The pioneering work of Irish brewers a century ago made today’s big data and artificial intelligence gold rush possible, write Joe Byrum.
Midwest-focused venture capital firm Serra Ventures led the round with participation from Innova Ventures and iSelect Fund.
Agtech companies offering IoT products to farmers have only scratched the surface of a market worth $4 billion in the US, which could be down to a lack of awareness and understanding of what’s available to them, according to a new report.
California-based remote sensing startup Ceres Imaging has raised $25 million in Series B financing from one existing and one new investor, taking the company’s total investment to $35 million.
"Indigo could be a future marketplace for sustainable and biological ag inputs, which could impact my portfolio in a positive way," said one agrifood tech VC.
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.
This is the latest deal among a growing number of agribusiness marketplace startups globally as the trend to take input purchasing and crop marketing online takes hold.
AgNext has created a suite of tools, including hardware and software, to leverage data to improve the efficiency and profitability of farmers and processors.
VanderSat and Swiss Re have been working together for over a year to validate the startups technology and efficacy in making insurance products more precise, and more profitable.
Farm management and agronomy software platform Farmers Edge announced today a four-year deal with major global reinsurer PartnerRe, to bring customized insurance products to its users.
KisanHub targets agriculture enterprises, not farmers like most precision ag services, meaning suppliers, processors, and retailers that own some of their own farmland, but also have a network of contract farmers, are the company's customers.
VanderSat, which joins a growing number of remote sensing startups targeting the agriculture sector, is taking a different approach to others, namely in its use of microwave sensors.
FluroSat uses various remote sensing methods, including satellites, drones, and some aerial imagery, to capture and analyze hyperspectral images of cotton and grain fields to predict disease and help growers make decisions related to crop health.
Uptake was founded on the idea that most commercial equipment, including tractors, comes outfitted with some sensors, but little use has been made of the data they produce.
The round attracted new, lead investment from two large institutional investors: global asset management firm T. Rowe Price and Singapore state fund Temasek.
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.
After starting in the orchards and vineyards more common to its home base, the West Coast, Ceres recently entered the row crop space largely through a partnership with Monsanto's The Climate Corporation.
Farmobile produces a small in-cab unit called a PUC that wirelessly shares machine and agronomic data gathered in the field in real time.
Gro Intelligence is a data product that provides global agricultural data analysis on what CEO Sara Menker says is an unprecedented scale.
For 2017 UN World Food Day the organization is focusing on the challenges that forced migration brings to the world's 500 million smallholder farms.