New TerraClear Chief Shares Vision for Robotics-Powered Rock Picking on US Farms
By Gerelyn Terzo, Global AgInvesting Media After seven years at data and technology platform Farmers Business Network (FBN), Devin Lammers has taken the helm of TerraClear, a Bellevue, Washington-based robotics company specializing in automated rock removal on U.S. farms. Lammers, who was named CEO a few weeks ago, joins to lead TerraClear
Read moreGermany’s Root Global Secures €8M in Seed Round for Food Supply Chain Climate Solutions
By Gerelyn Terzo, Global AgInvesting Media Root Global, a Berlin-based software platform helping companies across the food system get to net zero, has raised €8 million (US$7.1 million) in a seed round. Led by seed-stage VC Point Nine, the fundraising also extended to Project A, HelloWorld and Zurich-based Arc Investors as well as a numb
Read moreCarbon Credit Trading Startup Creattura Clinches Japanese VC Backing in Series A Round
By Gerelyn Terzo, Global AgInvesting Media Tokyo-based Creattura, a carbon credit trading platform, has secured JPY 350 million (US$2.4 million) in a Series A first-close financing from Japanese venture capital powerhouses DBJ Capital and Mitsui Sumitomo Insurance Capital. Creattura plans to direct the capital injection toward an expansion
Read morePHT Investment Group Launches $200M PE Fund for Food Supply Chain Innovation
By Gerelyn Terzo, Global AgInvesting Media PHT Investment Group, a Greenwich, Conn.-based investment firm owned by JL White Investments, has introduced a new fund to support its targeted mission of transforming the post-harvest infrastructure sector. PHT Growth Fund LP, the firm's PE platform, was formed to make strategic acquisitions and
Read moreTerrantic Co-Founder Offers a Peek Behind the Agtech Fundraising Curtain
By Gerelyn Terzo, Global AgInvesting Media Now that Seattle-based agtech Terrantic's $3.5 million oversubscribed seed round is behind it, the startup is ready to take more ground. Despite an uncertain economic backdrop in which investors are demonstrating caution, Terrantic, in its latest fundraising, was able to secure not only backers bu
Read moreCargill Partners With Goanna Ag for Tech-Centric Irrigation Pilot in the Mississippi Delta
By Gerelyn Terzo, Global AgInvesting Media Family-owned ag and food giant Cargill has teamed up with Australia's Goanna Ag for a pilot project aiming to bolster irrigation efficiency on cotton fields in the Mississippi Delta. Through the collaboration, the companies will bring cutting-edge technology designed to overhaul the way growers wa
Read moreAgtech Terrantic Clinches $3.5M for Digitized Supply Chain in Oversubscribed Seed Round
By Gerelyn Terzo, Global AgInvesting Media Seattle-based agtech startup Terrantic, which is digitizing the ag supply chain, has secured $3.5 million in a seed round that was oversubscribed. Led by Supply Change Capital, the round extended other backers including York IE and Vitalize VC as well as Array Ventures, the latter of which is an e
Read moreUK Agtech PheroSyn Receives VC Backing From Tall Grass Ventures
By Gerelyn Terzo, Global AgInvesting Media U.K.-based agtech PheroSyn, an early-stage startup specializing in the development of insect pheromones for crop protection, has received a capital injection from Canadian VC firm Tall Grass Ventures to advance its sustainable pest management solutions. While the the size of the investment is bein
Read moreTree.ly Founder Discusses Agtech Startup’s Recent €5M Seed Round, Growth Plans
By Gerelyn Terzo, Global AgInvesting Media After securing €5 million (US$5.4 million) in seed capital in early July, Dornbirn, Vorarlberg, Austria-based Tree.ly, a startup dedicated to protecting European forests, is well capitalized for its carbon offset projects. Participants in the round included PortfoLion Capital Partners, aws Grün
Read moreSuperfruit Platform Agrovision Closes $100M Equity Round, Valuing the Agtech at $1B
By Gerelyn Terzo, Global AgInvesting Media Los Angeles-based Agrovision, a tech-powered superfruit platform, has closed a $100 million equity round to finance its next growth phase. With berry consumption on the rise, Agrovision scored a $1 billion-plus valuation. Founded in 2012, Agrovision welcomed returning investor Ailment Capital to t
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