One of the criticisms laid at the door of agtech startups is that they doesn’t interact enough with the farming community they are trying to serve.
An Australian farmland fund joined a drone company, microbe manufacturer, consumer products, and food e-commerce startup to raise funding and highlighting the diversity of the ag investment space.
*Update: Strider has disclosed the participation of Qualcomm Ventures and the size of its $3 million Series B funding round. This article was originally published on May 5, 2016.
AgEagle was one of the first drones companies in the agriculture sector. It’s also the second most popular drone manufacturer for clients of software company DroneDeploy.
The agribusiness, which is already a PrecisionHawk customer, has invested a small amount in the drone company’s Series B round.
The drone technology company is the first ag-related investment for Yamaha Motor Ventures, which was joined by Verizon Ventures, NTT Docomo, and USAA as new investors in PrecisionHawk.
Capital raisings for predictive food industry forecasting company Fiddlehead, drone tech company PrecisionHawk, and food hyperlocal marketplace contribute to this week’s funding-in-brief.
The agricultural drones market is flying. A new report from RnR Market Research states that it’ll be worth nearly $3.7 billion by 2022. DroneDeploy also reported that it’s its largest commercial sector for DroneDeploy.
A busy week of fundings includes wastewater treatment tech, drones, satellite imagery, food e-commerce, precision agriculture, and biopesticide startups.
Michigan’s Great Lakes AgTech Business Incubator is pursuing a slightly different model to other incubators.
2015 surpassed our mid-year expectations raising $4.6bn across 527 deals and representing 94% year over year growth.
MicaSense’s $7.4m investment from a drone company and Label Insight’s $10m Series B investment from a global accounting firm are just two of this week’s Fundings-in-Brief.
Drones across industries raised this funding, according to CB Insights, while growers debate the efficiency of the technology for agriculture.
AgFunderNews speaks to a fruit grower, a precision farming technology company and producer of the Precision Farming Expo about developments in the space.
The firm’s fourth fund is expecting to announce a first close on $75m in early 2016.
Welcome to another addition of AgFunderNews’ weekly roundup. Drones are back in the news, PE investors exited a Scottish shellfish company and an organic frozen fruit brand for $600m, and the World Bank’s IFC has invested in BigBasket.com
Drones are a hot commodity for many farmers and agribusinesses, but the regulations surrounding their use commercially are still murky and cause for confusion.
The recipient of $2m in angel financing last week, HUVRData, drone-based data analytics company, has now officially launched as a service for agriculture, wind farms, solar farms and the oil and gas sector.
Aerobotic Innovations, a drone control and safety application, announced recently that it has partnered with Packet Digital LLC to offer new products that will combine
Drone technology developer DJI recently announced a $75 million investment deal with Accel, a global venture capital firm. The deal constitutes one of Accel’s
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International Fresh Produce Association launches year 3 of its produce accelerator