Editor’s Note: AgFunderNews recently had the chance to speak with Gregg Halverson, President of Black Gold Farms. Halverson will be speaking at the Forbes Reinventing America: The AgTech Summit, taking place in Salinas, CA, July 8-9.
As we look ahead to the Forbes AgTech Summit later this week, we took a moment to reflect on GAI’s AgTech Week, which took place two weeks ago in San Francisco, to make a few observations on what’s happening in agtech.
As the summer temperatures heat up and July 4th looms closer on the calendar, most folks only have one beverage on their mind: beer. With some historians speculating that nomads brewed beer from ancient grain and water during the prehistoric years, the history of beer reveals that we’ve been keeping a cold one close by for centuries.
Editor’s Note: AgFunderNews recently had the opportunity to speak with The Honorable Joe Gunter, Mayor of Salinas, on the relationship between agriculture and technology both in his home town and around the world.
According to the American Association of Port Authorities, “The United States is served by some 360 commercial ports that provide approximately 3,200 cargo and passenger handling facilities.” Food and farm products, including wheat and wheat flour, corn, soybeans, rice, cotton, and coffee are listed among the leading commodities shipped for domestic and foreign trade through U.S.
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.
Microbial DNA maker Zymergen recently announced a $42M Series A led by Data Collective, with a group of investors participating, including AME Cloud Ventures, Draper Fisher Jurveston, HVF, Innovation Endeavors, Obvious Ventures, True Ventures, and Two Sigma Ventures.
Following the heals of Delivery Hero’s recent $110M funding announcement, two additional online food delivery companies have announced the close of respective funding deals. Blue Apron, a New York-based meal delivery service, recently sealed a $135M Series D funding deal led by Fidelity Management and Research Company.
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.
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.
Aerobotic Innovations, a drone control and safety application, announced recently that it has partnered with Packet Digital LLC to offer new products that will combine their respective state-of-the-art software and hardware technologies.
VitalFields announced recently that it has secured $1.2 million in Series A funding from an international syndicate of investors, including SmartCap, the investment arm of the taxpayer-funded Estonian Development Fund, and an undisclosed large Silicon Valley based investor.
India is currently witnessing the launch of its first Food and Agri-business Accelerator program. Many entities are involved with the accelerator, with the IIMA Centre for Innovation Incubation and Entrepreneurship (CIIE) and a-IDEA, the business incubator at Indian Council of Agricultural Research’s (ICAR) National Academy of Agricultural Research Management (NAARM) leading the program.
Drone advocates are impatient as the market roars on, but the FAA remains flightless.
This week, 33 drone-advocacy groups sent a letter to FAA administrator, Michael Huerta, encouraging the FAA to publish the Notice of Proposed Rule Making (NPRM), which many advocates fear will face significant delays and cause drone regulations to continue flying in limbo.
One day, NASA will tell you how well your crops are doing.
A recent study from the National Academy of Sciences has shown that the US Corn Belt is the most productive place on earth, and that’s not the coolest part.
Stickers aren’t just for price tags anymore.
Researchers from Tufts University have shown that high-tech silk stickers may soon be used to tell the consumer when food is no longer edible.