Tag Archives: Tech

How Precision Agriculture is Revolutionizing Black Gold Farm’s 30,000 Acre Operation

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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.

5 Observations from GAI AgTech Week in San Francisco

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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.

7 Beer Tech Trends in Honor of Independence Day

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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.

Salinas Mayor Joe Gunter Sees $20 Billion Future for Salinas Driven by AgTech

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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.

Maritime Data Powerhouse Spire Announces Close of $40M Series B Round

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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.

Futuristic Jellyfish Barge Offers Floating Food Scarcity Solution to Farming-Challenged Regions

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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.

Zymergen Seals $42M Series A to Continue Mass Production of Microbes Using Robotics

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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.

Crop Protection Product Developer Asilomar Bio Announces $3M Series A Round

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“Farmers everywhere will tell you that weather and water are the biggest issues,” Travis Bayer, co-founder and Chief Technology Officer at Asilomar Bio. The company recently closed a $3 million Series A round co-lead by Cultivian Sandbox Ventures and Fall Line Capital.

Meal Kit Maker Blue Apron Announces $135M Dollar Deal

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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.

Back to the Roots Nabs $2M in Quest to Become The “New Kraft Foods”

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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 Provider Hortau Secures $5M Investment from ACAP

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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.

Drone Software Developer Botlink and Hardware Developer Packet Digital Announce New Partnership

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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.

Farm Management Company VitalFields Closes $1.2M Series A Funding Round

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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.

IIM Ahmedebad’s CIIE & ICAR-NAARM Launch India’s First Food & Agriculture Accelerator

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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.