Paris-based insect farming venture Ÿnsect has been awarded a €20 million grant from the European Commission and a €3.7 billion European public-private partnership to build an industrial-size facility in northern France.
The multistakeholder investment platform catalyzed $3m in equity investment soil microbiome testing startup Trace Genomics and $535k in grant funding for three research projects.
Søren and Anders Knudsen have developed FarmBackup, an online marketplace where farmers and contractors can advertise and arrange for equipment-based services.
Farming is expensive and the payout isn’t always guaranteed, but DeHaat hopes to soften the financial stress for its members with new offerings like credit and insurance.
Europe’s agrifood tech ecosystem raised just 9% of the funding that went to foodtech and agtech startups globally in 2018. But deal activity increased 23% as agrifood tech startups in the region closed a similar number of deals as in the US.
The startup has an SaaS platform that provides users with forward-looking views of commodity markets that they can translate into actionable business decisions.
Silo, a marketplace for perishable food producers and distributors, has raised $3 million in seed funding led Initialized Capital, the fund founded by Reddit co-founder
The indoor ag software developer has also added former Deputy Secretary of Agriculture Kathleen Merrigan to its Board of Directors.
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
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.
One robot climbs into hard-to-reach places to perform critical inspections while the other helps farmers rid their fields of rocks.
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, 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
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.
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.
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
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
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.
Intello Labs is an Indian agtech startup using computer vision and deep learning to measure the quality of crops.
Flitt is an online matchmaking platform for food producers, traders and transport providers.
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