AgFunderNews caught up with McDonald's UK supply chain director Connor McVeigh to find out more about the fast food restaurant chain's influence on farming practices and his views on agriculture technology.
Californian startup TerViva has built a business based on growing Pongamia, a tree crop that can be used as an alternative to soybean in animal feed and vegetable oil, on abandoned farmland in Florida and Hawaii.
As the world population continues to climb, so does the demand for food. With a finite amount of arable land, keeping up on the supply side is a major challenge for farmers located in certain regions of the world.
Oakland-based food company Back to the Roots announced this morning that it has closed its first funding round to the tune of $2 million. Fund Good Jobs, an Oakland-based organization designed to increase employment opportunities in the region, led the round.
Berlin-based Delivery Hero announced recently that it has secured an additional $110 million in funding from two unidentified U.S.-based “leading public market investors.” This recent funding round brings Delivery Hero’s total investment deals to over $1 billion, with almost $600 million of those funds secured in 2015 alone.
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.
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.