Chinese tech giant Tencent leads funding for Future Crops’ soil-based vertical farms
Future Crops stands to benefit from Tencent’s deep domain expertise in AI and automation – as well as its massive footprint in the Asian tech ecosystem.
Future Crops stands to benefit from Tencent’s deep domain expertise in AI and automation – as well as its massive footprint in the Asian tech ecosystem.
The startup recently raised $10 million in a seed round led by Acre Venture Partners.
Jackie Jones and Rachel Downing are two of the major forces behind CEA company Amplified Ag and its mission to evolve container farming.
Bowery announced its acquisition of robotics startup Traptic last week. Here, AFN analyzes the deal and what it means for the wider indoor ag space.
The Paris-based startup will supply insect protein to ADM’s pet foods division, to create “high-quality nutritional” products with “a significantly lower carbon footprint and land requirement.”
The Federal Advisory Committee for Urban Agriculture includes several entrepreneurs and experts from the world of agrifoodtech.
The deal with Nasdaq-listed SPAC Agrico Acquisition Corp is expected to close in the second quarter of 2022.
A strategic partnership with Walmart includes putting Plenty’s vertically-grown greens on Californian store shelves this year.
Co-founder and CEO Jason Green discusses its new 250,000-square-foot facility and the importance of the microbiome.
It will use the funding to launch into other countries through partnerships with local players.
The timing of KKR’s vote of confidence is particularly interesting as concerns mount about the future of some vertical farms, but Bowery CEO Irving Fain says it’s a positive inflection point for the industry.
The Dutch VC invested in the 25-year-old tilapia farming company to curb Africa’s reliance on food imports and address skyrocketing protein needs.
The Bandung-based startup plans to launch into other major fish and shrimp farming markets, including China and India.
Focusing on higher yields instead of novel technologies will make vertical farming more productive, he tells AFN.
Infarm is doubling down on its Growing Centres with a target to have 100 across 20 countries by 2030. The Qatar Investment Authority will work with it to build the emirate’s first Growing Centre by 2023.
Novel Farming Systems ventures – which include tech-enabled vertical farms and greenhouses – may be losing their luster for investors.
Better tracking around waste, water, and energy usage could help the CEA industry more accurately measure the sustainability of their operations.
The Hamilton, Montana-based company claims its produce reaches shelves “in record time post-harvest” due to its facility’s proximity to retail partners.
Novel Farming Systems ventures raised a total of $911 million in funding during the first six months of the year, according to AgFunder data.
The US startup embeds “living sensors” in seeds that can signal plant distress, helping to mitigate crop loss and over-reliance on pesticides.
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International Fresh Produce Association launches year 3 of its produce accelerator