Category Archives: Seed

Farm Tech & Supply Chain Tech Drive $1.6bn in Funding to European AgriFood Tech Startups in 2018

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.

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).

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.

Woman-Led Midwest Angel Investment Firm iiM Invests $2.4m in 6 AgriFood Tech Startups

Kansas City-based angel investment firm iiM (Innovation in Motion) has invested in a variety of early-stage agrifood tech startup companies covering everything from a bio-based plastic alternative to oral vaccines for livestock and companion animals.

Canadian Automated Vertical Farm Systems Developer Inno-3B Raises C$6m Seed Funding

Canadian vertical farming systems developer Inno-3B has completed its first seed round of financing at nearly C$6 million ($4.45m).

Located in Quebec and Ontario, the company provides turnkey vertical farming systems for a variety of customers, from researchers, biotechnologists, and small-scale farmers, to regional and multinational producers.