The round coincides with a new partnership with Penny Newman to launch a new soil amendment product onto the market that has the potential to reduce nitrogen application by 30% over 3 growing seasons.
Israeli imagery analytics for ag platform Taranis has closed a $20 million Series B round of funding led by Viola Ventures, an Israeli venture firm making its first investment into agtech.
4Front Holdings, a cannabis investor-turned-multi-state operator engaging in the cultivation, distribution, and retail of cannabis, has closed a $31m venture round. This brings its total
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
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.
Equinom, an Israeli startup using computational biology to breed crops with improved characteristics without any genetic manipulation, has raised $4 million in a bridge funding round.
“Pivot Bio is addressing one of the largest sources of GHGs on the planet – the potent nitrous oxide and carbon dioxide emissions associated with the use of synthetic fertilizers,” said Carmichael Roberts of Breakthrough Energy Ventures.
The fledgling startup industry looks different to other global markets with the vast majority of innovation and investment ($1.7 billion) taking place downstream; but China’s agrifood startup scene has something the US market does not.
Last week, Enterra Feed Corporation, an insect farming business from Canada, announced its latest round of funding and plans to construct three new insect factories in Canada and the US.
The startup told AgFunderNews it will be using gene editing technology, including CRISPR Cas-9; it has CRISPR Cas-9’s inventor Jennifer Doudna on its board of directors.
The plant microbiome research and products company counts the Gates Foundation as an investor.
California-based remote sensing startup Ceres Imaging has raised $25 million in Series B financing from one existing and one new investor, taking the company’s total investment to $35 million.
This is the first equity investment by the Gates Foundation in India, highlighting the importance of modernizing India’s dairy sector, according to Mark Kahn, partner of Omnivore.
ecoRobotix’s first product is a solar-powered autonomous robot weeder that targets the application of herbicide based on GPS and sensors that enable it to detect weeds between crop rows.
The Bushel mobile app platform integrates into grain elevators’ accounting systems to provide growers access to their contracts, scale tickets, prepays, cash bids, and markets.
The AgriFood News Aggregator features headlines from around the globe collected on AgFunder’s news sharing platform #feedit each week. Have news to share? Post it on #feedit to engage, share, and debate with your peers.
Biologicals startup Inocucor has acquired ATP Nutrition in the opening salvo of a plan to become a “selective consolidator” in the premium crop inputs space.
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.
Inocucor manufactures biological stimulants for agriculture using a patented fermentation process to combine multi-strains of bacteria and yeasts into soil and plant optimizers. It has two products on the market today that aim to enhance the growth of crops.
It was an exciting year in farm technology, to say the least, with several exits and record deals set and then overtaken by even larger deals just weeks or months later. Check out the standout deals of 2017.
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International Fresh Produce Association launches year 3 of its produce accelerator