Open Prairie has made its second investment in a week’s time through its Open Prairie Rural Opportunities Fund, providing $2 million in convertible debt financing to ag-focused data analytics company MyAgData®. Headquartered in Effingham, Illinois, MyAgData is the developer of a pioneering acreage reporting solution in the form of a revolutionary cloud-based platform that allows for the […]
IoT technology startup TeleSense has raised $6.5 through a Series A led by ag investment pioneer Finistere Ventures for the advancement of supply chain, food safety, and grain storage solutions. Other investors in the round include Congruent Ventures, Maersk Growth, Rabobank’s Food & Ari Innovation Fund, Radicle Growth, and Trailhead Capital. Existing investor – Plug and […]
Australian digital agriculture startup AgriWebb has raised A$14 million (US$10.3 million) through a Series A backed by Wheatsheaf Group, a leading UK-based global investor and developer of agtech businesses. Under the terms of the investment, AgriWebb also acquired FarmWizard, a UK livestock and dairy software platform, from Wheatsheaf. In total, the deal gives Wheatsheaf a […]
BlueNalu, a newly launched cellular aquaculture startup, announced it has successfully raised $4.5 million in initial funding through a round led by New Crop Capital and including a broad range of 25 venture organizations and individuals from the U.S., UK, Hong Kong, Israel, and Luxembourg. Based in San Diego and founded by Chairman Chris Somogyi, President […]
Land O’Lakes (LOL) has agreed to sell global technology and satellite imaging firm, Geosys to UrtheCast Corp. for $20 million. Once the deal passes due diligence and confirmatory hurdles, the expected close date is November 6 of this year with a full completion of the transaction expected within 24 months. Geosys was initially acquired by […]
Full Harvest, an agtech platform providing a new food supply chain model to mitigate waste, announced it has closed on $8.5 million in funding led by Spark Capital, and including new investors Cultivian Sandbox Ventures, Jenny Fleiss, founder of Rent the Runway, Jon Scherr of CircleUp, and Adam Seplain of Marc.vc. Previous investors including Wireframe […]
Canadian bioagtech startup Chinova Bioworks has raised $2 million through a seed round co-led by DSM Venturing BV and Rhapsody Venture Partners. Additional investors in the round include AgFunder and Natural Products Canada. Launched in April 2016 by co-founders Natasha Dhayagude and David Brown, Chinova Bioworks began with a mission to resolve the paradox that […]
Inari, a mission-driven plant breeding technology company, has raised a $40 million Series B, bringing its total funding to $55 million since its founding by Flagship Pioneering in 2016. Led by Flagship, this round was also joined by Acre Venture Partners and Alexandria Venture Investments. Launched by Flagship two years ago in Cambridge, Massachusetts, under […]
Pennsylvania-based vegan seafood company Good Catch Foods has done it again, announcing the successful completion of an $8.7 million Series A led by New Crop Capital. Additional investors in the round included online natural food platform Thrive Market, Fresh Direct, Stray Dog Capital, Blue Horizon, EverHope Capital, Baleine & Bjorn Capital, M13, Starlight Ventures, and […]
Belfast-based agtech company Devenish Nutrition has secured €118 million (US$136.7 million) in long-term funding, enabled by a landmark commitment of €40 million (US$46.4 million) from the European Investment Bank (EIB). Other investors in the funding include Ulster Bank and Danske Bank. This investment on the part of the EIB is the largest ever made by […]
