S2G Leads $3m Series A for Food Waste Tech Hazel Technologies
After completing 20 pilots in one year, Hazel Technologies has raised a $3.26 million Series A round led by food and agtech VC S2G ventures.
After completing 20 pilots in one year, Hazel Technologies has raised a $3.26 million Series A round led by food and agtech VC S2G ventures.
Biolumic has created a seedling treatment using UV light that it says boosts the yield of specialty crops by up to 22% while also making plants heartier and more pest resistant.
Though Hummingbird began as a drone-focused precision agriculture company two years ago, it evolved beyond just drones as the team realized that the method of data collection is secondary to the data itself.
Since launching in 2015, Agrofy has signed up 5000 companies, including multinational ag players, that have listed more than 65,000 products.
Micropep Technologies, a French ag biotechnology company has raised a €4 million ($4.94 million) Series A round of funding. Micropep is developing crop enhancement products using micro-RNA or miRNA.
After several successful trials in citrus, apple, and almond orchards in Spain and Israel, Saturas cofounder and CEO Anat Halgoa Solomon told AgFunderNews that will the company use the new funds to bring its first products to market along with continuing development of a modified version of the company’s original sensor for use on vineyards.
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.
Cargill and other unspecified “food industry giants” joined the round, bringing the cultured meat company’s all time fundraising total to $22 million.
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.
The Irish company will launch the first food ingredient discovered using artificial intelligence next year.
This round was led by OS Fund, which, according to its website, “finances and supports inventors and scientists who are working on audacious breakthroughs to solve the greatest issues and opportunities facing humanity today.”
After starting in the orchards and vineyards more common to its home base, the West Coast, Ceres recently entered the row crop space largely through a partnership with Monsanto’s The Climate Corporation.
Aqua-Spark has finalized two investments this week that signal the fund dedicated to the future of aquaculture is moving beyond farms and feed.
Gro Intelligence is a data product that provides global agricultural data analysis on what CEO Sara Menker says is an unprecedented scale.
SafeTraces technology allows users to place an invisible, seaweed-based DNA tag on individual food items so that their provenance and qualities can be traced and verified throughout the supply chain.
Nileworks claims its multi-copter drones are able to see the shape of a field and spray pesticides just 30cm above, reducing drift.
There are a number of key areas of opportunity for agrifood tech startups in Europe as the support and resources available
to entrepreneurs increases slowly, write Thomas van den Boezem and Louisa Burwood-Taylor.
Early stage investment in agrifood tech startups reached $4.4 billion in the first half of 2017, posting a 6% year-over-year increase reversing the downward trend of 2016 when agrifood tech investing dropped 17% to $6.9 billion from $8.3 billion in 2015.
According to the company, Douxmatok allows food companies to use 40% less sugar in their products while achieving the same level of sweetness, with no aftertaste.
Bayer CropScience and Ginkgo Bioworks, a startup genetically engineering microbes for the flavor, fragrance, and food industries, have partnered with hedge fund Viking Global Investors to invest $100 million in a new, as yet unnamed agtech startup.