The Israeli agritech company FruitSpec — which is carving out a niche using hyperpectral imagery to count fruits —is set to officially close its $4 million Series A fundraise at the Agrivest conference in Tel Aviv on Tuesday. Get the scoop here!
Totaling $15 million, the round includes the $10 million strategic investment from Canopy Rivers announced earlier this year. Existing investors Finistere Ventures and Middleland Capital participated in the round, which was oversubscribed.
You’d be forgiven for finding the growing farm management software space overwhelming; there are now hundreds of different software tools for farmers across crop types globally. At AgFunder, we’ve reviewed many of them so it takes something special to capture our attention.
Anaerobic digestion is already used widely in Europe where the population is more attuned to environmental concerns but also as there's limited room for landfills, forcing businesses to find other solutions for food waste.