Since 2014, insect startups raised $124 million. Of this, $4.2 million went to companies creating consumer products for human consumption - the rest went to insect farming operations.
The company will soon break ground on a 117-acre property in Boynton Beach, Florida, which contains a 55-acre man-made lake where the firm will operate a “de-coupled” aquaponics system.
Novel farming systems are new methods of farming living ingredients for food and other applications, many of which are traditionally grown outdoors.
According to the founder, Hargol is the only active, commercial-scale grasshopper farm in the world and consumer products customers are clamoring to get this traditional protein source.
Protix farms insects predominantly for animal and aquaculture feed, and has cracked the scalability challenge, according to new investors.
The Good Kitchen, launched last year as Europe's first accelerator program for social startup businesses tackling food issues, will award low-interest loans to the startups to get their businesses off the ground.
Also, John Deere has opened a strategic technology office in the Iowa State University Research Park and Aggrigator launches a Farm to Shelf Marketplace for small farmers to sell direct to restaurants, schools, and grocery stores.
Investment in seafood and aquaculture technology increased 271% compared to the $52 million raised across both 2014 and 2015, but there is still a huge need for technology to bring efficiency and sustainability to the industry.
A meaty industry brief this week includes a lawsuit against larger food companies including Tyson and Perdue, new grant options for food & ag research, India's TIME winner of the year, and a plan to build 100 black soldier fly farms.
Nolet is an advisor to Australian insect-for-feed startup, GoTerra, and here writes about the challenges and opportunities for GoTerra and others in the space.
Insect farming, Big Data technology, soil health products, and a Crowdfund a cow platform are just a few of this week's agtech fundings.
Nicola Kerslake from Newbean Capital and Indoor Ag-Con offers some predictions for the indoor agriculture industry in 2017.
It's been a busy year for AgFunder as our member and subscriber base grew to over 25,000 and we posted nearly 500 articles on AgFunderNews. Here's a look at the year's 10 most read stories:
Venture capitalists are predicting that alternative proteins will replace virtual reality as 2017's new hype. But how will this space play out? We speak to GFI's Bruce Friedrich to try and find out.
A busy week of fundings as the year draws to a close includes food safety technology, insect farming, food waste technology, Indian supply chain technology and more.
The funding comes hot on the heels of AgriProtein, the South African black soldier fly farming company, which raised $17.5 million last month.
This values the company at $117 million making AgriProtein not only one of the best-funded insect farming businesses globally with around $30 million raised to-date but the most valuable, according to its founders.
Catch up on a diversified week of fundings in the food and agtech market as things start to heat up as we approach the end of the year.
The rapper and endurance athlete are likely to endorse Exo's products along with their investment.
The cricket farming startup is keeping its cards close to its chest when it comes to the technology it's building but revealed an interesting line-up of investors.