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 is an expert in machine […]
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 Innovation Council Fund, and existing investors HTGF and UnternehmerTUM Funding […]
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, […]
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 million (US$2.09 million) in funding led by […]
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 $6.2 million Series A in February […]
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, along with an impressive roster […]
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 rounds. Due to overfishing and […]
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, […]
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 Irrigation, Yair Shamir, and Victrix. […]
By Lynda Kiernan-Stone, Global AgInvesting Media The rise of robots in agricultural production represents a promising trend that addresses an array of challenges faced by the farming industry: labor shortages, the need for increased efficiency and sustainability, threats to farm laborer welfare due to severe conditions such as extreme heat, and recalls caused by the […]
