Columbus, Ohio-based bioagtech startup 3Bar Biologics announced it has raised $2 million in funding through a round that includes Rev1 Ventures, Maumee Ventures, Ohio TechAngel Funds, Queen City Angels, Carmen Innovations, and SVG Thrive Fund. Dedicated to developing ecologically friendly biological products that can safely and sustainably increase crop yields, 3Bar’s first product – Bio-YIELD […]
Indian agtech farm-to-business (F2B) startup Crofarm raised a Rs 10 cr (US$1.5 million) seed round that included U.S.-based Factor[e] Ventures, Mukul Singhal and Rohit Jain, former principals at SAIF Partners; angel investor Himanshu Aggarwal; co-founder and CEO of Aspiring Minds, Ashish Gupta; and vice president at Paytm, Sunil Goyal, among others. Founded little over a year […]
Various outlets are reporting that Dupont Pioneer has acquired farm management software platform startup Granular. Terms have not been officially disclosed, however AgFunder is reporting a value of $300M. The transaction marks a successful exit in the sector as Granular had raised over $24M to date in two rounds, the second being a $18.7M Series B led by […]
Syngenta Ventures, the venture capital arm of Syngenta, has made a minority investment in Iowa-based Premier Crop Systems (PCS) – a producer of digital tools that help better inform agronomists and farmers to utilize their data to its highest potential. Now in its nineteenth year, PCS labels itself “an agronomy company that looks like a […]
Global agricultural equipment company AGCO announced it has agreed to acquire Precision Planting LLC from Monsanto subsidiary The Climate Corporation for an undisclosed amount. Founded in 1993 in Tremont, Illinois, Precision Planting develops agtech products that deliver precision spacing and depth control for crop production. The company’s line of products and services include mechanical equipment, […]
Qualcomm Ventures, the investment arm of Qualcomm Incorporated, has led a $15 million Series B for Tel Aviv-based digital farming startup Prospera. Other investors contributing to the round include Cisco Investments, ICV, and existing investor Bessemer Venture Partners. This Series B brings Prospera’s total fundraising to date to $22 million. Founded in 2014 by computer […]
San Francisco-based indoor vertical farming startup Plenty has raised a $200 million Series B led by SoftBank Vision Fund – the $93 billion all-stage tech fund headed by Japanese billionaire Masayoshi Son. Other participants in the round include affiliates of Louis M. Bacon, the founder of Moore Capital Management, and existing investors Eric Schmidt’s Innovation […]
Paris-based container farming startup, Agricool, announced it has raised US$9.1 million through a funding round that includes Jacques-Antoine Granjon, the founder of Vente-Privee.com; entrepreneur, Thibault Elziere; and existing investors, Henri Seydoux, the founder of drone company, Parrot and venture capital firm, Daphni. This round comes only a matter of months after the company announced it […]
Spokane-based, family-owned Cowles Company has led a $6.95 million funding round for agricultural biotechnology company, Phytelligence. The round also included WRF Capital, and is the first closing toward a potential $16 million Series B. Seattle-based Phytelligence, which was founded in 2012 when it was launched out of Washington State University by Dr. Amit Dhingra, Associate […]
UAE-based agtech enabled arid climate agribusiness Pure Harvest Smart Farms (Pure Harvest) announced it has raised over 60 percent of a $4.5 million seed round and has made appointments to its advisory board. Co-founded by Silicon Valley private equity investor Sky Kurtz and his Emirati business partner Mahmound Adi, and backed by Abu Dhabi-based Shorooq […]
