IUNU raises $24m Series B funding to bring ‘true autonomy’ to CEA
March 16, 2022
Seattle-based IUNU will use the new funds to expand its platform, which provides computer vision and data analytics to CEA growers.
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Tag: novel farming systems
In first Africa investment, Aqua-Spark backs Lake Harvest to spur local farmed fish production
January 19, 2022
The Dutch VC invested in the 25-year-old tilapia farming company to curb Africa’s reliance on food imports and address skyrocketing protein needs.
Data Snapshot: Bowery’s $300m round tops H1 2021 Novel Farming Systems deals
November 10, 2021
Novel Farming Systems ventures raised a total of $911 million in funding during the first six months of the year, according to AgFunder data.
Farm tech investing is accelerating faster than ever – new report
August 4, 2021
Investor backing for technologies focusing on or close to the farm soared to $7.9 billion in 2020, or 41%, representing a bigger year-over-year jump than both agrifoodtech and global VC investing.
The EU just approved mealworms for human consumption. Will Ÿnsect take the bait?
January 14, 2021
The European Food Safety Authority conducted an assessment to determine whether there are any risks associated with letting people eat mealworms.
Quantum dot startup UbiQD raises $7m Series A for electricity free CEA lighting
December 21, 2020
The New Mexico startup embeds quantum dot technology into glass and pliable films, offering a lighting source that doesn’t need a mains electricity supply.
Gotham Greens raises $87m Series D funding to decentralize food production
December 9, 2020
The New York startup claims to have doubled its revenue over the past year, selling its leafy greens in 40 US states and across 2,000 retail stores including Whole Foods, Albertsons, Meijer, Target, and Sprouts.
Food waste to indoor farming input: Re-Nuble raises $1.1m seed funding
November 23, 2020
The New York startup ‘upcycles’ organic compounds from unrecoverable vegetable food waste, generating water-soluble, organic hydroponic nutrients for soilless farms.
BrightFarms raises $100m in Cox-led Series E round to expand throughout the US
October 22, 2020
Cox Enterprises now holds a majority stake in BrightFarms, which will use the new funding to construct three new greenhouses in North Carolina, Massachusetts, and Texas.
CEA startup AppHarvest to go public, expects $475m funding at $1bn valuation
October 1, 2020
Kentucky’s AppHarvest will join the NASDAQ through a merger with special-purpose vehicle Novus Capital, while its new 60-acre facility prepares for launch.
Indoor ag gets social with new Farmbook networking & data collection initiative
September 28, 2020
The US-based project’s co-founders are creating a networking space for indoor growers, while also aggregating data to establish much needed benchmarks.
AppHarvest raises $28m as Martha Stewart & Impossible Foods’ CFO join board
August 7, 2020
AppHarvest is planning to build the world’s largest greenhouse facility in Kentucky to address Covid-19 produce supply chain woes.
Sollum Technologies raises $3m to grow its greenhouse LED tech
June 17, 2020
The Canadian startup claims to have the only smart LED lighting technology that reproduces the full spectrum of the sun’s natural light.
Insects for animal feed startup Beta Hatch raises $3m Series A1
May 22, 2020
The funding will be used to construct what it describes as the largest mealworm facility for animal feed in North America.
Farmshelf wants to take home growing systems from gimmick to grocery store replacement
May 14, 2020
The startup is now taking pre-orders for a bookshelf-sized at-home growing system producing leafy greens, herbs, and more.
EXCLUSIVE: Lemna cultivator DryGro closes $4.7m Series A to sustainably replace soy in livestock feed
May 7, 2020
Duckweed is rich in protein and grows incredibly fast. It can double in biomass every two days.
Top 20 Novel Farming System Deals of 2019
May 1, 2020
Novel farming systems saw a 37% increase in funding over 2018 as maturing companies raised larger rounds for the diverse segment.
From AgFunder with love: Global agrifoodtech funding reaches $19.8bn in 2019
February 25, 2020
there are a few ways to interpret this $19.8 billion figure. Though it signals a 4.8% drop in funding and 15% decline in deal activity year-over-year, it also represents a staggering 250% growth in five years, and proves that the huge scale of investments in 2018 was no freak outlier.
Freight Farms raises $15m Series B led by Ospraie Ag Science
February 12, 2020
The container farming startup is planning to dig deeper into plant science to optimize its connected platform and provide growers with better recipes.
EXCLUSIVE: 500 Startups leads seed round for Vietnam’s Cricket One
October 13, 2019
Cricket One is another insect-based protein startup that’s taking off in Asia, but why? AFN speaks with its founder, Nam Dang, to find out.
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