We’ve all felt the impacts of climate change this season but they’re especially pronounced in Africa; of the 20 nations ranked as most vulnerable to climate change, all but four are African. Meanwhile acute food insecurity has dramatically increased in the past year.
As smartphones have proliferated and technological advancements have enabled more transparency around agricultural products and pricing, farmers are gaining more trust in online tools as a means to do business and improve their finances.
Combining their expertise in agriculture supply chains and capital markets, husband and wife team Aline and Fabricio Pezente faced some challenges raising funding in the early days.
Silo will use the Series C funding and new bank partnership to advance its workflow automation and fintech platform for the produce industry.
Startups in the Ag Marketplaces & Fintech category raised $191 million in 2022 to bring more efficiency to the agrifood supply chain.
Agribusiness marketplaces & fintech and eGrocery were the top investment categories for Latin America agrifoodtech in 2022.
Latin American agrifoodtech startups hoping to scale their solutions can now apply to the GLOCAL Game Changers LatAm Series 2023.
All continents except Africa recorded an over 30% decline in agrifoodtech investments in 2022.
For many startups, the challenge isn’t getting a first round of funding; it’s getting the kind of funding that can truly propel growth.
With a fintech platform and food prescription program, About Fresh is making food accesiblity a reality for more Americans.
Despite an overall increase in agtech adoption, farmers around the world still lag in terms of adding new sustainability practices to their operations.
FoodInsure’s Ahmed Umar wants to offer a path to food savings insurance while connecting Nigerians with smallholder farmers and cheaper food prices.
The Africa Agrifoodtech Investment Report 2022 by AgFunder, FMO and BII reveals that $482.3 million was invested into the agrifoodtech industry in 2021
Smaller-sized farmers in Mexico have no access to credit. Verqor wants to change that by digitizing more of the country’s ag operations.
A new report by Graze indicates that agrifintech claimed almost 1% of the $600 billion in total worldwide VC investment last year.
Bushel Wallet aims to digitize, speed up, and simplify the process of moving payments between farmers and agribusiness partners in the US.
Agri fintech startups raised $1.6bn in 2021 across 93 deals. Here the report author digs into two more trends: a booming Africa and stilted Europe.
It will use the Series B funds to grow its fintech platform which simplifies commodity hedging for farmers and food businesses.
Eastern and Southern Europe have recently seen the entry of Tarfin and Agro.Club, two agri-fintechs that are expanding into new markets. These regions have sufficient data availability which can be used to localize risk algorithms. They also have a large population of small to medium-sized farmers.
Fund II will invest in ag biotech and digital solutions up and down the agrifood value chain, from fintech solutions to crop science and animal health.
