Recombinetics, the pioneering gene editing biotech company that developed hornless cattle, closed on a $34 million Series A in August 2018. The round was backed by investors hailing from Minnesota, Wisconsin, and New York, though the identity of the investors was not made public. Founded by Dr. Scott Fahrenkrug in 2008, Recombinetics’ single gene editing […]
GreenLight Biosciences, a bio-performance developer of RNA solutions for use in agricultural and pharmaceutical applications, has raised $50 million through its latest funding round, led by S2G Ventures. Additional investors participating in the oversubscribed round include Baird Capital, Blue I/O, Continental Grain Company, Tao Capital Partners, Alexandria Ventures Investments, and the majority of existing GreenLight […]
Ostara Nutrient Recovery Technologies (Ostara) announced it has closed on $11 million in funding raised through a round co-led by Wheatsheaf Group and VantagePoint Capital Partners, and including follow-on commitments by additional Ostara investors. The day before announcing this funding, Ostara made a separate statement announcing its acquisition of Mutliform Harvest, a creator of phosphorus recovery […]
Canada-based agtech startup INNO-3B announced it has raised C$6 million (US$4.5 million) in seed funding through a round led by Ecofuel Fund. Additional backers include Desjardins Capital, the Fonds de Solidarité FTQ, Premier Tech, Fonds de Solidarité FTQ Bas Saint-Laurent, and Investissement Québec and the Ministère de l’Économie et de l’Innovation. Headquartered in Quebec and […]
Nairobi-based Twiga Foods announced it has raised capital in the amount of $10 million through a round co-led by IFC, a member of the World Bank Group, and TLcom, a Pan-African venture capital firm. Other participants include return investors Wamda Capital, DOB Equity, 1776, and AHL Venture Partners. Co-founded in Nairobi in 2014 by Grant […]
Spanish agbiotech company PlantResponse announced a $6.9 million investment, and new headquarters located in Research Triangle Park in North Carolina. The round was backed by Yara Germinate, iSelect, Bayer Ventures, Middleland Capital, and Novozymes. Founded in Madrid in 2008 as a spin-off from the Universidad Politécnica de Madrid (UPM), PlantResponse develops innovative technologies that help […]
Global biopharmaceutical company Merck has made the largest agtech investment on record to date, acquiring Antelliq, a digital livestock tech company, from private equity firm BC Partners for US$2.37 billion. Based in Vitré, France, and in business for more than 60 years, Antelliq focuses on digital animal identification, traceability, and monitoring solutions. Over its lifetime, […]
SoftBank has led the largest investment round to date for an upstream business in the food and agtech space, spearheading a $400 million Series C for synthetic microbial manufacturing tech startup Zymergen. Also participating in the round were Goldman Sachs, Hanwha Asset Management, Data Collective, True Ventures, Two Sigma Ventures, SFJ, and Innovation Endeavors. Founded […]
High tech, indoor, ‘post organic’ vertical farming startup Bowery Farming announced it has raised $90 million through a financing round led by Alphabet Inc.’s GV, and including Temasek, Almanac Ventures, General Catalyst, GGV Capital, First Round Capital, and a number of returning seed investors. Founded three years ago in Kearny, New Jersey, by Irving Fain, […]
Microbial science agtech giant Indigo Ag announced it has acquired satellite imagery and AI startup TellusLabs as it aims to enhance its capabilities in spaceborne agriculture insights. A Living Map of the World’s Food Supply Founded originally in Somerville, Massachusetts, only two years ago by by David Potere, PhD, and Mark Friedl, PhD, TellusLabs consists […]
