startup aims to grow its footprint across Saudi Arabia and the UAE, as well as US regions “where growing conditions are harsh.”

Brief: Kalera agrees $153m deal to acquire &ever in vertical farming combo

August 12, 2021

Kalera will instantly expand its global presence by acquiring &ever, which operates vertical farms across Europe, Southeast Asia, and the Middle East.