This week we spoke with Belgian animal health startup ViroVet to learn more about its mission to tackle health and wellness in the livestock industry with novel vaccine and antibiotic reduction technology.
There is a growing number of dairy tech startups on the market but there are challenges impacting dairy farmers’ ability and desire to adopt these innovative tools.
Bioceres, the Argentinian ag biotech business, is set to list on the New York Stock Exchange (NYSE) early next year through a reverse listing with a company controlled by Uruguyuan presidential hopeful Juan Sartori.
Trace Genomics has built the first scalable soil microbiome test to help farmers predict soil disease, soil health, and crop quality, using high-throughput DNA sequencing and machine learning.
The round coincides with a new partnership with Penny Newman to launch a new soil amendment product onto the market that has the potential to reduce nitrogen application by 30% over 3 growing seasons.
Dutch startup In Ovo has completed a Series A raise with Singapore-based disruptive food system venture fund VisVires New Protein and global specialty chemicals company Evonik.
The startup, which has focused on the cosmetics industry for its first product line is set to develop products for the nutraceutical, food and beverage industries too, such as gelatin, a form of collagen often found in sweets.
Since raising the first round of Series A funding, SafeTraces gained particular traction in tracing tropical oils to determine the sustainability of the sourcing practices, and also tracing ammonium nitrate fertilizers that can be used in explosives.
Equinom, an Israeli startup using computational biology to breed crops with improved characteristics without any genetic manipulation, has raised $4 million in a bridge funding round.
Front Range Biosciences specializes in tissue culture propagation at industrial scale to ensure that it offers growers pest and disease-free stock.
"We’ve been lucky with what's been going on in the agriculture industry with the major acquisitions," Ignacio Martinez from Flagship Pioneering tells AgFunderNews.
“Delivering a predictable and repeatable safe experience is one of the biggest challenges for cannabis edibles often resulting in consumers having a bad experience from consuming too much THC, according to Trait CEO.
BioPhero develops insect pheromones that are used as active ingredients in products to control pests in crops.
Benson Hill Biosystems, the data-led crop genetics discovery and gene editing platform, has raised $60 million in Series C funding in a round led by GV (formerly Google Ventures).
"Trying to be the "new Monsanto" or the "Amazon of Ag" does not work; copying what others have already done is not generally a recipe for disruption," argues Federico Trucco, CEO of Argentine agtech business Bioceres.
The company’s development, called Actiphage, is aimed at a group of diseases caused by mycobacteria, including bovine TB which has already resulted in the slaughter of over 30,000 cattle in the UK and cost the British taxpayer more than £100m
Despite pervasive consumer disapproval, scientists and seed companies have far from abandoned GMOs as a subject of research and development and some new approaches using GM technology could address the more pervasive consumer concerns.
The investment round was led by Viking Global Investors, an American-based hedge fund based in Greenwich, Conn., with participation from Andreessen Horowitz, Upfront Ventures and S2G Ventures.
The plant microbiome research and products company counts the Gates Foundation as an investor.