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.
The need to engage more effectively with ag scientists and other agtech stakeholders was one of the main challenges cited by UK farmers speaking at the Realizing our Economic and Agricultural Potential conference in Cambridge last month.
What a start to the year! Today AgFunder releases its Midyear AgTech Investing Report (Free Download) and 2015 has already lived up to expectations. Nearly surpassing investment volumes captured during the whole of 2014, the first half of 2015 brought in $2.06 billion of capital across 228 deals.
“These are exciting times, these are challenging times, but the breakthroughs are incredible,” says Erik Andrejko, VP of Science at Climate Corp. When it comes to finding ways to feed our ever-increasing population while combating the effects of climate change, Andrejko sees some clear parameters: “It’s going to be about integrated solutions—integrating information from different sources from different pieces of equipment.
AgFunderNews recently had the opportunity to ask Jack Hemenway of Moss Enterprises, a leading technology education provider to a host of industries including farming, five questions about the future of 3D printing in agriculture and what every investor should know about this exciting new technology.
For many agtech entrepreneurs and innovators, finding the cash flow to get their idea off the ground is the most important step. Here are some of the grants and programs available in the US.
Editor’s Note: AgFunderNews recently had the chance to speak with Gregg Halverson, President of Black Gold Farms. Halverson will be speaking at the Forbes Reinventing America: The AgTech Summit, taking place in Salinas, CA, July 8-9.
Microbiomes are all around us—and even inside us. According to The Human Microbiome Project, tens of trillions of the little cells live on and inside humans. Representing thousands of species, microbiomes outnumber our own cells by roughly 10 to 1.
As we look ahead to the Forbes AgTech Summit later this week, we took a moment to reflect on GAI’s AgTech Week, which took place two weeks ago in San Francisco, to make a few observations on what’s happening in agtech.
Editor’s Note: AgFunderNews recently had the opportunity to speak with The Honorable Joe Gunter, Mayor of Salinas, on the relationship between agriculture and technology both in his home town and around the world.
According to the American Association of Port Authorities, “The United States is served by some 360 commercial ports that provide approximately 3,200 cargo and passenger handling facilities.” Food and farm products, including wheat and wheat flour, corn, soybeans, rice, cotton, and coffee are listed among the leading commodities shipped for domestic and foreign trade through U.S.
As the world population continues to climb, so does the demand for food. With a finite amount of arable land, keeping up on the supply side is a major challenge for farmers located in certain regions of the world.
Earlier today, Kingenta Ecological Engineering Group announced the launch of a broad scale agricultural partnership between Israel and China. Founded in 1998, Kingenta is a Chinese technology enterprise dedicated to the development, production, and marketing of compound fertilizers, slow/controlled -release fertilizers, water soluble fertilizer, and other specialty fertilizers.
Smart irrigation company CropX has announced a $9 million Series A round led by Innovation Endeavors, Finistere Ventures, GreenSoil Investments. Prior backer OurCrowd also participated in the round. CropX uses wireless sensors and big data to help farmers conserve water used in crop growing operations.
Microbial DNA maker Zymergen recently announced a $42M Series A led by Data Collective, with a group of investors participating, including AME Cloud Ventures, Draper Fisher Jurveston, HVF, Innovation Endeavors, Obvious Ventures, True Ventures, and Two Sigma Ventures.
Food retailers have been hot on the trail of new ways to help consumers stock their pantries and refrigerators. Using platforms similar to Amazon, many have turned to the internet to provide shoppers with a digital supermarket and fast delivery.
“Farmers everywhere will tell you that weather and water are the biggest issues,” Travis Bayer, co-founder and Chief Technology Officer at Asilomar Bio. The company recently closed a $3 million Series A round co-lead by Cultivian Sandbox Ventures and Fall Line Capital.
Oakland-based food company Back to the Roots announced this morning that it has closed its first funding round to the tune of $2 million. Fund Good Jobs, an Oakland-based organization designed to increase employment opportunities in the region, led the round.
Middle market businesses holder Compass Diversified Holdings (“CODI”) announced earlier this week that it will acquire Fresh Hemp Foods, which operates under the brand name Manitoba Harvest. Subject to usual closing requirements, the deal is set to be finalized within the next 45 days.
Precision irrigation management provider Hortau announced earlier this week that it has secured $5 million in funding from Advantage Capital Agribusiness Partners (ACAP). ACAP, which holds a Rural Business Investment Company license from the U.S.