Elo Life Systems has closed a $24.5m Series A to accelerate the development of a natural high-intensity sweetener, and Cavendish bananas engineered to resist the devastating Fusarium wilt fungal disease threatening global banana production.
Fable’s meaty mushroom products are minimally processed and clean label with all natural ingredients, a boon amid growing controversy about the alternative meat industry.
The Covid-19 pandemic had a clear impact on brick & mortar restaurants and retailers, forcing them to innovate to stay afloat, so while globally there was a dip in investment during 2020, it soon picked up in 2021 as these stores adjusted to a new normal that forced many of them to digitize.
Entocycle, a UK startup that provides technologies and services for the insect farming industry, has secured $5 million in a Series A round from a
Climate biotech startup Living Carbon says its “photosynthesis-enhanced trees” can grow twice as fast as other trees and capture more carbon.
Evigence is a food freshness sensing and analytics company that counts meal kit company Marley Spoon By Martha Stewart as a client.
Aquaconnect will use the new capital to build up its product portfolio for both pre-harvest and post-harvest services for the aquaculture industry.
Pink Farms aims to provide some or possibly all of its vertical farming technology to the grain and fiber production in the next 10 years.
Verdant Robotics recently announced a $46.5 million Series A funding, led by Cleveland Avenue. AgFunder first invested in the seed stage round a few years ago when the company was still in stealth. Here AgFunder partner Rob Leclerc explains why.
Investment in farm technologies was particularly buoyant, increasing 185% year-on-year and accounting for 60% of the total number of deals closed.
Verdant technology can spray for weeds, fertilize and treat plants for pests while simultaneously scanning a field and collection data.
The segmented and unstructured nature of Africa’s food and FMCG supply chains calls for interventions, which investors seem to be leaning into.
PeakBridge and others participated in the Series A round, which Vow says will enable it to bring its cultivated quail to Singapore soon.
Farms can boost biodiversity and income with agroforestry; Propagate wants to make that option more accessible to growers and landowners.
Funding will help scale the startup’s climate-smart nitrogen technology that uses just air, water and renewables-based electricity to produce nitrogen.
African Agrifoodtech investment deals in 2021 were dominated by seed stage deals, which took 80% of 150 deals recorded.
BioBetter says it can bring down the cost of growth factors from the normal range of $50,000 – $500,000 per gram to a mere one dollar per gram.
Midstream Technologies was a leading category after scooping 60% of the total amount of agrifoodtech investments made in Africa in 2021
Tractor Zoom will invest in more data science to make its digital marketplace for farm equipment buying as transparent and streamlined as possible.
Deere is investing in not one company but an entirely new way of doing crop protection and, ultimately, commodity farming.
