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.
This Thanksgiving, we at AgFunder are thankful for our portfolio companies. Over the last year, we have invested in transformational food system companies, operating across the supply chain, from farm to fork.
On our mission to democratize venture capital and increase investment in the food and agriculture industry, our fund is open to accredited investors as well as institutional investors, and we already have commitments from both.
With its sensor technology, Phenospex aims to get around the constraints of existing sensing options such as RGB and multispectral cameras, to address the over-use of chemicals and fertilizers in industrial farming.
The AgriFood News Aggregator features headlines from around the globe collected on AgFunder’s news sharing platform #feedit each week. Have news to share? Post it here and engage, share, and debate with your peers.
The round was led by Russian venture capital firm Sistema VC with new investment from online venture capital platform AgFunder, UK VC 7percent Ventures, early-stage tech VC Acequia Capital, and industry veteran Henk Bles.
The AgFunder platform has built a powerful, global network and we’ve had the good fortune to get to know some of the industry’s most successful entrepreneurs from the beginning of their journeys. Going forward, we will be leveraging the AgFunder platform to invest in other bold and exceptional founders who are committed to building the next generation of agrifood tech companies that will transform our food and agriculture system.
Our evergrowing global subscriber base of agrifood tech entrepreneurs, venture capital investors, agrifood corporates, governments, and enthusiasts means that we have an incredible amount of expertise in our 45,000-strong network.
Twenty Seventeen has been quite the year for the agrifood technology startup scene, with some of the largest-ever funding announcements on record. And we've been pretty busy at AgFunderNews too, nearly doubling our member and subscriber base to 55,000 and posting over 450 original articles.