“As we matured and scaled, people got increasingly nervous about what that could mean for their business.”
The partnership will combine the Farmers Business Network’s customized crop protection plans with Greeneye’s AI-based precision weed spraying system.
The Midstream Technologies category in India saw a 2.5X funding increase in FY22, making it one of the country’s most active agrifoodtech investment areas.
DeHaat says the Series E round will help the company reach break-even profitability within the next 12 months.
With fresh Series B funding, Agriconomie aims to become the European leader in the organics and regenerative inputs market.
The deal strengthens the companies’ business model of selling surplus and ‘ugly’ foods to consumers at discounted prices.
Ghost kitchens operator from Uber founder Travis Kalanick, CloudKitchens, raised a whopping $850m in 2021, including backing from Microsoft.
The Nairobi-based startup – formerly known as Sokowatch – enables informal grocery retailers to restock and finance their stores via its mobile app.
The Kenyan retail platform connects small-scale merchants with FMCG brands and financing options so that they can grow their businesses.
The Californian e-grocer will use the funds to expand its platform, which sells ‘hard-to-find’ Asian and Latin food, household, and beauty items.
The Riyadh-based B2B marketplace said it’ll use the Series A funds for geographical expansion, and to launch new products and verticals.
The Chennai-based startup will use the Series D funds to expand into “aligned” categories including alt-protein, according to CEO Karthik Jayaraman.
The e-commerce platform — which is reportedly exploring an IPO in the US in 2022 or 2023 — said it recently reached 20 million registered users.
The US fresh produce platform will use the funds to “turbocharge our software and services growth and extend our e-commerce reach from coast to coast,” said CEO Mike Xu.
The Santa Cruz, California-based recently raised $100 million in funding for its e-commerce platform that aims to be ‘the Spotify for cannabis.’
The US tech giant also said it’s building “robust temperature-controlled supply chain infrastructure” to preserve food quality and reduce waste.
The e-commerce company said it’ll re-invest its profits into a new ‘non-commercial’ initiative aimed at promoting agtech, digitalization, and rural development in China.
The Barcelona-based company started out as an online store for cut flowers. Since then it has gone B2B and added houseplants to its lineup – and now it’s using tech to revolutionize floriculture.
Zomato, which competes for the mantle of India’s top food delivery app with rival Swiggy, is reportedly valued at $12.2 billion post-IPO.
The trio are using tech to help the world’s poorest farmers improve their yields and increase their incomes.
