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Agtech

Does the GMO Experience Hold a Lesson for CRISPR Investors?

Companies involved in gene editing using CRISPR or other technologies are attracting a lot of attention from investors of late. Just this week Pontifax AgTech and Five Seasons Ventures led a $10 million Series A round for Tropic Biosciences, a startup which uses CRISPR gene editing to develop new plant varieties in the tropical agriculture sector. In […]

Packaging Giant Sonoco Takes Interest in Harvest CROO Robotics

Diversified global packaging company Sonoco has announced a joint partnership with Plant City, Florida-based robotics company Harvest CROO Robotics. The tie-in will see the development of packaging to support a fully automatic, fully autonomous harvester that working 20 hours per day, will harvest eight acres of strawberries with the goal of being able to pick 95 percent of […]

Brief: Lindsay Corp. and Farmers Edge Announce Strategic Partnership

Global manufacturer and distributor of irrigation and infrastructure equipment Lindsay Corporation, and data-driven farm management platform provider Farmers Edge have announced a new strategic partnership that will enable farmers who use the respective company’s applications to seamlessly share data between the two – a development which will help optimize water application and other inputs. As part of the agreement, […]

Pontifax AgTech and Five Seasons Ventures Lead $10M Series A for Tropic Biosciences

Tropic Biosciences, a startup which uses CRISPR gene editing to develop new plant varieties in the tropical agriculture sector, has announced a $10 million Series A round led by Pontifax AgTech and Five Seasons Ventures. The round also included Tekfen Ventures, Emerald Technology Ventures, Bits x Bites, Midven-RSF and the family offices of Gigi Levy-Weiss and Antonio Moreira Salles as co-investors. Proceeds from the round will support the […]

Innova Ag Innovation Fund IV Leads Seed Round for AgriSync

Mobile collaboration and customer support software developer AgriSync Inc., has raised Seed funding from venture investors Innova Memphis via its Innova Ag Innovation Fund IV. Innovation in Motion (iiM), Innovative Livestock Services, Ag Ventures Alliance, Twelve 19 Ventures, Farm Journal and others also joined the round. The funding will be put to use expanding the […]

Tradecorp Bolsters “Zero Residue” Efforts with IDAI NATURE Acquisition

In a move to position itself to offer integrated solutions free of chemical residues to producers and supermarkets, crop protection and nutrition company Tradecorp has acquired IDAI NATURE, a Spanish biotech company specializing in the production of biopesticides.  Tradecorp is part of the Sapec Agro Business Group, which in turn is owned by private equity […]

IoT Framework from Smart Yields to Monitor One Million Acres in Colorado

Honolulu-based Smart Yields, a three year old venture that connects farmers, researchers, and their communities through real-time analytics gathered from a long-range network of integrated sensors, has entered into a partnership with Rocky Mountain Farmers Union (RMFU) to monitor crops and livestock using wireless sensors, hardware, and data analytics. The pilot program will span nearly 1 […]

French Tracking Software Startup Karnott Raises €2.5M

Venture funds Partech and Leap Ventures have teamed up to pump €2.5 million (US$2.91 million) into a French company whose software allows for the realtime tracking of agricultural equipment including tractors, trailers, and seeders. Founded in 2016 by two entrepreneurs from the French city of Lille, Alexandre Cuvelier and Antoine Dequidt, Karnott’s software automatically calculates, analyzes, and archives […]

AI-Focused Startup Motorleaf Raises US$2.85 Million

Ag and food-tech acceleration fund Radicle Growth has led a recently closed US$2.85 million funding round for AI startup Motorleaf, which provides agronomic solutions for the controlled-environment agriculture sector. Desjardins Capital, Real Ventures, Fluxunit (Osram Ventures), BDC Capital and 500 Startups Canada also participated. The funding will enable the company take a broad look at greenhouse conditions […]

Taranis to Acquire the Assets of Aerial Imagery Provider Mavrx

High-resolution agriculture aerial imagery provider Taranis has announced its acquisition of all assets of San Francisco-based Mavrx. The deal will add Mavrx’s UHR imagery solution to its existing product and services portfolio,  giving current Mavrx and Taranis clients access to a powerful combination of aerial imagery products and precision agriculture services for their fields. Taranis will now […]