By Gerelyn Terzo, Global AgInvesting Media Agteria Biotech, a Stockholm, Sweden-based startup whose mission is to make the ag industry net-zero, has raised €6 million (US$6.2 million) in a seed round for its cattle-feed supplement, a potential game-changer in methane reduction. The company believes it’s important to reduce methane emissions from agriculture to effectively combat […]
Cambridge, Massachusetts-based seed phenomenon Inari just inched closer to the commercialization of its agtech solution. Inari has clinched $144 million in a Series G fundraising round at a reportedly massive valuation of $2.17 billion, up from a previous valuation of $1.65 billion just a year ago, thrusting the company into the coveted unicorn club. The latest round […]
By Gerelyn Terzo, Global AgInvesting Media In a flex for the agtech industry, private equity giant KKR is among the investors backing an innovative company. KKR is investing in smaXtec, a Graz, Austria-based provider of agri-tech solutions for the global dairy industry, alongside other backers including tech investor Highland Europe. The companies are keeping the […]
By Gerelyn Terzo, Global AgInvesting Media FMC Corporation’s venture capital arm, FMC Ventures, has suffered a setback. The firm is facing a restructuring in the face of a disconnect between VC funding and agtech’s potential. Formed in 2020, FMC Ventures was launched to invest in startups and early-stage companies developing emerging technologies in the ag […]
By Gerelyn Terzo, Global AgInvesting Media Formo, a Berlin, Germany-based food biotech company, has clinched EUR 35 million (US$36 million) in a quasi-equity venture debt loan from the European Investment Bank (EIB). The funding, which was provided as part of the InvestEU program, will help the company to scale its fermentation processes for alternatives to […]
By Gerelyn Terzo, Global AgInvesting Media Swiss agtech giant Syngenta Crop Protection alongside partner Enko, an AI-informed crop health company, has reached a key milestone toward sustainable weed control solutions. Through a multi-year weed-control collaboration, Syngenta and Enko have advanced new molecules, building on the success of fungal control research unveiled earlier this year. With […]
By Gerelyn Terzo, Global AgInvesting Media Four Growers, a Pittsburgh, Pennsylvania-based AI-robotics startup, has secured $9 million in its latest fundraising round. The company, which is Series A, will direct the proceeds toward scaling its flagship GR-100 robot and an expansion push into North America and internationally, including Europe and Oceania. Led by Basset Capital, […]
By Gerelyn Terzo, Global AgInvesting Media Biotangents, an Edinburgh, Scotland-based biotech startup, has raised £2.3 million (US$2.9 million) in a Series A round. The proceeds will be directed toward bolstering the scale of its on-farm diagnostic device designed to identify disease in dairy cows. Led by St Andrews-based Eos Advisory and British Business Investments, the […]
By Gerelyn Terzo, Global AgInvesting Media Cascadia Seaweed, a British Columbia-based processor of seaweed-derived ag products, has raised C$4 million (US$2.8 million), marking the first close of a Series A funding round. Representing both new and returning investors, the roster of backers included WWF Impact, Vere Ventures, Potato Impact Partners, VertueLab Climate Impact Fund, Realize […]
By Gerelyn Terzo, Global AgInvesting Media France-based agri-biotech company Elicit Plant has secured a stunning $48 million in a Series B fundraising round, inching closer to greater U.S. market penetration. The company, which also has operations in Brazil, has developed biosolutions for broad acre crops, helping farmers to protect their fields against climate change and […]
