Precision irrigation management provider Hortau announced earlier this week that it has secured $5 million in funding from Advantage Capital Agribusiness Partners (ACAP). ACAP, which holds a Rural Business Investment Company license from the U.S.
Idaho is the latest state to announce a new agtech event, among a slew of local, national and international events cropping up across the globe.
On June 16, 2015, Idaho will host its first-ever AgriTech summit featuring local agricultural and technology sector leaders.
Indian investment and holding company Aspada recently announced a $3.3M Series A investment in Delhi-based EM3 AgriServices. EM3 represents one of the first private sector ventures to tackle the field of farm mechanization and technology services.
Venture capital firm Obvious Ventures announced the close of its first fund, raising $123,456,789. The firm exceeded its initial target of $100 million and, according to cofounder James Joaquin, decided to have a bit of fun by settling on the uniquely sequential figure.