Tag: M&A

FoodChain ID acquires food tester Diversified Laboratories, As You Sow scores 14 food corps on pesticide residues

November 18, 2019

Diversified Labs can identify over 600 pesticides, PCBs, dioxins, antibiotics, mycotoxins, and other chemical contaminants found in food, according to the company.

AgTech Exits: Raven Industries acquires two driverless tractor startups

November 7, 2019

Smart AG offers a driverless tractor technology to help farmers upgrade existing equipment to tackle time and labor challenges while DOT designs and manufactures ready-made autonomous equipment.

Adama acquires Peruvian crop protection company AgroKlinge to target large-scale farmers in the region

October 30, 2019

Adama is hoping to gain a stronger foothold in Peru’s agricultural market and to target large-scale industrial farmers with the acquisition.

As Minneapolis tries to ban drive-thrus, McDonald’s tries to automate them

September 12, 2019

Using different languages to order your food could soon become a moot point at McDonald’s drive-thrus, with the company's acquisition of Apprente — a two-year-old startup that's been making impressive strides in voice recognition software.

Indigo Acquires Satellite Imagery Startup TellusLabs for ‘Living Map of World’s Food Supply’

December 13, 2018

Indigo Agriculture, the microbial ag products startup-cum-agribusiness marketplace has acquired TellusLabs, a startup using satellite imagery to monitors the world's croplands.

Food Delivery Startups Might be Boring, But They’ve Returned 7x in Europe in 5 Years

October 31, 2018

The first wave of European food tech companies has mostly focused on building technology and logistics platforms to deliver food to consumers. And while the plethora of new food e-commerce options across the globe has caused investor fatigue and failures, the five leading food delivery companies in Europe are now worth seven times more than their combined investment, an awesome feat, according to Niccolo Manzoni, partner of agrifood tech investment firm Five Seasons Ventures.

China’s Tech Giants Drive $1.8bn Investment in Chinese AgriFood Startups – new report!

September 25, 2018

The fledgling startup industry looks different to other global markets with the vast majority of innovation and investment ($1.7 billion) taking place downstream; but China’s agrifood startup scene has something the US market does not.

Inscripta Acquires Former Illumina Team via Solana Biosciences to Commercialize Gene Editing Tools

September 5, 2018

Solana was founded in 2017 by a team of former employees of Illumina, the leading genetic tools provider, which guided the launch and production of hundreds of products – including market-leading DNA sequencing solutions.

Precision Seeding Company Clean Seed Acquires Harvest International for $13m

July 17, 2018

“The deal had several appeals for us. The driving corporate appeal is it puts Clean Seed into the planter market in the US,” Graeme Lempriere, Clean Seed’s president & CEO, told AgFunderNews.

The 10 Best Read AgriFood Tech Stories from 2018 So Far

July 5, 2018

The first half of 2018 is over and it's been an incredible six months for the agrifood tech industry. Here are the 10 best read agrifood tech articles published on AgFunderNews during the first half of 2018.

SWIIM System Acquires OnFarm to Integrate Water Data into Dashboard

June 26, 2018

Lance Donny, CEO and founder of OnFarm, will become SWIIM’s chief operating officer, helping to integrate SWIIM's water balance monitoring and reporting data into the OnFarm dashboard.

The Future of Venture Capital at Bayer-Monsanto: It’s Complicated

June 6, 2018

A few details about the future of venture capital at the new integrated Bayer have emerged, but according to Bayer Crop Science CEO Liam Condon, firm plans are still months away.

Bayer is Not Shying Away from Monsanto’s Controversies with Post-Merger Exec Team

May 16, 2018

Bayer, through Condon, has indicated that it is aware the merger presents an opportunity to reset public opinion about controversial technologies like GMOs and Dicamba, but the executive announcement last week suggests a complete overhaul is not in the cards.

Bayer CropScience CEO Discusses Post Monsanto Merger Innovation Strategy

May 8, 2018

As the eventual conclusion of Bayer’s acquisition of Monsanto draws closer, all eyes are on the German healthcare and agriculture giant to find out what the new normal will look like. In agriculture, Liam Condon, CEO of Bayer CropScience, will have the primary role in shaping that new reality.

Bayer Gauging Expectations from Environmental Groups Ahead of Monsanto Merger

April 30, 2018

As Bayer waits for the final go-ahead from regulators to merge with Monsanto, the company is coming to terms with what its role could be as the largest corporation in agriculture.

Inocucor Makes ‘First of Many’ Acquisitions, Closes Series B on $54.4m

April 19, 2018

Biologicals startup Inocucor has acquired ATP Nutrition in the opening salvo of a plan to become a “selective consolidator” in the premium crop inputs space.

After A Wave of Agtech Acqui-hires, DTN-Spensa Deal Changes the Script

April 12, 2018

Though the price of the acquisition was not disclosed, DTN SVP Ed Mattix offered that DTN is a conservative buyer looking to directly profit off of its acquisitions and that there would likely be more to come.

What is the Prototypical Agtech Exit?

April 2, 2018

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.

Ag Industry Brief: Drones and Ag Inputs See M&A, Indoor Growers Form Safety Working Group, Corporate VC Staff Shift, more

March 30, 2018

One agrifood tech VC vet heads from Monsanto Growth Ventures to Temasek while indoor growers get together to develop industry safety standards, plus agtech M&A in this week's brief.

Syngenta to Acquire Brazilian Farm Management Software Strider as Competition Heats Up in Latin America

March 26, 2018

Strider was in discussions with Syngenta Ventures about their next funding round, which would have been a Series B, when CEO Luis Tangari Pereira said that it became clear that an acquisition would be the best outcome for both parties.