The investment round was led by Viking Global Investors, an American-based hedge fund based in Greenwich, Conn., with participation from Andreessen Horowitz, Upfront Ventures and S2G Ventures.
Despite being the world’s most globalized industry, agriculture is extremely inefficient, write Abi Ramanan and Gustav Nipe from hyperspectral imaging with machine learning for food companies startup ImpactVision.
We caught up with three foodtech startups at the United Fresh Show to find out how produce distributors, packers, and shippers are adopting new technology.
From a total 310 applications, of which they evaluated 188, startups from 10 different countries operating across the food chain were selected to join the program next month.
Described as a ‘game changer’ InspiraFarms' technology consists of modular cold storage and food processing units, which run on off-grid renewable energy and aim to increase farm incomes by 40%.
We caught up with Emma Weston, cofounder and CEO of AgriDigital, on the sidelines of the recent World Agri-Tech Innovation Summit to discuss how she sells blockchain technology to different rungs in the supply chain with various levels of fluency, and where new traceability technologies should ultimately be headed.
After photographing strawberries, the AgShift app tells the user what the percentage of red is in the photo, which speaks to how much shelf life is left.
We caught up with Goggin about working in the supply chain and with legacy grocery stores – both corners of the food system dominated by men.
Modern slavery is back at the top of concerned consumers minds and new agrifood tech startups and some established players are working to shine a light at the very bottom of the supply chain.
Data scientist Alex Woolf and his team used basic science and physics to drastically change the energy cost of one of their California cold storage facilities, and they are on track to generate revenue from their electricity use soon.
Despite its young age, trucking startup Convoy is well-funded and has raised $80.5 million in three rounds since its founding in 2015.
Arturo Tanus started his job in April 2016 when Chipotle was desperately trying to bring customers back after more than 450 people got sick with food-borne illnesses between August 2015 and February 2016.
Since logistics -- how food gets from the farm to our plate -- is just as crucial a part of the food system as the food itself, spoke with an accelerator focusing on it.
There are few places in the world that have a better environment for building agtech devices and large scale smart farming projects than Taiwan, writes Matthew Ryan.
Also in this week's funding sheet, Waycool, a fresh produce distribution service for smallholder farmers in India raised funding from George Soros-backed Aspada Investments.
The year's first exit came from Observant, an early agtech pioneer in the precision water management space. Jain Irrigation acquired the Australian company.
The Northern Irish startup raised the funding from former UK Entrepreneur of the Year.
Hemendra Mathur, agribusiness investment lead and venture partner at Bharat Innovations Fund in India, writes about five trends in agritech innovation
A busy week of fundings as the year draws to a close includes food safety technology, insect farming, food waste technology, Indian supply chain technology and more.
Marcus Glassman from the Chicago Council on Global Affairs shares his key takeaways from the recent event and the report released by the council.