Bayer CropScience and Ginkgo Bioworks, a startup genetically engineering microbes for the flavor, fragrance, and food industries, have partnered with hedge fund Viking Global Investors to invest $100 million in a new, as yet unnamed agtech startup.
Deere & Company announced plans to acquire Blue River Tech for $305 million last week as the next step in its quest to build autonomous equipment for agriculture.
Impossible Foods estimates that the new Oakland plant will be able to produce one million pounds of burgers per month, farms prepare for Hurrican Irma, and more.
Distribution of the product will focus on the US, Canada, and Argentina, where NewLeaf has been successfully piloting the product for three years.
In just the past few years, several food and agriculture companies have found themselves contending with activist investors.
While a number of outside investors have been great assets to our industry, many others have been a net negative for agriculture, writes Jim Budzynski.
For a large, global agribusiness operating across continents and agricultural commodities like Olam International, accessing detailed information about the people and operations supplying the business, is a struggle.
Cargill has been relatively quiet in the agtech startup space but has partnered with an Israeli startup on a real-time forage analysis platform for dairy farmers.
Located at Harper Adams University, the Agri-EPI Centre is the first of four agritech innovation centers under the UK's agritech strategy that are being jointly funded by the ag industry and the government.
There are an increasing number of large food companies seeking to stay on top of new technologies and innovations by engaging with startups, many through food incubators.
Whole Foods' acquisition by Amazon is a chance for them to restore the best part of the business, with technology and innovation as the driving force, writes Emma Cosgrove.
It would be hard for the large multinational food companies to ignore the rapid innovation taking place in their industry.
With technology set to disrupt the food & beverage industry, it’s becoming clear that, for companies that wish to survive, change is not an option, write sustainability consultant Tod Christenson.