Trace Genomics, the developer of the first scalable microbiome testing technology for the early detection of soil diseases, soil health, and crop quality, announced it has closed on a $13 million Series A led by Stage 1 Ventures. Additional investors in the round include Viking Global Investors, AgFunder, and others. This capital lifts Trace Genomic’s […]
MagGrow, a Dublin-based agtech startup, announced it has raised €3 million (US$3.4 million) in 2018 funding from unnamed existing and new investors for its unique proprietary agricultural spray technology. This round brings total funding to date for the company to more than €10 million (US$11.3 million). Founded in 2013, MagGrow has developed and commercialized a […]
eFishery, an Indonesian agtech startup manufacturing smart fish feeders, has raised $4 million through a Series A backed by a collective of global investors, including Wavemaker Partners, Aqua-Spark, 500 Startups, Maloekoe Ventures, Social Capital, Unreasonable Capital, and Triputra Group, among others. Founded in 2013 by Huzaifah and Chrisna Aditya, eFishery is the first self-proclaimed ‘fishtech’ […]
Analytical Flavor Systems (AFS) announced it has closed on a $4 million Series A co-led by Leadwood Venture Capital, and Global Brain. Additional investors participating in the round include Hyperplane Venture Capital, Bits X Bites, and Cornes Technology, among others. The newly gained capital will support Gastrograph AI, the company’s first-of-its-kind predictive AI platform that […]
Impact fund Bridges Israel has made its second investment in an Israeli company, backing a Series A for drip irrigation startup NDrip. Based in Moshav Bnei Atarot and founded in 2015 by professor and former director of the Israeli Water Authority, Uri Shani, along with Ariel Halperin, and Ran Ben-Or, NDrip has developed a novel […]
High-resolution precision agriculture aerial imagery provider Taranis announced its successful closing on $20 million in Series B funding led by Viola Ventures. Existing investors participating in the round include Finistere Ventures, Vertex Ventures, OurCrowd, Eyal Gura, and Gal Yarden. Nutrien, Cavallo Ventures, the venture capital arm of Wilbur-Ellis, and Sumitomo Corporation Europe also joined the […]
Kraft Heinz has acquired AI food tech startup wellio as the initial participant in a new digital innovation hub – the Evolv Group, which will operate under the umbrella of the company’s $100 million venture capital fund, Evolv Ventures. Incubated by the food and agtech-focused venture foundry and investment holding company, The Production Board, wellio […]
Geltor, a bio-design company that develops high-value, animal-free, GMO-free proteins, announced it has successfully closed on an $18.2 million Series A led by Cultivian Sandbox Ventures. The round was also backed by GELITA, a global supplier of collagen proteins; ADM Ventures – Archer Daniel Midland’s (ADM’s) venture investment unit; Cavallo Ventures; and Box Group; and […]
Food safety and analytics platform Clear Labs announced it has closed on $21 million through a Series B2 led by Menlo Ventures and including Wing VC, Dentsu Ventures, Felicis, Khosla, and multiple food production companies. Founded in 2014, Clear Labs is the only automated food safety platform for routine pathogen detection. Its Clear Safety platform, […]
Dutch sustainable aquaculture investment fund Aqua-Spark announced its investment in CageEye, an agtech software and hardware developer working to improve efficiency in feeding practices for the salmon farming industry. Located in Oslo, Norway, CageEye employs echo-sounder technology, which uses machine learning and acoustic data to monitor, measure, and analyze biomass movements. By doing so, salmon […]
