Curious about the role of AgriFood tech startups in impact investing? Read on as Devika Balachandran, an associate on Wharton Impact Investing Partners’ Food & Nutrition sector team, discusses the importance of AgriFood Tech in impact investing.
MimosaTEK, a Vietnamese agtech startup providing data, decision support, and remote control capabilities through sensors and a cloud platform, recently won the Vietnamese round of Seedstars World competition.
Rabobank, a global financial services company operating in over 40 countries, has teamed up with San Francisco tech campus RocketSpace to launch a new accelerator called Terra, which will focus exclusively on food and agtech startups.
Interest in agtech is heating up more than ever. Earlier this week, Austin, TX’s Chamber of Commerce announced its annual list of the top 12 most promising startups in the region and two of the companies on that list were agtech companies.
Quebec City based company, XpertSea, announced $1.3 million in seed funding from Real Ventures, a Canadian seed stage venture fund. The company provides inventory management solutions for aquaculture producers, specifically through its product, XperCount, a mechanism that can count tiny aquatic organisms in a fraction of the time it traditionally takes.
Granular announced its acquisition of AcreValue, a farmland valuation platform, for an undisclosed amount. San Francisco-based Granular offers a farm management and analytics platform that aims to help farmers increase efficiency, yield and profit.
Fargo, ND based startup, Botlink, just announced a $500,000 seed investment that closed in Q1 of this year. The company creates a cloud-based drone control application which it touts will simplify, and increase the safety of, drone operations.
After its successful launch last November and a $1.2 million Seed round on March 10, PepperTap, a startup which aims to become the Fresh Direct of India, raised $10 million in Series A financing from SAIF partners and Sequoia Capital(the latter having led the seed round as well).
By automating the delivery of precision ag data to Apple and Android devices, the cloud-based platform is positioning itself as a one-stop management tool for workers across the ag production spectrum.