We caught up with three foodtech startups at the United Fresh Show to find out how produce distributors, packers, and shippers are adopting new technology.
Tarfin, a Turkish startup providing farmers with credit to purchase the inputs they need each season, has successfully sold its first portfolio to a family office.
Kevin Chen writes about the different methods and technologies being introduced to reduce or eliminate the use of chemical pesticides in farming.
Though Bright Farms' funding hasn't quite caught up to its higher raising counterparts in AeroFarms and Plenty, the greenhouse grower appears to be the closest to being a national brand.
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.
iBio uses highly automated indoor farming methods to manufacture pharmaceutical drugs and, according to Barry Holtz, president, it already has much of the technology that today’s food-growing indoor farms are just starting to develop.
The "precise and predictable outcomes" of Cibus' gene editing technology are "identical to those that could occur in nature, given enough time," argues the company.
Lance Donny, CEO and founder of OnFarm, will become SWIIM’s chief operating officer, helping to integrate SWIIM's water balance monitoring and reporting data into the OnFarm dashboard.
WaterBit's autonomous irrigation solution takes into account the stage of the plant, soil conditions and weather.
The JV with Emirates Flight Catering will involve the construction of a 130,000 square foot facility in Dubai to service all airlines and lounges operational out of Dubai International Airport.
The post-harvest grain market is under tremendous pressure from reduced margins and IoT solutions focused on operational efficiency and grain could make a big difference to operators if they are willing to make the investment, writes Ron Hadar.
These provisions include funding for a new USDA pilot project that will incentivize farmers, through payments, to adopt agricultural practices aimed at improving soil health and sequestering organic soil carbon.
Umitron, an Asian startup using satellite imagery, IoT, and automation to increase the efficiency of offshore aquaculture, raised the funding from the Japanese government and a Japanese venture capital firm.
Finless is focused on culturing higher-end species of fish like salmon and bluefin tuna and expects to be able to sell their product below market price of $100-$200 per pound for bluefin by the end of 2019.
Creadev, the private equity arm of the Mulliez family -- founders of the Auchan chain of department stores in France -- contributed to the round.
The proclaimed dominance of technology over biology by this category of entrepreneurs has left some food safety experts concerned that consumers could be getting the wrong idea and startups may be drinking their own kool-aid.
"I'm a firm believer that you need to address the entire value chain," says Usman Javaid, CEO of Ricult.
Edete is developing a mechanical solution for pollination as an alternative to using bees.