The Midstream Technologies category in India saw a 2.5X funding increase in FY22, making it one of the country’s most active agrifoodtech investment areas.
The Jakarta-based startup is relying on micro-fulfillment, refrigeration, and last-mile, ‘in-time’ delivery – as well as its 1,000-plus farmer partners – to do it.
The Chengdu startup can “grow into a benchmark enterprise in the industry” thanks to its tech-led approach to transporting farm produce, said one investor.
AFN meets 3 startups bringing more efficiency and sustainability to the agrifood supply chain, with blockchain, coconut husks, and cold storage in the mix.
The Indonesian startup seeks to optimize land and sea transportation, freight forwarding, warehousing, and cold storage for clients including Unilever and Indofood.
The South Korean e-grocer claims to have introduced the first end-to-end e-commerce cold chain in the country, and almost trebled its registered users last year.
The lead investors were Clean Energy Ventures and Skyview Ventures, with participation from Autodesk Foundation, the philanthropic investing arm of multinational software corporation Autodesk.
Building on the positive learnings of the 1st edition, the 2nd edition of FoodTrack by Maersk will commence in November 2018 and Maersk is currently accepting applications from agrifood tech startups to take part.
There is a groundswell of startups and technologies emerging to help smallholders increase efficiencies and hopefully move many from subsistence farming to farming for profit.
Data scientist Alex Woolf and his team used basic science and physics to drastically change the energy cost of one of their California cold storage facilities, and they are on track to generate revenue from their electricity use soon.
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