Groundwork BioAg raises $11m to expand mycorrhizal inputs business
Grondwork BioAg has developed a line of biobased inputs sold on five continents based on mychorrizae, which it describes as queen of biologicals.
Grondwork BioAg has developed a line of biobased inputs sold on five continents based on mychorrizae, which it describes as queen of biologicals.
With Prospera on board, Valmont now claims to be the world’s largest, vertically integrated artificial intelligence company in agriculture.
Fresh off the back of a $60 million growth round in March, the Middle East CEA startup claims it can achieve up to 15x the yield with a tenth of the water of incumbent solutions – and it’s targeting Southeast Asia next.
Madar Farms is one of several indoor ag operations that the UAE – which imports 80% of its food – has invested in to boost domestic production.
Singapore-based Trax was Southeast Asia’s highest-funded agrifoodtech startup in 2019, according to AgFunder data.
Demetria is replacing the antiquated coffee quality assessment process by using AI and near-infrared technology to scan beans before they’re brewed.
Consumer Physics will apply its SCiO technology, which uses near-infrared spectrometers and cloud-based software, to Driscoll’s quality measurement process.
The pair’s packaging is a micro-perforated compostable film that reduces food waste by extending shelf life while cutting plastic pollution.
Aleph Farms claims the new technology will allow it to create any type of ‘muscle-cut’ steak and hopes to rapidly expand its product portfolio in the area.
Israel’s Tevel has a somewhat sci-fi solution to address the declining availability of human fruit pickers: Flying robots with mechanical claws and AI-powered vision.
The Israeli startup is using a combination of AI and bio-engineering to develop functional ingredients and therapeutics for people with gluten and peanut allergies.
Spain’s Glovo and Turkey’s Getir are both targeting the boom in demand for so-called ‘q-commerce’ – ultra-quick, 30-minute-max delivery of groceries purchased online.
The cattle ranches of Texas have long provided protein for the US populace. Qualitas wants to continue that tradition – but it’s raising algae instead.
Israel’s Soos uses sound waves to transform male chicken embryos – which are typically culled once hatched – into commercially viable egg-laying females.
The Singapore sovereign fund’s acquisition of a majority stake in the Israeli company is just the latest sign of its increasingly hard focus on agrifoodtech.
International Finance Corporation led the round, with Citrosuco – the world’s largest producer of orange juice – and ag machinery giant Kubota joining in.
Abu Dhabi has been looking at ways to produce more of its food closer to home in light of the pandemic, geopolitical flux, and advances in agtech.
Israel’s TIPA says demand for its compostable packaging inputs has been driven by consumers seeking more sustainable solutions from brands and retailers.
Orbia Ventures will target Series A and B deals with a $1 million to $6 million check size, focusing on startups that are strategically aligned with its Mexican parent company.
OurCrowd is teaming up with agtech accelerator Sprout to take a little of the ‘Startup Nation’ magic down under.