New York-based urban greenhouse innovator Gotham Greens announced it has successfully raised a $29 million Series C, bringing total funding to date for the company to $45 million. Launched by co-founders Viraj Puri, Eric Haley, and Jennifer Nelkin Frymark in 2009 with a single 15,000 square-foot greenhouse on the roof of a bowling alley in […]
Various news outlets are reporting that Stellapps Technologies – an Indian startup that leverages IoT, Big Data, Cloud, Mobility, and Data Analytics technologies to improve supply chain parameters in that country’s dairy industry – has raised $14 million in Series B funding. The round was led by the Bill and Melinda Gates Foundation and IndusAge […]
From a company press release “On Tuesday, Bayer obtained conditional approval from the Antitrust Division of the United States Department of Justice (DOJ) for the proposed acquisition of Monsanto. “Receipt of the DOJ’s approval brings us close to our goal of creating a leading company in agriculture,” said Bayer CEO Werner Baumann. “We want to […]
The nascent cultured meat segment continues to garner votes of confidence from investors as two more companies (both out of Israel) announced successful funding rounds this week. Future Meat The first is a $2.2 million Seed Round announced by Future Meat Technology, an Israeli startup focusing on developing next-generation technologies for the efficient commercial production […]
A consortium of Chinese partners including Wuchuan Shipbuilding Industry Group, a subsidiary of one of the largest state-owned shipbuilding companies in the country; Hainan Ocean Development; Beida Jade Bird, a company launched by Beijing University; Lingao Haifeng, a fish farming company; and the Bank of China have agreed to invest US$955 million to build three mega […]
Seattle, Washington-based Beta Hatch, a startup focused on the commercialization of the sustainable production of insects as a protein source in animal feed, announced it has raised a Seed Round totaling $2.1 million. The round, which represents one of the larger capital raisings in the U.S. insect protein industry, included Cavallo Ventures, the venture capital […]
*Update – Inocucor has announced it will change its name to Concentric Ag Corporation. In a move to develop new products that enhance crop potential by combining the benefits of biologicals and plant nutrients, Inocucor Corporation has acquired Manitoba, Canada-based ATP Nutrition. Terms of the acquisition were not disclosed. ATP supplies plant nutrients to canola, soybean, corn, pulse, and […]
Agrofy, an Argentinian ag-focused ecommerce platform startup, has announced the successful raising of $6 million through an oversubscribed Series A. The round was led by Sao Paulo Ventures, Brazil’s most active agtech venture capital fund, and included Bunge, Syngenta, leading pan-Latin American technology accelerator Endeavor Catalyst, high net-worth South American agribusiness investors, and funds provided […]
DNA sequencing startup Boost Biome has launched with a $2.5 million seed round led by Nimble Ventures and Viking Global Investors. The company was founded by biotechnology veterans Rob McBride, Jamie Bacher, and Adam Arkin to identify commercially viable microbial products, with an initial focus on improving yield in the field and reducing spoilage after harvest. “The key to leveraging microbes to impact […]
FoodLogiQ, whose technology enables supplier management, food safety compliance, quality incident management, recall management and whole chain traceability – all on a single platform, has raised an $8 million third round of funding from German measuring technology firm Testo. FoodLogiQ provides end-to-end traceability for food companies, using a Software-as-a-Service (SaaS) model that allows companies to track ingredients […]
