Indigo Ag continues to break funding records, announcing the close of a $250 million Series E backed by both new and existing investor including Baillie Gifford, Investment Corporation of Dubai, the Alaska Permanent Fund, and the company’s founder Flagship Pioneering. This round now brings total funding for the company to $650 million. This round follows […]
Cargill has made a strategic investment in Agriness, a technology leader in swine production in Latin America. Through this minority stake partnership, Cargill and Agriness will foster an industry-wide transformation through emerging digital technologies designed to improve animal agricultural production and farm profitability. Founded in Brazil in 2001, Agriness is currently engaged in managing more […]
OrganiGram Holdings, the parent company of medical marijuana producer OrganiGram, has finalized a $10 million investment in Hyasynth Biologicals Inc., a Montreal-based biological company focused on cannabinoids and biosynthesis. The strategic investment, which is the largest announced direct investment in such cellular agtech in Canada, will be structured as convertible secured debentures that will be […]
Aquaculture tech startup Umitron announced it has lifted its latest funding round by $3.7 million. Originally announced in June of this year, the company raised initial funding in the amount of $11.2 million SGD (US$8.22 million), through a round co-led by Innovation Network Corporation of Japan and D4V (Design for Ventures), and including IDEO, and unnamed […]
Software and services provider Growers Holdings has raised $5 million through a Series A led by Lewis & Clark Ventures. Participating in the round are all of the company’s existing investors including Tiverton Advisors LLC, Albany Private Equity Partners, and Maize Partners, as well as new investors, Innova Memphis, and the VTC Innovation Fund managed […]
Ripe Technology, INC (ripe.io), a blockchain technology startup focusing on the food and ag supply chains, announced the successful raising of $2.4 million through a Seed Round led by Maersk Growth, the venture capital unit of Maersk, and including Relish Works. Founded only last year by Raja Ramachandran and Phil Harris, ripe.io leverages blockchain technology […]
St. Louis-based bioagtech company Benson Hill Biosystems announced a close of $60 million on a Series C led by GV. Included in the round were new investors Activant Capital and Tao Capital Partners, along with existing investors Alexandria Venture Investments, Fall Line Capital, iSelect Fund, Lewis & Clark Ventures, Mercury Fund, Prelude Ventures, and S2G […]
Farmer’s Fridge, a company responsible for a rapidly growing network of maintenance-free, low-energy “smart” healthy vending machines designed to transform the fresh food supply chain, announced it has raised $30 million in a Series C round of funding. Leading the round is Innovation Endeavors, the venture firm launched by former Google CEO Eric Schmidt, and […]
Silicon Valley-based Bear Flag Robotics has raised $3.5 million in Seed funds through a round led by True Ventures, bringing total funding raised by the company to $4.5 million to-date. Founded just last year by Igino Cafiero and Aubrey Donnellan, Bear Flag is developing autonomous technology for farming that will lower operations costs for farmers […]
Swedish investment firm Kinnevik has led a $12 million Series A for Karma, a tech company working to reduce food waste across Europe. Additional investors in the round, which brings the company’s total funding to $18 million, include Bessemer Venture Partners, the oldest venture capital firm in the United States; the Stockholm-based global appliance manufacturer […]
