Farm management software startups dominate this week’s funding brief, while an alternative dairy and cannabis investment company also raised funding.
It was a busy week for the agriculture sector including anti-Trump CEOs, cannabis legalization, organic farmland increases and GMO bans.
A busy week of fundings includes startups from the biologicals, cannabis, poultry, livestock monitoring, and food delivery sectors.
EAZE is set to account for a large portion of 2016’s funding total for cannabis tech startups after raising $13 million at Series B last month.
A bumper week for agtech fundings includes a diverse mix of cannabis tech, nutrition tech, food e-commerce, weather monitoring, and indoor agriculture.
Applications Open for Olam Prize for Innovation in Food Security The Olam Prize is one of four initiatives launched for Olam’s 25th anniversary in 2014,
Investors are not worried by the DEA’s decision not to loosen federal cannabis regulations and say it’s business as usual for cannabis innovation.
A disturbing video of Tyson employees kicking, punching, throwing, and killing chickens at a “cage-free” facility has been released by an animal rights group. Also this week, the road to federal cannabis legalization was blocked by the DEA.
The cannabis fund, which first launched last year to limited investor reception, is targeting $20 million to $25 million to invest in cannabis technology companies and brands.
Israeli Computer Vision Startup Prospera Closes $7m Series A Prospera, an Israeli startup using computer vision, data science, and machine learning to monitor and analyze
Motorleaf has built a smart and automated indoor farming operating system, consisting of hardware devices and software analytics, for cannabis and produce growers.
California ag biotech company Ceres is facing a shareholder lawsuit challenging the company’s recent sale to major dairy cooperative Land O’Lakes for $17.6 million.
Supreme Pharmaceuticals, a listed Canadian company producing medical cannabis in a hybrid greenhouse, has raised $3.6 million in a private placement.
This week’s fundings-in-brief features over $40m of equity funding into food and ag-related startups.
AgFunderNews caught up with Brendan Kennedy, CEO of Privateer, to talk about international ambitions, raising capital, and focusing on cannabis brands.
Consumer demand for legal cannabis has fueled technological development in the indoor agriculture industry as a whole, according to a new report from Newbean Capital.
Mike Betts, director of investments for AgFunder, shares his thoughts on the development of the indoor ag industry.
Meadow is a Y Combinator alumnus and raised the funding from an impressive line-up of mainstream tech entrepreneurs and investors.
Surterra’s willingness to take on some risk by building its first facility before getting initial license approval last November is one of the main reasons it is the first to start growing cannabis.
Ahead of speaking at the Indoor Ag-Con in Las Vegas in April, Randy Mortensen tells AgFunderNews about the benefits and challenges of LED lighting for indoor agriculture.
