By Lynda Kiernan VegInvest has returned to lead a second funding round for Wild Earth, a startup using biotech to make vegan pet food. The $11 million Series A was also backed by Mark Cuban’s Radicle Investments, Felicis Ventures, Peter Thiel’s Founders Fund, Mars Petcare, and international investors Bits x Bites from China, VECTR from […]
By Lynda Kiernan The Saudi Agricultural and Livestock Investment Co. (SALIC) has led a £7 million (US$8.84 million) funding round for UK crop analytics company Hummingbird Technologies, bringing Hummingbird’s valuation to £30 million (US$38 million). The announcement of this round comes about a year after UK Prime Minister Theresa May and Saudi Crown Prince […]
By Lynda Kiernan New York-based indoor agricultural tech startup Agrilyst has rebranded as Artemis, and has announced a successful $8 million Series A co-led by Astanor Ventures and Talis Capital. The round also included existing investors Empire State Development Fund and iSelect Fund. This round has now brought the company’s total funding to $11.75 million […]
Equilibrium Capital has invested $82 million in AppHarvest for the construction of a high-tech, climate-controlled greenhouse project in Morehead, Kentucky. In addition, ValueAct Spring Fund had led the company’s undisclosed Series A, with existing investor Revolution’s Rise of the Rest Seed Fund, and best-selling author J.D. Vance making a follow-on investment in AppHarvest as part […]
Saudi Arabian agtech startup Red Sea Farms has raised $1.9 million in funding to advance saltwater-tolerant crops and to build a 2,000 square foot saltwater greenhouse. As a spin-out company from KAUST, the King Abdullah University of Science and Technology, the investment was co-led by the KAUST Innovation Fund and Research Products Development Company (RPDC). […]
Weather analytics and network company Understory announced the successful close of a $5.25 million Series B led by True Ventures. The round also included 4490 Ventures, and Revolution’s Rise of the Rest Seed Fund. Founded in 2012, Understory has deployed solar-powered weather stations at points throughout five major U.S. metropolitan regions. Using patented technology, the […]
Finistere portfolio company, BioLumic, a developer of a sustainable ultraviolet yield enhancement platform, has extended its Series A led by Finistere Ventures to include an investment of $1.5 million from Canopy Rivers. The additional capital brings the oversubscribed funding round to $6.7 million. Other investors in the round include Rabo Food & Agri Innovation Fund […]
Israel-based cellular meat startup Aleph Farms announced it has secured funding totaling $12 million through a Series A led by VisVires New Protein. Notably, animal protein giant Cargill also participated in the round, along with M-Industry, the industrial group of Migros, Switzerland, and existing investors Strauss Group, Peregrine Ventures, CPT Capital, Jesselson Investments, New Crop […]
Singapore-based foodtech startup Nutrition Innovation (NI) has raised $5 million in Series A funding. The round, which puts the company’s valuation at $40 million, was led by VisVires New Protein, and included Enerfo Group, a leading global commodity trading company. Through traditional processing, sugar is a highly-refined product that is stripped of its naturally occurring […]
Finistere Ventures has led an $8.8 million funding round for New Zealand’s Invert Robotics – a leading developer of inspection robots. Also participating in the round was Yamaha Moto Venture & Laboratory Silicon Valley, the corporate venture arm of Yamaha Motor Co., and existing investors, Allan Moss, Inception Asset Management, and the New Zealand Investment […]
