The Kenyan B2B food distribution company’s combined Series B equity and debt round represents the largest early stage investment in African agrifood tech in 2019 to date.
Robotics startup Starship Technologies closed a $40 million venture round for its cooler-sized delivery robots but some cities are cracking down on autonomous robot testing amid consumer safety concerns.
Bill Gates invests $40 million in livestock health research through a Scottish non-profit, Kroger wants to challenge Amazon with the help of Alibaba, and more in our weekly brief.
A new fund will address the credit gap in the agriculture industry by raising capital from institutional investors and lending to agricultural aggregators like cooperatives, traders, and processors in developing countries and more in our weekly brief.
The number of high-raising food delivery startups that have shuttered in the last two years suggests that even with millions of potential customers within a few miles, online restaurants are a hard nut to crack.
Monsanto Growth Ventures portfolio company Agsolver has sold to a Texas-based agricultural software provider, new hires, and more Aussie IPOs in this week’s brief.
Zesty, the online healthy food delivery service, will use the proceeds for expansion beyond San Francisco after attracting investment from Founders Fund and Index Ventures.
NatureBox, the online delivery service that drops healthy snacks at your door on a monthly basis, reported $30 million in Series C investment. Global Founders Capital
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