Eric and Wendy Schmidt’s nonprofit just announced $47.3 million in funding for five US-based teams converting biomass into useful products.
Agrifoodtech startup investment has hit its lowest point in six years as a result of fewer and smaller deals.
For the second year in a row, the sector saw an increase in VC investment despite an overall decline in agrifoodtech funding.
Biowaste to biofuel. Ag Robotics. Cow collars. Here’s a sneak peek at the top 20 agtech rounds, based on preliminary data from AgFunder.
Despite a bleak backdrop of war, supply chain issues and climate change, startups in Eastern Europe and the Baltics continue to innovate.
Nexus PMG has raised a $50 million growth equity round to expand its infrastructure advisory business to investors and developers creating projects that convert waste into everything from fuel to animal feed.
S2G will provide funding for startups in capital-intensive, asset-oriented industries including agriculture, energy and oceans.
The macro headwinds startups face right now are also driving more interest in agrifoodtech as a solution to some of today’s most pressing climate issues.
India is by far the region’s most advanced farmtech ecosystem, while a Chinese agricultural drone service raised the biggest farmtech round in 2021.
Bolt Threads leads the category, followed by several other startups developing biomaterials to replace animal- and petroleum-based fabrics.
SHO safflower produced Down Under is “a quantum leap ahead for farming [that] benefits growers, industry, and consumers,” said GO Resources’ David Hudson.
The company says its technology is transforming poultry production by turning a cost center — dealing with waste manure — into a source of fuel, thereby driving farm profitability through reduced energy bills.
Drone delivery, GMO labeling, antibiotics in cows, agtech startups joining accelerators, new hires, and food safety are some of the issues covered in the weeks’ industry brief.
Today BEE, a Mexican-American agricultural venture development firm, comes out of stealth to launch an end-to-end agriculture platform for emerging markets.
Michigan’s Great Lakes AgTech Business Incubator is pursuing a slightly different model to other incubators.
Food waste costs the US economy over $200bn a year, but there’s lots of opportunity to get involved in its reduction, according to a new report instigated by the Fink Family Foundation.
Cool Planet, the biocarbon and biofuel producer, has raised $9 million in extra funding to commercialize its soil amendment product CoolTerra, which just earned a USDA Certified Biobased Product Label.
USAID, the Government of Sweden, the Government of Germany, Duke Energy Corporation, and the United States Overseas Private Investment Corporation have pledged a total of $47m to clean energy projects for agriculture.
Harvest Power wants to develop the organic food waste sector in the US through the expansion of its anaerobic digesters and consumer-facing soil supplement products.
The agribusiness has created a nutrition system for livestock producers and has donated to an educational project at a dairy farm pursuing innovative and sustainable practices.
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Restoring the soil quickly is key to capturing returns in regenerative agriculture