Stable raises $60m to help farmers manage food price volatility
May 26, 2022
It will use the Series B funds to grow its fintech platform which simplifies commodity hedging for farmers and food businesses.
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Tag: commodities
Inflation, supply chain challenges drove Q1 2022 growth for crop genetics company Benson Hill
May 23, 2022
Consolidated revenues for the St. Louis, Missouri-based crop genetics company increased 191% to $92.4 million for the quarter.
Food inflation 101: What agrifoodtech players need to know about the coming crisis
May 19, 2022
War, pandemic, and climate extremes are causing “apocalyptic” food price rises that could “tip tens of millions of people… over the edge.”
EXCLUSIVE: Solis Agrosciences launches to accelerate ag biotech startup innovation
May 16, 2022
The US-based company provides ag biotech startups with many of the complex processes and equipment required to grow genetically engineered plants at scale.
GRDC’s new Tekfarm program seeks global agtech solutions for Australia’s grains sector
May 11, 2022
It’s scouting the globe for tech startups and solutions that can take the country’s world-leading grains industry to new heights.
Cargill family members added to world’s richest list amid rising food prices
April 19, 2022
The Cargill-MacMillan family, which owns about 87% of Cargill, has seen its fortunes soar as global commodity prices hit all-time highs against a backdrop of pandemic, war, and economic uncertainty.
The Ukraine crisis shows climate stability & biodiversity are crucial to long-term food security
April 12, 2022
The crisis in Ukraine has damaged an already weakened post-Covid global food system. It has also highlighted the vulnerabilities of that system’s interconnectedness, write FAIRR’s Helena Wright and Alexander Burr.
Here’s how the CEOs of Bayer, Cargill & 2 agtech startups would spend Elon Musk’s $6bn for world hunger
February 15, 2022
Local language services for farmers, enhanced capital access, and regenerative ag are just some of the options.
Through microfinance, AgroCenta is developing end-to-end solutions for Ghana’s smallholders
February 10, 2022
It’s the startup behind grain trading and logistics platform CropChain and financial services provider LendIt.
Brief: USDA commits $1bn to ‘climate-smart commodities’
February 8, 2022
The agency will fund pilot projects to produce commodities “using farming, ranching or forestry practices that reduce emissions or sequester carbon.”
With $60m in fresh funding, Arya is eyeing a $20bn slice of India’s grain market
January 20, 2022
It’s boosting farm incomes and reducing food waste by providing logistics, warehousing, and financing solutions to small-scale grain growers.
Q&A: AFEX’s $100m bond aims to unlock climate-smart capital for Nigeria’s ag sector
January 14, 2022
The Food Security Fund will be used to finance 250,000 hectares of commercial and smallholder farmland in Nigeria for climate-smart production.
Nigeria’s Grocedy is fighting food inflation with grocery subscriptions
December 23, 2021
E-grocery exploded during the Covid-19 pandemic. In Nigeria, Grocedy’s focus is on helping consumers save on rising food costs rather than shopping convenience.
Agrifoodtech innovation doesn’t happen in the boardroom, but in the field: Thai Wah CEO
November 26, 2021
Ho Ren Hua also announced the launch of Thai Wah Ventures, which will invest in startups working across agritech, supply chain, bioplastics, and novel ingredients.
TreeDots nets $11m Series A funding for its food surplus marketplace
November 11, 2021
It leans on the community group-buying model popularized in China, allowing consumers to form teams in order to make bulk buys on its platform.
Agricorp is spicing things up for Nigerian farmers following $17.5m funding
October 18, 2021
The Lagos-based startup is connecting local smallholder farmers to the international spice markets.
Bushel acquires Cargill & ADM’s GrainBridge
October 12, 2021
The acquisition brings added data analytics capabilities to Bushel, which it says will help farmers and facilities make more profitable decisions.
Brazil’s Solinftec launches digital grain trading tools in US, Canada
August 23, 2021
It’s one of a handful of tech companies that are trying to digitalize the grain trading industry – much of which is still paper-based.
Ag commodities platform Tridge scores $60m Series C funding
July 12, 2021
The South Korean startup will set up packing and warehousing facilities in 50 “strategic” countries while hiring to expand its engagement, fulfillment, and platform development teams.
TradeCafe raises $7.9m to expand its online marketplace for protein commodities
March 8, 2021
The Toronto-based startup is hoping to digitalize an antiquated industry that relies on middlemen to broker deals between buyers and sellers.
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