Roslin Technologies has spun out of the University of Edinburgh and The Royal (Dick) School of Veterinary Studies, to raise £10 million ($12.4m) in funding to commercialize its first products.
Advisory investment group The Mixing Bowl teamed up with Forbes for its New York-based event this year to discuss technology’s role in changing food and farming at scale and consumer food preferences.
A bumper two weeks of funding saw 14 startups raise $184m across on-farm biotech, biotech, satellite imagery, India, 3D printing, including Instacart's $400m Series D. There was also an ag data acquisition in the UK.
TL Biolabs, a startup offering $15 genomic tests for beef and dairy cattle, and the software needed to analyze the results, has raised $4 million in seed funding.
Alltech and its accelerator partner Dogpatch Labs discovered that many startups were not looking for equity investment, according to Alltech CIO Aidan Connolly.
The year's first exit came from Observant, an early agtech pioneer in the precision water management space. Jain Irrigation acquired the Australian company.
Equity investing in just one way TechAccel, a venture development organization, works to accelerate innovation in agriculture.
Nolet is an advisor to Australian insect-for-feed startup, GoTerra, and here writes about the challenges and opportunities for GoTerra and others in the space.
Feeling reflective as we approach the holiday season and the end of 2016? In this week’s podcast, we talk to two food and agtech experts about the trends they’ve noticed in ag and foodtech in 2016.
This values the company at $117 million making AgriProtein not only one of the best-funded insect farming businesses globally with around $30 million raised to-date but the most valuable, according to its founders.
Janette Baynard, founder of the Poultry Exchange, asks why the animal protein sector has not attracted the attention of more entrepreneurs and startups.
FreshDirect's new app will also sell the wares of other food e-commerce startups such as Splendid Spoon and Hungry Root. Mad Agriculture won the Judges' Choice Award at FoodBytes! this year alongside another two winners.
This is Bridges Ventures' second-ever food-related investment and the first targeting an environmental impact outcome.
Kevin Zussman writes about the similarities of the crop protection and animal health industries, and how new technologies are disrupting these markets.
A 40-strong investor coalition including Swedish state pension funds is putting pressure on the world's largest food companies to diversify their protein offerings into more plant-based alternatives.
The only deal in a quiet week for agtech fundings is Agrivida, a biotech startup in the animal nutrition industry. The startup has raised $20.4 million in Series E funding, in a first close for the round.
The Public Sector Pension Investment Board has invested in Allflex, a global animal intelligence and monitoring systems provider.
Engender Technologies, a company that has developed a laser-based method for sexing livestock sperm, last week raised a $4.5 million.
Over $60m of agtech fundings this week include Engender Technologies, Inocucor, WiseRG, Planetary Resources, MastiLine, Chef'd and Kazzit.