The question of how farmers and the agtech community of entrepreneurs, investors, and accelerators can work together to build great products is much harder to answer, write Connie Bowen and Sarah Nolet.
The funds will be primarily used to advance Food-X Urban Delivery, SPUD’s shared e-commerce grocery delivery platform that allows multiple third-party retailer partners to provide grocery delivery to customers.
Innova Memphis, a Tennessee-based venture firm, has announced the winner of its first $100,000 Row Crop Challenge powered by AgLaunch as part of the Farm Journal Expo last week. After pitching in the final four, selected from a group of national applicants, Kopper Kutter was voted by a panel of farmers as the lucky inaugural winner.
Augean Robotics, a startup building autonomous farm equipment, and Rogo, an automated soil testing startup, both won awards at Farmers Business Network‘s (FBN) first startup pitch contest last week. Both companies will be featured on FBN Direct Marketplace for free for a year, a platform that connects farmers with exclusive FBN-member discounts from companies farmers know, use frequently and love.
Alltech does not take any equity from the startups and instead focuses on helping them with their business development and route to market, a big challenge for agtech startups. Deadline to apply is December 31, 2018.
Canadian vertical farming systems developer Inno-3B has completed its first seed round of financing at nearly C$6 million ($4.45m).
Located in Quebec and Ontario, the company provides turnkey vertical farming systems for a variety of customers, from researchers, biotechnologists, and small-scale farmers, to regional and multinational producers.
Rajiv Singh, the former CEO of Rabobank North America, writes about FoodShot's search for projects and ideas that utilize the latest in technology, science, and engineering to address the crisis of soil deterioration ahead of the January 8, 2019 deadline.
Zymergen is not wholly focused on agriculture but it’s a significant part of its business and drove early demand for its molecular products that aim to replace petroleum-based products and other environmentally-damaging ingredients with a biological alternative.