Editor’s Note: AgFunderNews recently had the chance to speak with Gregg Halverson, President of Black Gold Farms. Halverson will be speaking at the Forbes Reinventing America: The AgTech Summit, taking place in Salinas, CA, July 8-9.
Editor’s Note: AgFunderNews recently had the opportunity to speak with The Honorable Joe Gunter, Mayor of Salinas, on the relationship between agriculture and technology both in his home town and around the world.
Microbial DNA maker Zymergen recently announced a $42M Series A led by Data Collective, with a group of investors participating, including AME Cloud Ventures, Draper Fisher Jurveston, HVF, Innovation Endeavors, Obvious Ventures, True Ventures, and Two Sigma Ventures.
Aerobotic Innovations, a drone control and safety application, announced recently that it has partnered with Packet Digital LLC to offer new products that will combine their respective state-of-the-art software and hardware technologies.
Idaho is the latest state to announce a new agtech event, among a slew of local, national and international events cropping up across the globe.
On June 16, 2015, Idaho will host its first-ever AgriTech summit featuring local agricultural and technology sector leaders.
Aspiring ag entrepreneurs: Have a good idea but no money to start? Listen up; there’s a contest for you.
Syngenta is going to be giving away a total of $50,000 to those who want to start bringing their ag-ideas to reality.
The Mosaic Company keeps getting bigger.
The Mosaic Company has announced it has acquired a fertilizer distribution business in Brazil and Paraguay for $350 million. Archer Daniels Midland Company previously owned the fertilizer business, and the purchase price assumed the delivery of $150 million in working capital at closing.
This week, bacteria are bringing in the big bucks.
On Monday, BioConsortia, a New Zealand-based and US-funded ag biotech company, announced it raised $15 million in a Series B.
Thanks to a recent $100 million investment, you might soon reduce CO2 by driving a car, and increase crop productivity by using a carbon-negative soil.
Cool Planet Energy Systems, a company producing green biofuels and ag-products, has raised $100 million in a Series D financing.
China’s largest grain trader China National Cereals, Oil and Foodstuffs Corp, or “COFCO,” and mainland private-equity firm Hopu Investment Management Co. have agreed to pay $1.5 billion for a majority of shares from the agribusiness sector of Noble Group Ltd., a Singaporean supplier of agricultural and energy products.
“It’s particularly rewarding to play a role in facilitating the sustainable recapture of high quality food nutrients so close to home,” said Brad Marchant, CEO of Enterra.
Wednesday morning’s announcement of a Series A funding in the ag space tells us that while developing commercial robots may have a high price tag, investors are betting it will provide an even higher reward.
Forbes says we’re putting our money where our mouth is, and they’re right! We’re excited to share our story, and we owe a big thanks to Forbes’ food and tech writer, Danielle Gould.