By Lynda Kiernan-Stone, Global AgInvesting Media WeedOUT’s approach is inspired by sterility techniques successfully used since the 1940s for controlling pest populations like flies and mosquitos. Since the inception of these sterility techniques 80 years ago, insect control using these methods has not encountered any issues of resistance, and has been considered one of the […]
photo credit: HutanBio By Lynda Kiernan-Stone, Global AgInvesting Media Founded by scientists from Cambridge University and in Malaysia, biotech company HutanBio has a mission to disrupt the biofuels industry through the commercialization of HBx, its carbon-negative biofuel designed to serve the transition to net zero in the marine and heavy transport sectors. To accelerate the […]
By Lynda Kiernan-Stone, Global AgInvesting Media British biotech company FA Bio announced it has closed on £5.3 million (US$6.68 million) to continue its work discovering superior microbes for bioproducts that will improve soil health, increase crop yields, protect biodiversity, and replace chemical inputs to reduce greenhouse gas emissions. This tranche of capital was co-led by […]
By Lynda Kiernan-Stone, Global AgInvesting Media As arable land suitable for agricultural production is in finite supply, FOTONIQ views greenhouses as the future of agriculture. And as high-tech greenhouse production continues to gain ground, the company sees the need for greater sustainability and efficiency to help growers increase production. The intersection of greenhouse production of […]
By Lynda Kiernan-Stone, Global AgInvesting Media Syngenta Group Ventures has led a $38 million Series D for ProducePay, recognized as one of Fast Company’s Most Innovative Companies and the World Economic Forum’s newest Unicorn Innovators for its work transforming and strengthening fresh produce supply chains. Joining Syngenta Group Ventures in this round were new investor […]
By Lynda Kiernan-Stone, Global AgInvesting Media After a year-long review process, Elanco Animal Health announced it has agreed to sell its aqua business to Merck Animal Health for approximately $1.3 billion in cash. Generating about $175 million in revenue and an approximate $92 million in adjusted EBITDA, the business includes products aligned with both warm […]
By Lynda Kiernan-Stone, Global AgInvesting Media Chocolate is almost universally loved. But the cocoa industry has been long-beset with challenging issues – economic, environmental, and social – including climate change, deforestation, child labor issues, and smallholder producers earning barely the price of a candy bar per day. In 2022, consumers spent EUR$180 billion (US$190.5 billion) […]
photo credit: Saga Robotics By Lynda Kiernan-Stone, Global AgInvesting Media As agtech steps up to develop and provide sustainable solutions for the future of agriculture, Norway-based Saga Robotics has successfully closed on $11.5 million in growth capital. This funding was committed by existing investors Nysnø Climate Investment, Aker, Rabo Ventures, Hatteland, Melesio Capital, and Sanden, […]
By Lynda Kiernan-Stone, Global AgInvesting Media I have been sharing the successes of mission-driven seed breeding technology company Inari for about six years, and now I get to share that the company has closed on $103 million in Series F funding, bringing total equity raised to-date to over $575 million. In a show of enduring confidence, […]
By Lynda Kiernan-Stone, Global AgInvesting Media Less than a year after food tech company Elo Life Systems (Elo) closed on a $24.5 million Series A, the company announced it has now closed on an oversubscribed $20.5 million A2 round led by DCVC Bio and Novo Holdings, bringing total capital raised to-date to $45 million. Other […]
