Tag: M&A

Semios raises $100m to scale precision ag platform with more acquisitions likely

September 29, 2021

“You will probably see more strategic partnerships and acquisitions from Semios,” Michael Gilbert tells AFN.

AgFunder exit review: John Deere’s $250m acquisition of Bear Flag Robotics

August 5, 2021

“When we invested, what I loved about Bear Flag was that they were solving the right problem,” writes AgFunder partner Rob Leclerc about his firm’s exit from the ag automation startup.

PastureMap merges with Soil Value Exchange to create Grassroots Carbon

April 15, 2021

Grassroots Carbon will tap PastureMap’s database of users to offer opportunities to earn carbon credits for sequestering carbon.

EXCLUSIVE: LatAm agronomic platform Agrosmart acquires BoosterAgro to expand weather support

April 15, 2021

LatAm-based decision support platform Agrosmart has acquired BoosterAgro, an Argentinian startup that has developed one of the most popular agrometeorological apps in the region, according

AppHarvest acquires Root AI to add AI-powered harvesting robots to its workforce

April 8, 2021

AppHarvest will use the Root AI Virgo robot to help its employees with harvest as well as tidying up around its high-tech greenhouses.

DeHaat acquires Farm Guide to bolster platform with ‘unique’ smallholding spatial dataset

February 22, 2021

With this aqui-hire, DeHaat – which serves over 380,000 farmers across India – will be able to add financial services for farmers to its platform.

LIC lost out on Afimilk courtesy of Covid-19. But it’s still hunting for tech deals, says CEO

June 11, 2020

One of Covid-19’s biggest agrifoodtech casualties so far is the New Zealand farmer co-op’s scuppered $70 million investment in Afimilk.

Agtech acquisition alert! Israel’s ICL acquires Growers to boost digital offering

February 20, 2020

The established specialty mineral and chemical provider will combine Growers Insight’s platform with its agronomic services.

Niman Ranch’s GM talks life post-acquisition, livestock tech, and building a new supply chain

February 19, 2020

When Perdue purchased the high-welfare pork, beef, and lamb brand in 2015, speculation about whether Niman could retain its niche appeal was high.

France’s Sencrop acquires sensor maker Visio-Green in start of consolidation play

February 13, 2020

The acquisition will add 1,800 weather stations to the company’s existing European network to support hyper-local weather data for farmers.

Robots, hemp, drastic weather: Farmers Edge’s Wade Barnes shares 2020 ag predictions

January 14, 2020

From traceability to hemp to robots, if Barnes is right, 2020 is going to be a blockbuster year across the agricultural board.

Is CropX’s acquisition of CropMetrics a signal of increasing consolidation in digital agtech in 2020?

January 13, 2020

The Israeli startup is hoping the acquisition will accelerate its expansion into the US breadbasket as agtech veterans predict more consolidation in 2020.

Future Food Holiday Special: AgFunder’s Rob Leclerc on the last decade in ag and foodtech

December 24, 2019

This episode is perhaps a tad awkward as I interview my boss Rob Leclerc, founding partner of AgFunder, but Rob was as insightful as ever, sharing his thoughts on working in and around the agriculture sector for the past decade.

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

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.