Category: Series B

clear labs

Clear Labs Raises $21m in Series B-2 Funding to Make Food Safety Testing Quicker and Cheaper

Clear Labs, a Californian startup using next-generation sequencing (NGS) to test food for dangerous pathogens like Salmonella, has raised $21 million in an extension to its Series B round.

The advent of NGS, most notably developed by Illumina for cancer genomics and newborn screening, brought down the cost of genetic screening in the healthcare industry, as well as the time tests took, and now the same is happening for food.

Produce Pay Raises $14m Series B to Help Farmers Get Paid

Agribusiness marketplaces are a hot trend in agrifood tech at the moment as entrepreneurs look to create more options for farmers than existing distribution channels to give them more flexibility and hopefully more money in their pockets.
AgFunder

AgFunder Starts Investing in FoodTech and Agtech

The AgFunder platform has built a powerful, global network and we’ve had the good fortune to get to know some of the industry’s most successful entrepreneurs from the beginning of their journeys. Going forward, we will be leveraging the AgFunder platform to invest in other bold and exceptional founders who are committed to building the next generation of agrifood tech companies that will transform our food and agriculture system.