Kansas City-based angel investment firm iiM (Innovation in Motion) has invested in a variety of early-stage agrifood tech startup companies covering everything from a bio-based plastic alternative to oral vaccines for livestock and companion animals.
I caught up with Aric Olsen, president of Jain USA, are his most recent acquisition of ETWater, a weather data analytics and sprinkler control company using machine learning to measure the evapotranspiration rate of grass.
Understory analyzes and processes data to create real-time datasets, views, and actionable information from historical, current and forecasted weather events to provide better insights and early detection of risks.
This Thanksgiving, we at AgFunder are thankful for our portfolio companies. Over the last year, we have invested in transformational food system companies, operating across the supply chain, from farm to fork.
With its sensor technology, Phenospex aims to get around the constraints of existing sensing options such as RGB and multispectral cameras, to address the over-use of chemicals and fertilizers in industrial farming.
The round was led by Russian venture capital firm Sistema VC with new investment from online venture capital platform AgFunder, UK VC 7percent Ventures, early-stage tech VC Acequia Capital, and industry veteran Henk Bles.