Ag insights platform Gro Intelligence is calling it quits after failing to secure enough capital to stay afloat following a turbulent few months, AgFunderNews understands.
Gro did not provide advance written notice of its mass layoffs as required under federal and state law, allege former employees in a proposed class action lawsuit.
CTO James Cariello has been named as the new CEO at the firm, which recently laid off 10% of its staff and has been trying to raise fresh capital through a convertible bond.
“The CEO got all [of the] company [together] in a less than five-minute call and the affected ones were disconnected less than an hour and a half afterwards.”
Tevel is partnering with ag machinery manufacturers and integrating its robots and ground computing software system with harvesting machinery.
Agridex says it’s bringing transparency, connectivity and accessibility to ag value chains and its COO, Henry Duckworth believes blockchain is the solution.
Data Snapshot is a regular AFN feature in which we analyze food and agriculture technology investment data provided by our parent company, AgFunder. Click here for more
EarthOptics, a company based in Arlington, Virginia that provides soil data measurement technologies and services, has secured $27.6 million Series B funding. The round was
Stalling progress and slumping valuations might feel disappointing to many. Heck, these are challenging times. But this could be the best year yet to invest in agrifoodtech.
Evigence is a food freshness sensing and analytics company that counts meal kit company Marley Spoon By Martha Stewart as a client.
Mineral aims to provide foundational and actionable data and analytics for companies across food, agriculture, and technology and it solves for a key issue holding back digital agriculture advancements for years: lacking data.
Vertical farm failure, a SPAC from the father of agtech, GM controversy, indoor farmed wheat, and funding for one of regenerative agriculture’s leaders were the top 5 articles reported on by AFN’s team of reporters in 2022.
We catch up with Benedikt Bösel, managing director of a 3000-hectare farm near Berlin, Germanyv that’s adopting and developing regen ag systems
Ghanaian agrifintech AgroFides is linking farmers to lenders and using its credit scoring tools to build their financial profiles to unlock more financing.
It’s digitalizing Asian and African agribusiness with software that helps mid- to large-size operations manage their data and finances.
Bayer realized it was spending too much time on the logistics of connecting with API partners, writes Leaf’s CEO.
Many advisors who are required to sign off on “prescriptions” for chemical pesticides and other products work for the same companies that make or sell the chemicals, writes Michael Gilbert.
It’s the norm for journalists to be skeptical of corporate partnering announcements. But am I reading too much into this one?
Conservis provided an exit to its investors 12-years after its founding and the “odd” deal showcases a key way forward for digital adoption on the farm.
Agrisolus captures real-time data about a variety of metrics to optimize poultry production and prevent disease in the flock.
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Restoring the soil quickly is key to capturing returns in regenerative agriculture