The deal is the latest move for Telus in the agriculture and agtech space.
Smart AG offers a driverless tractor technology to help farmers upgrade existing equipment to tackle time and labor challenges while DOT designs and manufactures ready-made autonomous equipment.
Using different languages to order your food could soon become a moot point at McDonald’s drive-thrus, with the company’s acquisition of Apprente — a two-year-old startup that’s been making impressive strides in voice recognition software.
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.
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.
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
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 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.
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.
No longer distracted by consolidation large strategic players will have more time, and money, to pursue exits in 2018, according to some industry insiders.
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.
“This is the start of the next chapter in agriculture,” says Kiersten Stead from MGV, an investor in Blue River.
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.
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.
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.
A cautionary tale is quietly making its way around food tech investor communities and conferences. The tale is the story of cleantech.
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.
The year’s first exit came from Observant, an early agtech pioneer in the precision water management space. Jain Irrigation acquired the Australian company.
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.
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.
