BlockGrain, an Australian agtech-blockchain startup, has raised the equivalent of approximately $1 million in cryptocurrency from the $90 million NEM Blockchain Investment Fund. Located on Australia’s Gold Coast and founded by Caile Ditterich, a fifth-generation farmer, in 2014, BlockGrain is an agricultural supply chain tracking company. Through its integrated logistics platform, the startup provides greater […]
Cargill has been on fire recently as it moves to reposition and diversify its business in the face of struggling commodity markets. The latest announcement from the company centers around the agtech space, with the company making an undisclosed investment in Cainthus, an Irish startup developing computer vision recognition technology for the livestock industry. Although […]
Tyson Ventures, the $150 million venture arm of U.S. meat processor Tyson Foods, has doubled down on its commitment to alternative protein sources, and has joined the ranks of Cargill, Bill Gates, and Richard Branson as an investor in Memphis Meats. Although the terms of the investment were not disclosed, Tyson states in a company […]
Leading drone technology company PrecisionHawk announced it has raised $75 million in funding through a Series D backed by a list of high profile investors. The round, which was led by Third Point Ventures, and included Comcast Ventures, Syngenta Ventures, DuPont, Indiana University’s Innovate Indiana Fund, Senator Investor Group, Constellation Technology Ventures, Intel Capital, Millennium […]
British agtech startup KisanHub has raised £1.75 million (US$2.45 million) in follow-on seed funding. The round was led by venture capital firm, Notion Capital and IQ Capital, and included participation from Calibration Management and additional unidentified angel investors. This funding follows an initial $1 million Seed Round raised in July 2017 from Notion Capital and […]
Temasek-backed Godrej Agrovet, the agribusiness division of India’s Godrej Industries, has acquired a majority stake in Israeli bioagtech company Maxximilk for an undisclosed amount. Founded in Israel in 2008, Maxximilk produces high quality bovine embryos that the company says have a higher resistance to high temperatures and produce superior quality milk. Through the work of […]
SkySquirrel, a Halifax, Canada-based permanent crop-focused drone company, announced it has raised $3 million in follow-on funding backed by Innovacorp, an existing investor in the company, and an unnamed private investor from Ontario, Canada. The company also has announced its merger with Napa Valley, California-based VineView Inc. to create a new aerial imaging and crop […]
Israeli agtech startup FieldIn announced that it has successfully raised $4 million to advance its technology to monitor and control pesticide usage. The fundraising was co-led by Gal Ventures and Germin8 Ventures, and included existing investor Terra Ventures as well as international angel investors and the Israel Innovation Authority – the investment arm of the […]
Inocucor Technologies, a Montreal-based producer of sustainable microbial crop accelerators and biostimulants for high-value produce and row crops, announced a second close to its Series B funding round. Pontifax AgTech has led additional funding of US$9.5 million to bring the Series B to a new total of US$38.9 million Founded in 2014 in Santa Monica, […]
Australian agtech startup FluroSat announced it has raised A$1.5 million (US$1.2 million) in funding through a round including CSIRO Main Sequence Ventures, AirTree Ventures, and the Cotton Research and Development Corporation (CRDC) of Australia. The startup also has secured a number of grants with the assistance of Cicada Innovations and its Growlab accelerator. Born out of […]
