This round was led by OS Fund, which, according to its website, “finances and supports inventors and scientists who are working on audacious breakthroughs to solve the greatest issues and opportunities facing humanity today.”
AgFunder, AgThentic, and Ag Innovation Development Group have released a new report detailing the 77 different startup resources for food and ag startups.
Kashi Acquires Vegan Snack Brand Pure Organic
Kashi, a business unit of Kellogg’s, has acquired Pure Organic, a maker of organic nutrition bars and fruit snacks. Financial terms were not disclosed.
What a start to the year! Today AgFunder releases its Midyear AgTech Investing Report (Free Download) and 2015 has already lived up to expectations. Nearly surpassing investment volumes captured during the whole of 2014, the first half of 2015 brought in $2.06 billion of capital across 228 deals.
Zesty, the online healthy food delivery service, will use the proceeds for expansion beyond San Francisco after attracting investment from Founders Fund and Index Ventures.
Microbiomes are all around us—and even inside us. According to The Human Microbiome Project, tens of trillions of the little cells live on and inside humans. Representing thousands of species, microbiomes outnumber our own cells by roughly 10 to 1.
Editor’s Note: AgFunderNews recently had the opportunity to speak with The Honorable Joe Gunter, Mayor of Salinas, on the relationship between agriculture and technology both in his home town and around the world.
Food retailers have been hot on the trail of new ways to help consumers stock their pantries and refrigerators. Using platforms similar to Amazon, many have turned to the internet to provide shoppers with a digital supermarket and fast delivery.
Following the heals of Delivery Hero’s recent $110M funding announcement, two additional online food delivery companies have announced the close of respective funding deals. Blue Apron, a New York-based meal delivery service, recently sealed a $135M Series D funding deal led by Fidelity Management and Research Company.
Oakland-based food company Back to the Roots announced this morning that it has closed its first funding round to the tune of $2 million. Fund Good Jobs, an Oakland-based organization designed to increase employment opportunities in the region, led the round.
Berlin-based Delivery Hero announced recently that it has secured an additional $110 million in funding from two unidentified U.S.-based “leading public market investors.” This recent funding round brings Delivery Hero’s total investment deals to over $1 billion, with almost $600 million of those funds secured in 2015 alone.
Stevia First announced that it has entered into a private placement securities purchase agreement with institutional investors in the aggregate amount of $1.5 million, with Stevia First’s common stock selling at $0.30 per share.
Tuscon, Arizona based Grannus closed a $2 million Series A round from an undisclosed investor, the company announced on April 15th. The company produces nitrogen fertilizer.
Grannus was formed in 2012 to commercialize their process of developing nitrogen fertilzer.
Algal Scientific, an algae-loving Plymouth, MI based company, closed a $7M Series B round on March 31st, receiving investments from Formation 8, Evonik Industries and Independence Equity.
Imagine a bunch of skinny jean-wearing hipsters sitting in a well lit studio above a Cambridge coffee shop adorned with minimalist artwork, drafting the next greatest amalgamation of styles of sofa bed, ready to wow the pants off the world of industrial design.
Native Traits, a Michigan based bio tech company, has received a $250,000 commitment from Northern Michigan Angels investment group. Founded in 2013, Native Traits set up shop in Kalamazoo and specializes in the utilization of proprietary NT Recovery technology to isolate the traits that make heirloom corn more capable of enduring drought and more tolerant of hot and cold temperatures.
Venture Beat is reporting that Soylent, a meal-replacement startup, is raising $10 million lead by investor Andreessen Horowitz. According to Re/Code, Soylent has previously raised $1.5 million in funding from Lerer Hippeau Ventures and Andreessen Horowitz.
Hampton Creek has just announced a huge $90 million Series C financing led by Li Ka-Shing’s Horizons Ventures and Khosla Ventures. This comes just ten months after a $23 million Series B was announced in February, bringing their total funding to $120 million.