Agrilyst Raises $8m Series A, Rebrands to Artemis, Sets Sights on Enterprise-Level Indoor Farms
The indoor ag software developer has also added former Deputy Secretary of Agriculture Kathleen Merrigan to its Board of Directors.
Category Archives: Startup Funding
Red Sea Farms Raises $1.9m to Grow Tomatoes in the Desert Using Saltwater
Red Sea Farms, a Saudi Arabian startup developing saltwater-tolerant crops and saltwater-based greenhouses in the Middle East, has secured $1.9 million in funding.
The startup raised funding to build a 2,000 square meter saltwater greenhouse in Saudi Arabia comes from the country’s King Abdullah University of Science and Technology (KAUST) Innovation Fund and the Research Products Development Company (RPDC).
Cultured Meat Startup Aleph Farms Raises $12m Series A from VisVires New Protein and Cargill
Aleph Farms claimed in December 2018 that it was the first company to demonstrate that it can grow steak directly from bovine cells without harming the cow.
Two AgriFood Robotics Startups Raise $15m for Diverse Applications across Supply Chain
One robot climbs into hard-to-reach places to perform critical inspections while the other helps farmers rid their fields of rocks.
Clara Foods Raises Series B Inking Commercial Deal with Ingredion for Animal-Free Protein Ingredients
While the final size of the Series B has yet to be disclosed -- there are still some more potential investors coming into the round, according to CEO Arturo Elizondo -- sources close to the deal say it was raising $40 million.
Ninjacart Raises $89m from Tiger Global in India’s Largest-Ever Farm Tech Deal
Ninjacart, an Indian agritech startup that connects farmers to retailers, has raised Rs625 Cr ($89.5m) from New York-based hedge fund Tiger Global, taking its valuation to $320 million, according to the Economic Times.
Dutch Biotech Startup Ceradis Secures €9m for New Biofungicide
It has taken the team of scientists at Ceradis more than a decade to develop a line of earth-friendly agriculture products. Now, with several on the market, the Dutch company has raised €9 million ($10 million) to commercialize a new biofungicide that prevents crop disease.
Sidai Is Revving Up Kenyan Farming with Fleets of Motorbikes and a Fresh Round Of Funding
Many Kenyan farms struggle for access to quality farming products like vaccines, fertilizers or diagnostic equipment; the farmers also find it hard to attain or acquire sound veterinary or technical expertise, according to Sidai.
It’s Beef’s Turn for a Digital Renaissance, says ex-Climate Employee & Founder of Digital Tool PLA
The livestock industry is gearing up for its turn in the innovation saddle as more startups like Performance Livestock Analytics tap corporate partners like Wilbur-Ellis to pick up the pace
Top 20 Retail & Restaurant Tech Startups in 2018
Retail and restaurant tech is a category of agrifood tech startups encompassing technologies and services aimed at making retail food businesses more profitable as well as improving shopper experience at the supermarket, in restaurants and other brick & mortar stores.
Can Restaurant Tech Help Industry Compete with Food E-Commerce? POS Startup Toast Says Yes.
With food delivery startups becoming more popular than ever, restaurants are turning to technologies like food-focused POS systems to keep pace with the rapidly rising digital tide.
EXCLUSIVE: India’s Intello Labs Raises $2m Seed Round to Measure Quality of Food Crops with an App
Intello Labs is an Indian agtech startup using computer vision and deep learning to measure the quality of crops.
DHL Veterans Drive Food Logistics Startup fliit to €10m Series A from Maersk Growth, Alstin
Flitt is an online matchmaking platform for food producers, traders and transport providers.
ALSS Raises $8m Series A for New Chick Vaccination Technology that Will Cut Down on Antibiotics in Poultry
Animal health startup Applied LifeSciences & Systems (ALSS) closed an $8 million Series A round of equity financing co-led by Merck Animal Health and Mountain Grou Partners. Oval Park Capital, a Raleigh-based early stage investment firm, also participated in the round.
UPDATE: Aqua-Spark Invests in 2 Aquaculture Tech Startups: BioFishency’s $2.4m Series A & Molofeed
**UPDATED: MARCH 27, 13:55 ET. Added additional Aqua-Spark investment announced today, and corrected Aqua-Spark’s assets under management to €72.5m**
BioFishency, an aquaculture filtration technology startup, has raised $2.4 million in funding from global seafood tech investor Aqua-Spark, The Trendlines Group and a private Chinese investor.
EXCLUSIVE: A Company Growing Protein On Trees Raises $20m Series D
The pongamia tree is a protein powerhouse that far outclasses the globally dominant soybean: its yields can offer as much as 10 times the beans per acre as soy, according to TerViva, which closed funding today.
Kapsera Raises €700k for Microbe Encapsulation Technology in Agrinnovation Fund’s 1st Investment
Kaspera is focused on the microbe-based biofertilizer and biopesticide markets with patented technology enabling the encapsulation of the microbes.
Transforming a 10,000 Year Old industry: Why LocalGlobe Invested in Breedr
Today, LocalGlobe announced its lead role in the £2 million seed round for Breedr, a UK digital ag startup for the animal agriculture sector. Breedr joins Wefarm and Infarm in LocalGlobe's agtech portfolio. Here Brett tells us more and why they invested.
Nutrition Innovation Raises $5m Seed Round for Low-GI Sugar as List of Sugar Reduction Technology Startups Grows
Excessive sugar consumption is a pervasive health problem throughout the world. It leads to many life-threatening conditions including diabetes, obesity, and heart disease, which has now reached epidemic levels in some parts of the world.
Stable Raises $6m Seed Round to Help Farmers, Traders and Insurers Manage Food Price Risk with FinTech
Price volatility is a major risk for producers, buyers, and insurers of agricultural products. Prices can swing by as much as 20% or 30% per year, making it difficult for farmers to manage and plan their businesses and for commodities investors to gauge investment decisions.