Emertec: The Next M&A Revolution in Agrifood Tech Will be in Robotics
We caught up with Eric Marty, investment manager at Emertec Gestion since 2004, to find out why his firm is betting on farm robotics.
We caught up with Eric Marty, investment manager at Emertec Gestion since 2004, to find out why his firm is betting on farm robotics.
In a comprehensive assessment of the potential for automation by McKinsey, agriculture ranked fourth with a 57% potential for automation, behind accommodation and food services (73%), manufacturing (60%), and transportation and warehousing (60%).
Since he has now been on both the startup and investor sides of the table, we caught up with Dan Harburg to find out what he thinks is coming up next in farm robotics.
Zume is one of just a few startups creating solutions for restaurants to use in-house compared with the rest of the agrifood tech sector, but could the tide by changing as high profile investors come into the space?
In this episode, I speak to Jorge Heraud, the cofounder and CEO of Blue River Technology, a Silicon Valley startup bringing robotics to the farm. Blue River was recently acquired by John Deere, the world’s largest tractor company, for $305 million.
Deere & Company announced plans to acquire Blue River Tech for $305 million last week as the next step in its quest to build autonomous equipment for agriculture.
“This is the start of the next chapter in agriculture,” says Kiersten Stead from MGV, an investor in Blue River.
Though robotics are more and more visible in the fields and in the media, the labor shortage will need to be addressed by both industry and government if food production is to stay on course.
Here are a few highlights from The Mixing Bowl Hub’s Food IT: Farm to Fork Conference.
A Californian product design and engineering group called Motivo Engineering has acquired Robodondo, a robotics startup focused on the food industry.
Solyent, Thymox, Propel, Hectare Agritech, Smart Earth Seeds, Taranis, Abundant, Calysta, Ceres, and Territory have all raised funding in the past two weeks.
Abundant will use the proceeds to commercialize its first product, aimed at reducing the $200 billion orchard farming industry’s reliance on seasonal labor.
LoveTheWild, the Boulder-based frozen seafood brand that only sources farmed fish, has closed an undisclosed Series A round of funding with Leonardo DiCaprio and seafood-focused
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The multi-sector accelerator program is launching its first agtech program alongside one for robotics and employs a different model to most.
A busy week of fundings saw $89m raised by startups offering technologies from farm-to-fork.
Nathan Dorn shares his key takeaways from RoboUniverse in San Diego earlier this month and general views on the advent of farm robotics.
Comet Labs and Orange Silicon Valley recently partnered on a report entitled: Bringing Digital Intelligence to Indoor Farming — urban agriculture in the age of AI. Here are their key learnings.
Analysts and media sources argue that it’s still too early to know what actions President-elect Trump will take in the food and ag sector, but his rhetoric and campaign pointed to 4 potential policies on trade, immigration, USDA, and regulation.
This is Temasek’s 3rd agtech investment in a year.
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International Fresh Produce Association launches year 3 of its produce accelerator