Europe's agrifood tech ecosystem raised just 9% of the funding that went to foodtech and agtech startups globally in 2018. But deal activity increased 23% as agrifood tech startups in the region closed a similar number of deals as in the US.
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.
You may have seen The Production Board crop up on a few agrifood tech investments, but there's little publicly-available information about the investment holding company founded by David Friedberg. Until now.
Kansas City-based angel investment firm iiM (Innovation in Motion) has invested in a variety of early-stage agrifood tech startup companies covering everything from a bio-based plastic alternative to oral vaccines for livestock and companion animals.
The new facility will be automated from seeding to growing to harvesting featuring handling robotics, artificial intelligence, data analytics, and around-the-clock monitoring sensors and control systems to optimize every aspect of growing produce indoors.
US pharmaceutical company Merck has acquired digital livestock and animal health tech company Antelliq Group for €2.1 billion ($2.37 billion).
Antelliq manufactures sensors for animals, including ear tags for dairy cows through a product called Allflex that can monitor cows’ activity and provide traceability.
Bioceres, the Argentinian ag biotech business, is set to list on the New York Stock Exchange (NYSE) early next year through a reverse listing with a company controlled by Uruguyuan presidential hopeful Juan Sartori.
Dutch startup In Ovo has completed a Series A raise with Singapore-based disruptive food system venture fund VisVires New Protein and global specialty chemicals company Evonik.
"We’ve been lucky with what's been going on in the agriculture industry with the major acquisitions," Ignacio Martinez from Flagship Pioneering tells AgFunderNews.
Building on the positive learnings of the 1st edition, the 2nd edition of FoodTrack by Maersk will commence in November 2018 and Maersk is currently accepting applications from agrifood tech startups to take part.
The government of President Mauricio Macri, who took office in 2015, is working hard to open up its markets and attract investment from overseas and the agriculture and venture capital industries are a key part of that policy.
We caught up with former Whole Foods co-CEO Walter Robb to find out what the view of the food tech gold rush of recent years looked like from the grocery floor and what's on his mind as he shifts from CEO to advisor and investor.
Tom Mastrobuoni, CFO of Tyson Ventures, speaks in-depth about the company's targeted investment areas and the rationale for investing in Beyond Meat, Memphis Meat, Future Meat, Tovala and FoodLoqiQ.
It is understood that Mavrx ran into some financial and operational difficulty in recent months and was not able to service its clients for the upcoming growing season despite providing a popular product with a 90% customer renewal rate.
We caught up with farmland investor Shonda Warner to find out where frustrations with agtech startups start for farmers, and what low commodities prices mean for tech startups.
Monsanto Growth Ventures, the venture arm of Monsanto, has lost all of its dedicated staff after former managing director John Hamer, former investment director Kiersten Stead and former principal Ryan Rakestraw all left within a month of each other.
We caught up with Carlos Kokron, vice president and managing director at Qualcomm Ventures to find out how the corporate VC manages such an international portfolio of investments and where it's looking next for growth.
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.
