Pontifax AgTech Achieves 2nd Exit as Precision Biosciences IPOs with $870m Valuation
Pontifax AgTech targets returns of three times its investments and sources close to the deal said it is likely the Precision Biosciences exit will come close.
Tag Archives: exit
“Basic Farm Tech Tools Won’t Provide VCs the Exit Returns They Need, So Why Are VCs Still Investing in Them?”
Nolan Paul, Partner at Yamaha Motor Ventures and ex-head of R&D Strategy and Emerging Technology at leading produce grower Driscoll's is offering his thoughts on how the agritech sector is developing ahead of his speaking slot at World Agri-Tech Innovation Summit in San Francisco next month.
Food Delivery Startups Might be Boring, But They’ve Returned 7x in Europe in 5 Years
The first wave of European food tech companies has mostly focused on building technology and logistics platforms to deliver food to consumers. And while the plethora of new food e-commerce options across the globe has caused investor fatigue and failures, the five leading food delivery companies in Europe are now worth seven times more than their combined investment, an awesome feat, according to Niccolo Manzoni, partner of agrifood tech investment firm Five Seasons Ventures.
Nutrien Acquires Agrible for $63m to “Create Ag Retailer of the Future”
Nutrien intends to integrate Agrible's suite of farm management services with its newly branded digital platform as well as continue to grow Agrible's sustainability tracking service for food companies.
The 10 Best Read AgriFood Tech Stories from 2018 So Far
The first half of 2018 is over and it's been an incredible six months for the agrifood tech industry. Here are the 10 best read agrifood tech articles published on AgFunderNews during the first half of 2018.
What is the Prototypical Agtech Exit?
At the closing investor discussion at the World Agri-Tech Innovation Summit in San Francisco on March 21, three agrifood investors concluded that though the exits of 2017 were good to see, they weren’t necessarily as replicable as many may hope.
Agtech Exits: 2017 Activity Generates Cautious Optimism for 2018
No longer distracted by consolidation large strategic players will have more time, and money, to pursue exits in 2018, according to some industry insiders.
![How an Artificial Intelligence & Robotics Startup Got Acquired by John Deere [podcast]](https://i0.wp.com/agfundernews.com/wp-content/uploads/2017/10/shutterstock_685356082.jpg?resize=672%2C372&ssl=1)
How an Artificial Intelligence & Robotics Startup Got Acquired by John Deere [podcast]
In this episode, I speak to Jorge Heraud, the cofounder and CEO of Blue River Technology, a Silicon Valley startup bringing robotics to the farm. Blue River was recently acquired by John Deere, the world's largest tractor company, for $305 million.
John Deere Acquires ‘See & Spray’ Robotics Startup Blue River Technology for $305m
"This is the start of the next chapter in agriculture," says Kiersten Stead from MGV, an investor in Blue River.
Dupont Acquires Farm Management Software Granular for $300m
Granular CEO Sid Gorham will continue to helm Granular while also taking over digital agriculture for DuPont, which includes responsibility for DuPont’s agronomic software business.
Gene Editing Gets Public Market Approval as Calyxt Raises $64m IPO
Calyxt spun out from its parent company Cellectis to price an oversubscribed IPO at the bottom of the price range, while analysts remain concerned about gene editing regulation.
Ag Industry Brief: AGCO Acquires Precision Planting, CropLogic Going Public, Plant-Based M&A, more
New Zealand in-field IoT provider CropLogic is set to go public on the Australian Stock Exchange while Japan’s Otsuka Pharmaceutical Co has acquired Canadian dairy-free, food company Daiya.
Is Food Tech Headed for a Cleantech Correction?
A cautionary tale is quietly making its way around food tech investor communities and conferences. The tale is the story of cleantech.
2 Plant-Based Alternative Meat M&A Deals Provide Exits for VC & PE Investors
A private equity firm and a group of venture capital investors have exited their investments in two plant-based alternative meat companies. The deals were announced within a week of each other.
Agtech Funding (& Exit) Sheet: Observant Acquired by Jain, Winnow Solutions Raises Convertible, more
The year's first exit came from Observant, an early agtech pioneer in the precision water management space. Jain Irrigation acquired the Australian company.
Scotts Miracle-Gro Acquires Oso Tech After Rollercoaster Ride for Startup
It's been a rough ride for Oso Tech and its investors from its founding in 2011 in Urbana, Illinois until now. But the journey culminated in an exit and sale to Scotts Miracle-Gro.
Monsanto’s Climate Corp Makes First Foray into Europe with VitalFields Acquisition
The deal is also the first exit for Monsanto Growth Ventures, the agribusiness’s venture arm which has been investing since the beginning of 2013 and led the $1.2 million Series A round for VitalFields in May 2015.
Want Agtech Exit Data for the Past 10 Years?
We thought that might grab your attention! Please help us to collate a much-needed and much-requested agtech exit data report.
Where Will Agtech Investors Find the Best Exits?
The agtech investor’s journey to exit is still unclear. Here are four routes to exit and their challenges as discussed at the World Agri-Tech Investment Summit.
Monsanto Sells Precision Planting to John Deere, HelloFresh Files IPO, African Ag Investing, more
Welcome to another weekly news roundup with AgFunderNews. One of this week’s biggest stories is machinery giant Deere & Company’s purchase of Precision Planting from Monsanto.