Hi Fidelity Genetics (HFG) announced it has closed on an $8.5 million Series A co-led by Finistere Ventures and Fall Line Capital. Other investors participating in the round include Gro Alliance, KdT Ventures, Prairie Crest Capital, S2G, and Tom Farms. Based in Durham, North Carolina, and co-founded by Dr. Spencer Maughan (also a co-founder of […]
Israeli food tech company InnovoPro announced it has closed on a $4.25 million Series A. The round was led by Swiss retail giant Migros, and Erel Margalit, founder and chairman of Jerusalem Venture Partners, a leading Israeli venture capital fund. Additional investors participating in the round include China’s first food tech ventrue fund, Bits x […]
Paris-based urban container farming startup Agricool announced the successful completion of a $28 million equity round backed by Bpifrance, Danone Manifesto Ventures, Marbeuf Capital, Solomon Hykes, and including existing investors, daphni, Xange, Henri Seydoux, and Kima Ventures. Together with previous funding totaling $13 million, this round brings the company’s total funding to $41 million. Founded […]
A newly announced partnership between Rabo AgriFinance and Conservis will co-develop technology that will enable U.S. farmers to connect their real-time field and management data to their financial results. The deal will join Conservis – a leading independent provider of digital farm management services, including planning tools, real-time data capture, and analytics capabilities to farmers […]
Overstock.com’s blockchain accelerator and investment platform Medici Ventures has made an equity investment of $2.5 million in GrainChain, an agricultural blockchain software platform designed to facilitate ease and security for payments to farmers, buyers, and elevators engaged in the grain industry. Founded in 2013, GrainChain is an end-to-end, harvest-to-table system comprised of software products […]
Australian agribusiness giant and input supplier Ruralco announced it has made a strategic equity investment in cloud-based precision ag startup DataFarming. Founded only last year by husband and wife, Time and Peta Neale, DataFarming is a web-based platform that employs satellite imagery and cloud-based systems to provide agronomists and agricultural producers greater insight into their […]
Weather analytics and network company Understory has raised $7.5 million in additional funding through a round led by 4490 Ventures. Joining the round as a new investor is Washington DC-based Revolution’s Rise of the Rest Seed Fund, a vehicle founded by Steve Case, former CEO of AOL, with the intent of investing in seed stage […]
India’s CropIn Technology Solutions (CropIn) announced it has successfully closed on an $8 million Series B round of funding from Chiratae Ventures (formerly IDG Ventures India) and the Bill & Melinda Gates Foundation Investment Fund. This round brings CropIn’s total funding to $12 million to date. Founded in Bangalore in 2010 by Krishna Kumar, CropIn […]
Kiwi agricultural robotics and automation startup Robotics Plus announced a US$8 million investment from Yamaha Motor Co. Inc (Japan). This is the second investment by Yamaha in the business this year, after a partnership agreement and investment of US$2 million were announced in March. “We are very pleased to have continued strengthening our partnership with Yamaha […]
ApisProtect, an Irish agtech startup working to save the world’s bee population has raised $1.8 million in seed funding through a round led by Finistere Ventures and the Atlantic Bridge University Fund. Other investors included in the round were Radicle Growth, the Yield Lab, and Enterprise Ireland. Traditionally, beekeepers would have to rely on periodic […]
