Dairy-free milk maker Ripple Foods raised its Series B funding round from a who’s who in venture capital, while a microbiome testing company Trace Genomics raised $4m.
Farmigo, the farm-to-consumer food delivery platform, has announced that it’s closing down operations after five years.
ProducePay, Leaf Space, KisanHub, Agrivi, Holachef, and Chefmarket contributed to this week’s fundings-in-brief.
This week’s fundings-in-brief features over $40m of equity funding into food and ag-related startups.
An Australian farmland fund joined a drone company, microbe manufacturer, consumer products, and food e-commerce startup to raise funding and highlighting the diversity of the ag investment space.
Walmart, Sam’s Club to Test “Last-Mile Grocery Delivery” Using Ride Share Services Uber, Lyft Mega grocery retailer Walmart and its wholesale chain Sam’s Club are
Over $60m of agtech fundings this week include Engender Technologies, Inocucor, WiseRG, Planetary Resources, MastiLine, Chef’d and Kazzit.
*Update: Strider has disclosed the participation of Qualcomm Ventures and the size of its $3 million Series B funding round. This article was originally published on May 5, 2016.
Whole Foods Market is embracing food technology and we caught up with Karen Christensen to find out more about how consumer preferences are informing how the business operates and uses technology.
This week, PURE Bioscience raises $1.27 million, while Farmers Edge gets another $3.2m, hyperspectral drone imagery company Gamaya raises $3m, and five food e-commerce startups from the Europe, Asia and the US raise $131m collectively. Impossible Foods is also on the road for $200m.
The Finnish software company helping grocery retailers launch online food delivery services has raised funding from EnterWorks and Black Dragon Capital.
Farmigo is an online farm-to-consumer service based in Brooklyn, New York that started life as a community supported agriculture software company.
Agroptima and Agrosmart are the two non-US startups that raised funding, joining startups in the animal health, gene-editing, and food delivery subsectors.
A private equity exit, a new hire in the farmland investment market, continued public concern over GE food labeling, and the plight of the bee contribute to this week’s industry-in-brief.
The indoor agriculture software service Agrilyst raised the round ahead of a cannabis platform rollout, while 4 M&A deals this week span ingredients, biofuel, meat products, and food e-commerce.
Byte Foods, a service delivering lunches to businesses in San Francisco, has acquired Pantry, the manufacturer of smart fridge kiosks in an all-share deal.
Vermont’s impending GMO labeling is also covered in this week’s industry-in-brief as well as a cartoonist who got fired from Farm News for offending a seed company.
A UK satellite imagery company, Google Ventures’ investment in a sensor technology, and a flower delivery company attracting capital from an agtech VC contribute to this week’s Fundings-in-Brief.
In honor of Earth Day, Souper Seconds has launched a mobile app designed to help chefs and other food manufacturers get their hands on “seconds”, ugly fruit and vegetables that go wasted each year.
Capital raisings for predictive food industry forecasting company Fiddlehead, drone tech company PrecisionHawk, and food hyperlocal marketplace contribute to this week’s funding-in-brief.
