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Both Walmart and Nestle are getting into new technologies while Florida citrus growers get some relief and the cannabis industry gets some M&A, plus more in our weekly brief.
Indoor farm Plenty makes plans in China while startups merge and launch new products in this week's brief.
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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.
The Irish company will launch the first food ingredient discovered using artificial intelligence next year.
As the hype fades and more growers test out drones on their own operations, what they really want from drone-focused technology is becoming clearer and raising the bar for startups in the field.
The AI-enabled ag sensor and IoT startup now offers an end-to-end microclimate sensing and predictions service for land-based crops as well as aquaculture.
Zume is one of just a few startups creating solutions for restaurants to use in-house compared with the rest of the agrifood tech sector, but could the tide by changing as high profile investors come into the space?
Deere & Company announced plans to acquire Blue River Tech for $305 million last week as the next step in its quest to build autonomous equipment for agriculture.
Computational biology startup Benson Hill Biosystems (BHB) has launched a new gene editing tool to provide an alternative to existing tools, including the high-profile CRISPR Cas9.
"This is the start of the next chapter in agriculture," says Kiersten Stead from MGV, an investor in Blue River.
Dr. Naira Hovakimyan describes some of the inherent challenges in applying data analysis to agriculture and offers some thoughts on the solution for the digital agriculture industry going forward.
The round sees iUNU come out of stealth for the first time since pivoting from a plasma lighting business to greenhouse tech.
Israeli digital ag startup Prospera has raised a $15 million Series B round for its end-to-end internet of things platform using AI and computer vision for indoor and outdoor farms.
We caught up with Ally Monk, CEO of motorleaf, a few months after the business raised a $1.1m seed round of funding, to get an update on how the business is progressing.
Hortau was a finalist in the Best AI Product in Agriculture category along with ag robotics company Abundant Robotics. Ag data startup Prospera won best AI product in agriculture, as well.
Founder Irving Fain told AgFunderNews that the first priority for the new funds will be staffing up.
The first artificial intelligence (AI) enabled augmented reality crop management system may be coming to an indoor farm near you very soon, according to Ryan Hooks of Huxley.
What exactly does the buzz phrase precision agriculture mean, and how is technology enabling it? Remi Schmaltz takes a closer look.