Robotic agtech startup TerraClear has closed on a $6.1 million funding round led by Madrona Venture Group, and including unnamed existing investors. This round brings total capital raised by the startup to $13 million since its launch. Headquartered in Belleview, Washington, and with offices in Grangeville, Idaho, TerrClear was founded in 2017 by Brent Frei, […]
Australian agtech startup Vertical Farming Systems (VFS) has raised $1 million from a single investor for its indoor farming production system geared to “engineer labor out of growing green, leafy vegetables”. Located in Queensland, and co-owned by Ashley Thompson and John Leslie, VFS has created an indoor agricultural production system that can bring plants from […]
Singapore-based cellular seafood startup Shiok Meats has raised a $4.6 million Seed round in support of cellular aquaculture technology. The round was backed by the CEO of Monde Nissin, Henry Soesanto, Y Combinator, and Big Idea Ventures, a new venture capital fund backed by Tyson that focuses on meat alternatives. Co-founded in 2018 by stem […]
India-based fresh fruit and produce supply chain startup NinjaCart has announced a US$89 million Series C led by one of the leading investors in the country, U.S.-based Tiger Global. Tiger’s investment, which was made through its Singapore arm Internet Fund V was in exchange for a 26.5 percent stake in the company, which is now […]
San Francisco-based FarmWise has partnered with Michigan-based product development supplier Roush to develop and test autonomous vegetable weeding robots in the state of Michigan. Founded in 2016 by CEO Sebastien Boyer and CTO Thomas Palomares, FarmWise manufactures adaptive farm machinery that employs AI, computer vision, and deep learning to effectively and precisely weed and thin […]
Leading ag retailer Pinnacle Agriculture Distribution has announced a strategic partnership with The Climate Corporation, with the goal of making more data driven digital tools available to farmers through the Climate FieldView platform. Agriculture represents 10 percent of global GDP, but is the least digitized industry in the world, according to the MGI Industry Digitization […]
High-resolution precision agriculture aerial imagery provider Taranis is partnering with ADAMA Australia and Landmark to add value for the Australian agtech customer base. Founded in 2013 by Ofir Schlam, Asaf Horvitz, Eli Bukchin, and Ayal Karmi, and based in Tel Aviv, Taranis uses patented aerial imagery technology that when affixed to high-speed UAVs and manned […]
Tyson Ventures has made an undisclosed investment in Clear Labs Inc., a next-generation food safety platform that employs robotics to detect harmful pathogens such as E. coli and salmonella. In an age when food recalls and food safety scares not only endanger the consumer, but also have the ability to decimate a food or beverage […]
Accelerating its expansion in the EU, and demonstrating the viability of growth through acquisition within the agtech space, post-harvest IoT tech startup TeleSense, a Finistere portfolio company, has acquired Webstech, a Danish wireless sensor company with a robust EU customer base. As consumers increasingly demand higher levels of transparency, traceability, and local ingredients in their […]
As part of its long-term mission to realize growth in emerging markets, Belfast-based agtech company Devenish Nutrition has invested $2.25 million in Kenya’s Sidai Africa. Established in 2011 with backing from the Bill and Melinda Gates Foundation and Farm Africa to help enhance sustainability in Kenyan agriculture, Sidai supplies crop and livestock services with a […]
