Today, LocalGlobe announced its lead role in the £2 million seed round for Breedr, a UK digital ag startup for the animal agriculture sector. Breedr joins Wefarm and Infarm in LocalGlobe's agtech portfolio. Here Brett tells us more and why they invested.
Earlier this month, a Russian agtech startup called Intterra entered into a partnership with global agribusiness Syngenta to use its digital platform in Russia, connecting more than 100 farmers across 2 million hectares (nearly 5 million acres) of cropland in 2019.
Wefarm is a mobile phone-based farmer network and collective for smallholders farmers in Africa that's recently launched an online marketplace for ag products.
The web and mobile platform allows grain farmers to manage and oversee their farm in real-time, including employee operations and activities in the field.
On our mission to democratize venture capital and increase investment in the food and agriculture industry, our fund is open to accredited investors as well as institutional investors, and we already have commitments from both.
CageEye’s echo-sounder technology uses software and hardware to track acoustic data in a fish cage, while relying on machine learning to measure and analyze biomass movements.
Maersk has received 850 pitch decks so far this year, according to Peter Jorgensen who says the company’s investment initiative gives it the chance to make a positive difference as a large corporate, not just a provider of funds.
Cargill has invested in Agriness, a Brazilian farm management software program focused on pig farms with more than 2 million sows in Latin America managed using its platform.
Growers Holdings, a digital agriculture software and services startup, has raised $5 million in Series A funding in a round led by US heartland-focused investor Lewis & Clark Ventures.
It’s been a long, dark period in the agriculture industry since corn prices tumbled almost five years ago, but something magical has occurred: agtech has emerged as the dominant theme in a rapidly reshaping agricultural economy, writes Barclay Rogers.
The deal includes the acquisition of FarmWizard, an established UK livestock management software company from Wheatsheaf the previous owner; the investment was part cash and part equity transfer.
Lance Donny, CEO and founder of OnFarm, will become SWIIM’s chief operating officer, helping to integrate SWIIM's water balance monitoring and reporting data into the OnFarm dashboard.
This is the latest deal among a growing number of agribusiness marketplace startups globally as the trend to take input purchasing and crop marketing online takes hold.
Blockchain alone doesn't make growers more money, but it does provide the technology infrastructure for things like digitization, automation, and tracking, all of which drive farmers' bottom lines in modern agriculture, writes Remi Schmaltz.
The Bushel mobile app platform integrates into grain elevators’ accounting systems to provide growers access to their contracts, scale tickets, prepays, cash bids, and markets.
