With herbicide resistance on the rise, Moa Technology wants to “replenish the toolbox” available to farmers, says CEO Virginia Corless.
“We have additional insecticide candidates at earlier stages in our pipeline, as well as our first fungicidal candidates,” CEO Anna Rath tells AFN.
It’ll expand manufacturing capacity at its Florida facility to bring its ag biofertilizer product to more farmers across North America.
Nigeria’s ThriveAgric and Kenya’s Apollo Agriculture raised close to $100 million between them this week in a watershed moment for African agrifoodtech.
Sound Ag claims the pilot could cover 3 million farm acres, reducing up to 350,000 metric tons of carbon dioxide equivalent per year, by 2027.
The Jakarta-based startup links sellers of fertilizers, seeds, and other inputs with local ag stores that serve smallholder farmers across Indonesia.
Startups developing biological crop inputs secured a total of $892 million in funding last year.
The Kenyan agtech venture is helping small farmers shift toward sustainable commercial farming with access to seeds, finacing and markets.
The fund will offer discounted loans to growers who implement regenerative farming practices to improve soil health and nitrogen management.
The biological inputs market is predicted to grow at a CAGR of 11.9% over the next five years, compared to chemicals’ 3.7%, according to recent market research.
The Raleigh, North Carolina-based startup captures and screens microbes found in the natural world to identify apt candidates for pest control and crop protection.
The Netherlands startup is using CRISPR to perform non-transgenic genome edits on plant varieties – in addition to developing nanotech-enabled delivery of crop inputs.
The Berkeley, California-based startup said it’ll use the capital to “rapidly” scale its US business while expanding its global presence and releasing new nitrogen fixation products.
It could file its prospectus – seeking to raise a reported $10 billion at a $60 billion valuation – as soon as next week.
“We’re looking forward to combining [Ginkgo’s] genome editing and fermentation capabilities with our chemical technologies and industry insights in health and crop sciences,” said Sumitomo Chemical CTO Hiroshi Ueda.
The Paris-based startup offers AI-powered hardware that can be mounted onto the roof of a tractor, sprayer, or spreader to automate operations.
“If I tell suppliers I have 25% of retailers on my platform, that’s a very solid proposition compared to 5% of farmers,” Agrim co-founder Mukul Garg tells AFN.
The Pennsylvanian startup makes RhizoSorb, which can be deployed as a fertilizer additive or soil amendment to improve crop uptake of phosphorus and other nutrients.
It’s one of the first agrifoodtech exits of 2021.
The Costa Rican startup tells AFN about its experience of raising capital in its home country.
I’m drowning in new food! Can someone please restructure me out of this mess?