A recent report evaluating new innovations in the food system based on potential impact on post-harvest food waste and commercial feasibility reveals what the authors call “high-priority investible innovations.”
Though historical Israeli agritech strengths are in irrigation and water management, and livestock and poultry, smart farming has developed three times faster than other sectors, with 29 new companies forming in the last five years.
In a comprehensive assessment of the potential for automation by McKinsey, agriculture ranked fourth with a 57% potential for automation, behind accommodation and food services (73%), manufacturing (60%), and transportation and warehousing (60%).
Since 2014, insect startups raised $124 million. Of this, $4.2 million went to companies creating consumer products for human consumption – the rest went to insect farming operations.
Early stage investment in agrifood tech startups reached $4.4 billion in the first half of 2017, posting a 6% year-over-year increase reversing the downward trend of 2016 when agrifood tech investing dropped 17% to $6.9 billion from $8.3 billion in 2015.
J. Matthew Pryor recently attended the AusAg & Foodtech Summit in Adelaide, Australia, and here shares his key takeaways.
A recent survey shows that the Americas are by far the largest regional buyer of livestock antibiotics for the purpose of growth promotion.
After gaining “superfood” status, the market for algae could reach up to $44.7bn by 2023, according to a new report.
Agri-foodtech is a small but growing segment of the startup and venture capital universe that is increasingly capturing the attention of investors.
After a series of high profile acquisitions and more likely on the way, China is poised to have a much larger footprint in the global food supply chain in the near future, according to a new report from Rabobank.
Smart farming is the use of digital technologies on the farm to help farmers manage their operations more reliably and efficiently, largely through precision agriculture.
Brexit presents an opportunity for the UK to re-pivot, refocus and redeploy its capital and energies towards the nation’s value-added agricultural technologies and cutting-edge science capabilities, writes Richard Ferguson.
There are five key barriers to digital agtech adoption, according to a new report from Rabobank.
Agriculture technology solutions have to be a user-friendly and a worthwhile investment for farmers to take the plunge, farmers told FBN in a recent survey.
Modern sensing instruments have advanced far beyond simple photographic film. Today’s devices measure light, radiation, and heat by capturing different wavelengths of the electromagnetic spectrum, writes Joe Byrum.
There was a more diverse set of technology startups serving the cannabis market in 2016, although investment levels were similar to 2015.
Agtech funding in 2016 was a tale of two halves as the number of deals closed increased 10% to 580 due to an uptick in seed stage activity, while investment dollars fell 30% to $3.2bn.
Consumers, educated about food waste but told their waste was going to be composed wasted just as much food as those who were uneducated about the perils of waste.
Comet Labs and Orange Silicon Valley recently partnered on a report entitled: Bringing Digital Intelligence to Indoor Farming — urban agriculture in the age of AI. Here are their key learnings.
Agribusinesses are at risk of being left behind if they don’t make technology investment a core part of their strategy, according to a new report from BCG Consulting and AgFunder.
