Tag Archives: corporates

UK Supermarket Sainsbury’s Chews Over What Food Will Be Like in 2169, And It’s Kind of Bonkers

As part of its 150th birthday celebrations this year, the British supermarket giant J Sainsbury has released its Future of Food Report, which chews over what our food systems will be like in 2025, then in 2050 — and finally, with an act of somewhat extraordinary ruminating — in 2169.

The $100m Bayer, Ginkgo Bioworks Joint Venture Has a Name, a CEO, and a Plan

Bayer and Ginkgo Bioworks announced the partnership in September 2017. The partners jointly invested $100 million in the venture, making the deal the second largest deal from an Ag Biotechnology startup in 2017, according to the AgFunder data.

Nestlé Backs New European AgriFood Tech VC Five Seasons Ventures, Launching with €60m Fund

Five Seasons Ventures, a new European VC focusing on agrifood tech investments has launched its first fund, announcing a first close on €60 million ($74.3m). Backers include Nestlé, the European Investment Fund, Fondo Italiano d’Investimento, Bpifrance, and selected family offices and entrepreneurs.

John Deere Obtains Ag Data Transparent Certification Adding New Fuel to the Slow Burning Cert

John Deere is the first major ag player to achieve the certification and though several companies are maintaining their certifications over the years, the program hasn't grown out of the single digits in terms of membership, meaning this move by Deere could have a big impact.