The highs and lows of the food e-commerce space continued this week with Territory raising $6.7m in Series A funding in the same week that Maple closed and sold some of its assets to the UK's Deliveroo.
AgShift, an ag data startup helping farms automate their compliance reporting, also closed a pre-seed round. Online office catering service Platterz and pivoted Indian agri-marketing platform Ninjacart also raised funding.
LoveTheWild, the Boulder-based frozen seafood brand that only sources farmed fish, has closed an undisclosed Series A round of funding with Leonardo DiCaprio and seafood-focused venture capital fund Aqua-Spark.
A bumper two weeks of funding saw 14 startups raise $184m across on-farm biotech, biotech, satellite imagery, India, 3D printing, including Instacart's $400m Series D. There was also an ag data acquisition in the UK.
A biotech company working on improving the consistency and efficiency of cannabis cloning raised seed funding from an impressive array of investors while an Aussie wholesale surplus food marketplace got the attention of impact investors.
A varied week of agtech fundings includes a food waste-to-biofertilizer company, a leading global private equity firm, an Irish startup using artificial intelligence to find healthy peptides, a precision ag software startup, and more.
FreshDirect's new app will also sell the wares of other food e-commerce startups such as Splendid Spoon and Hungry Root. Mad Agriculture won the Judges' Choice Award at FoodBytes! this year alongside another two winners.
After just completing the Y Combinator accelerator program, North Carolina-based satellite imagery startup FarmShots has closed a seed round after attracting local angel investors. Founder Josh Miller said that keeping the investor base local avoided any potential investor demands to move the company to the expensive West Coast.