AgroSpheres Brings Total Series B Funding to $25M
photo credit: AgroSpheres By Lynda Kiernan-Stone, Global AgInvesting Media Founded in 2016 by COO Payam Pourtaheri and CTO Ameer Shakeel, AgroSpheres’ mission is to dramatically improve the delivery of pesticides, making them more effective, cheaper, and more environmentally-friendly. Working to transform agriculture through reliab
Read morePrima Wawona Gains Sustainable Water Efficiency in Stone Fruit Orchards With AQUA4D Tech
Contributed by AQUA4D As the world’s leading grower of peaches, plums, and nectarines, Prima® Wawona has long had a reputation for efficiency and innovation. Over the last 18 months, this has been taken to a new level using an advanced technology to optimize water use while dealing sustainably with salinity issues.
Read moreProtein Industries Canada Backs Three Companies Partnering to Advance Plant-Based Salmon
By Lynda Kiernan-Stone, Global AgInvesting Media Protein Industries Canada is one of five Global Innovation Clusters that since 2018 has invested or co-invested nearly CAD$500 million (US$368.50 million) in innovations relating to plant-based foods, feed, and ingredients. In February 2023, the initiative received an additional CAD$150
Read moreTômTex Lifts Seed Funding to $4.15M for Shrimp and Mushroom-Based Biomaterials
By Lynda Kiernan-Stone, Global AgInvesting Media Basing its name on tôm, the Vietnamese word for shrimp, Brooklyn, New York-based TômTex is working to simultaneously address the issues surrounding waste in both the food and textile industries with one sustainable, affordable solution. Founder Uyen Tran, a trained designer born a
Read moreAqua-Spark Leads $1.7M Funding for Aquarech, Kenya’s First Fish Farming Platform
photo credit: Aquarech By Lynda Kiernan-Stone, Global AgInvesting Media By 2050 the population of the Sub-Saharan region is expected to double from 1 to 2 billion people. This explosive increase will lead to fish demand that dwarfs what we see today – with forecasts of demand increasing from 10 million metric tons per year today to be
Read moreSolar Foods Raises €8M in a Series B Financing
photo credit: Solar Foods By Lynda Kiernan-Stone, Global AgInvesting Media Using renewable energy and air-captured carbon dioxide (CO2) in a complete and continuous mode, Solar Foods makes Solein®, an entirely novel type of nutrient-rich, single-cell protein that has the potential to revolutionize food production as it’s not reliant
Read moreAigen Gets $12M to Scale Solar-Powered Robotic Fleet
photo credit: Aigen By Lynda Kiernan-Stone, Global AgInvesting Media Leaning into their backgrounds in farming, electric vehicles, robotics, and impact investing, Rich Wurden and Kenny Lee founded Aigen in 2020 with the goals of connecting farmers to breakthrough technologies, decarbonizing agriculture, and improving the health of both
Read moreTechBrew Robotics Raises $17.5M to Revolutionize Mushroom Farming, Rebrands as 4AG Robotics
By Lynda Kiernan-Stone, Global AgInvesting Media Technology being brought to bear on mushroom farming has been a common topic this month - and there’s good reason. From promoting health and sustainability to nutritional benefits such as essential B vitamins, antioxidants, fiber, and protein, to enhancing culinary experiences, an
Read moreLHL Acquires £20M from Nimbus Capital to Source Natural Compounds from Food Waste and Botanicals
By Lynda Kiernan-Stone, Global AgInvesting Media Based in the UK, Letoon Holding Ltd. (LHL) has secured a substantial £20 million (US$25 million) investment from Nimbus Capital, a manager of a diverse portfolio of investment vehicles specializing in financing transformative change and dynamic growth. With more than 50 collective
Read moreCarbonFarm Technology Secures EUR2.5M to Transform Rice Farming
By Lynda Kiernan-Stone, Global AgInvesting Media With total global production of 787,293,867 tons in 2021, rice is a staple food for a significant portion of the global population and plays a crucial role in providing nutrition and food security. As it plays such a important role in the global agricultural system, rice production is one of
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