Fundings-in-Brief: Memphis Meats to Raise $2m Seed Round, FarmDrop Raises $4.3m, more
Cultured meat manufacturer Memphis Meat, UK farm-2-consumer company FarmDrop and Syngenta’s acquisition by ChemChina are some of this week’s Fundings-in-Brief.
Cultured meat manufacturer Memphis Meat, UK farm-2-consumer company FarmDrop and Syngenta’s acquisition by ChemChina are some of this week’s Fundings-in-Brief.
*Agrible recently brought on new investor Flyover Capital to close out its Series A. The deal first closed in July 2015 with Serra Ventures and ADM. This is an updated version of a post that was first published on July 22, 2015.
Investment rounds by startups in the UK, Singapore, and the US contributed to the week’s funding volumes.
The seed treatment company raised the majority of the funding from an Australian agriculture producer.
Japan’s Planet Table closes $850k Series A, India’s FreshMenu raises $16.5 million, while Lok Capital and Aspada Investment Company invest in supply chain tech.
The food waste-to-fertilizer startup is constructing its first commercial scale facility in Sacramento after signing a food supply agreement with a local supermarket.
MGV has revealed its portfolio of agtech investments to AgFunderNews ranging from precision agriculture technologies to life science companies, ag biologicals, and new crops and new business models.
The Israeli sensor and data analysis startup is one of few using dendrometers to measure water stress in plants.
Ag data and analytics technology companies continued to attract investment capital last week with a $5.5m Series A for Farmobile and a $1.2m seed funding round for S4.
Startups focused on food technology, ag biotech, GPS navigation and food e-commerce make up this week’s Fundings-in-Brief.
USAID, the Government of Sweden, the Government of Germany, Duke Energy Corporation, and the United States Overseas Private Investment Corporation have pledged a total of $47m to clean energy projects for agriculture.
The Californian startup is aiming to manufacture alternative dairy products with better nutritional and taste values than others on the market, according to co-founder Dr Neil Renninger.
The Spanish crop protection company raised funding from Monsanto, Middleland, Spanish investment firm Caixa Capital Risc, and biotech company Novozymes, to expand its product line.
This week’s industry news brief includes M&A news, a food e-commerce IPO, weather technology capital raising, a $46m farmland sale, and regulatory developments for the US food industry.
Cultivian Sandbox led the round as Descartes Labs focuses on providing agriculture insights and global crop production forecasts to a range of stakeholders.
goFARM Australia, the agriculture investment firm backed by the Costa Group, drew parallels between SWIIM’s technology and process, and Australia’s well-managed water entitlements system.
Welcome to another AgFunderNews’ Fundings in Brief, including food and agriculture technology funding news and industry insight from the week.
Spensa Tech raised the capital to scale up its pest detection hardware and to develop its software platform.
The meal kit delivery company is the latest food e-commerce company to raise venture funding and comes at the same time as HelloFresh, arguably the leader in the space, plans an IPO.
Singapore and China ventures Honestbee and Womai have joined the food e-commerce boom with $215m in combined funding this month.