India-based Villgro Innovation which has developed a rural distribution model for agriculture and dairy produces has raised $3.4 million from Startup Education and the Michael and Susan Dell Foundation. According to the company website, Villgro has reached to 6,000 farming households in India and has improved farm Income by 20-30%.
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.
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%.
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.
The indoor agriculture software service Agrilyst raised the round ahead of a cannabis platform rollout, while 4 M&A deals this week span ingredients, biofuel, meat products, and food e-commerce.
Kirchner Food Fellowship, the agricultural impact investment arm of merchant bank Kirchner Group, has invested in Till Mobile, a supply chain communications company for the developed and emerging markets.
Japan's Planet Table closes $850k Series A, India's FreshMenu raises $16.5 million, while Lok Capital and Aspada Investment Company invest in supply chain tech.
Maryland private equity firm Greenfield Capital Partners has invested in a tracking software company for regulators, cultivators and dispensaries across the US.
This is the 9th year of the Netherlands-based awards. Shortlisted innovations range from alternative protein products and food preservation tech, to animal feed and precision agriculture.
Impact investment firm Creation Investments Capital Management led the private equity round to support the global expansion plans of Sohan Lal Commodity Management and its agri-financing arm.
AgFunderNews recently had the opportunity to talk to Indian VCs at Aavishkar and Intellecap Impact Investment Network about portfolio company Agro Star and other technologies getting them excited in the sector.
AgTech entrepreneurs! Find out how to apply here and be in with a chance of making 4.5 times more revenue and raising 20 times more capital than ventures that do not make it onto an accelerator programme.