MissFresh was the highest-funded agrifoodtech startup in China last year, raising $700 million in a debt round from a local government-linked fund, according to AgFunder research.
Few startups can say they’ve had an easy time fundraising this year. But Soplaya says the round it just closed was fast and painless, all things considered.
E-commerce demand has skyrocketed, while local farmers and growers are picking up a lot of the slack in supply chains, says the man in charge of RedMart.
A global pandemic provides the industry with an opportunity to demonstrate not only its staying power but its strong consumer demand, as well.
Covid-19 has wreaked havoc on the restaurant industry leaving many farmers dependent on wholesale accounts without a place to sell harvests.
Trade Me – New Zealand’s answer to eBay – is listing livestock and feed on its auction platform after being registered as an ‘essential service’ provider.
As US consumers show more interest in online offerings, retailers are upping their digital game this holiday season — including food retailers.
AgriTech Capital has just closed a multi-million dollar investment into Germany’s Ag.Supply. The exact amount has not been disclosed on record.
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