Zordi Emerges from Stealth with $20M for Second Robotic Greenhouse
photo credit: Zordi By Lynda Kiernan-Stone, Global AgInvesting Media Boston-based agtech startup Zordi has emerged from stealth with a $20 million investment from Kohsla Ventures for the development of autonomous greenhouses that grow premium fresh produce using AI and robotics. The company was founded by MIT alumnus Gilwoo Lee, who
Read moreFarmInsect Closes Oversubscribed €8M Series A for Decentralized Insect Farming
By Lynda Kiernan-Stone, Global AgInvesting Media Munich-based insect farming technology company FarmInsect has closed on an oversubscribed €8 million (US$8.52 million) Series A led by climate tech VC investor Soundwater with participation from Bayern Kapital’s Growth fund, the Minderoo Foundation’s Strategic Impact Fund, the European
Read moreTyson Turns to Insect Protein, Makes Two-Fold Investment in Protix
By Lynda Kiernan-Stone, Global AgInvesting Media Global food giant Tyson made news in 2016 when, as the company whose very name is synonymous with the meat industry, it was the first key meat company to invest in a plant-based meat alternative startup aiming to reduce the production and consumption of meat. Over the ensuing years, the c
Read moreBeta Bugs Closes on £1.72M for Selective Breeding of Black Soldier Flies
photo credit: Beta Bugs By Lynda Kiernan-Stone, Global AgInvesting Media Black soldier flies have been the predominant insect used for commercial-scale production of insect-based protein, and the quality of the insects has never come into question, until now. Scotland-based insect genetics company Beta Bugs has closed on £1.72 mil
Read moreEden Green Breaks Ground on $40M Second Commercial Greenhouse
photo credit: Eden Green Technology By Lynda Kiernan-Stone, Global AgInvesting Media Vertical farming is an innovative and sustainable approach to agriculture that has gained significant attention in recent years. But while vertical farming holds great promise for addressing the world's growing food and resource challenges, securing fun
Read moreOcean Rainforest Secures $4.5M for Offshore Giant Kelp Cultivation
By Lynda Kiernan-Stone, Global AgInvesting Media Sustainable seaweed aquaculture company Ocean Rainforest has secured $4.5 million through a Technology to Market Plus Up award from the U.S. Department of Energy’s Advanced Research Projects Agency - Energy (ARPA-E) as part of the MARINER Program. This influx of capital follows a
Read moreOrbem Closes on EUR30M Series A for AI-Powered Scanning Technology
by Lynda Kiernan-Stone, Global AgInvesting Media German deep-tech company Orbem has closed on a EUR 30 million Series A led by venture investor 83North to advance the company’s AI-driven MRI technology. The round also included new investor La Famiglia and existing investors The Venture Collective, Possible Ventures, Dr. Rüdiger Schmidt,
Read moreBlueNalu Closes $33.5M Series B, Expands Strategic Partnerships Across APAC Region
By Lynda Kiernan-Stone, Global AgInvesting Media San Diego-based cellular seafood company BlueNalu has reportedly closed on a $33.5 million Series B round backed by new and existing investors, according to Agronomics, a venture capital firm that has invested, in aggregate, $8 million across BlueNalu’s Seed, Series A, and pre-Series B rou
Read moreTreetoscope Closes on $7M Seed Round for North American Expansion
By Lynda Kiernan-Stone, Global AgInvesting Media The precision irrigation market has been in an extended period of growth since 2010, and it doesn’t appear to be losing any steam. Valued at $2.24 billion in 2022, the industry is forecast to experience a CAGR of 14.84 percent to reach a value of $4.47 billion by 2027, according to BIS Res
Read moreCropX Technologies’ Series C has a New Investor
By Lynda Kiernan-Stone, Global AgInvesting Media Back in April 2023, GAI News shared the close of CropX Technologies' $30 million Series C, led by Aliaxis SA, a global leader enabling access to water and energy through innovative fluid management systems, and including Edaphon, Finistere Ventures, NTT Finance Corporation, OurCrowd, Reinke
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