Argentine ag blockchain platform ucrop.it raises seed funding
The Buenos Aires-based startup helps commodities buyers to find growers that use certain sustainability practices – while getting growers a better price for their efforts.
The Buenos Aires-based startup helps commodities buyers to find growers that use certain sustainability practices – while getting growers a better price for their efforts.
Up until the last few months, US farmers faced bearish grain markets that have strained revenue potential. But those prices have turned around.
Indigo, which raised $560 million last year, said the layoffs align with its new CEO’s goal “to direct resources to [its] four primary offerings” and “realize their value.”
Delhi-based Arya, which provides grain storage and loans to smallholders, is fintech investor Quona Capital’s second ag finance deal.
The UK-based startup aggregates data from cropfields, on-farm sensors, stores, shipments, and satellites to drive efficiency across the entire agrifood supply chain.
From under-marketing your crop and lowballing yield estimates to ‘fixing’ contracts based on market volatility, here are the biggest mistakes you can make in grain marketing.
Agriculture secretary Sanjay Agarwal told AFN in an interview that India’s new farmer laws are a boost for smallholders and tech entreprenuers alike.
Olam set up a “war room” of top execs to tackle Covid-19’s immediate impact on its business. But it’s counting on digitization as a longer term fix.
The heavyweight list of project owners includes ADM, Bunge, Cargill, COFCO, Louis Dreyfus Company, and Glencore Agriculture.
It “has blown away everyone’s expectations about how fast an agritech startup can grow in India,” hitting $150 million GMV within a year of launch, said investor Mark Kahn.
Hyperledger Fabric tech allowed the agribiz giants to settle a North America-Southeast Asia transaction that would normally take a month in just five hours.
Covid-19 is impacting much more than restaurants and grocery stores; farmworkers, logistics suppliers and more are struggling to keep up and it’s impacting the supply of fresh produce and staples. Here’s a look at the impact on pricing for a few food and ag products.
Investors included Omnivore and Better Capital, along with Omidyar Network India and Sequoia Capital India’s rapid scale-up program Surge.
It’s too soon for blockchain, according to a new trade association that says the industry first needs to convert paper documents in envelopes to a unified digital system.