Nestlé USA announced it has partnered with global financial services provider and leading agriculture, food, and beverage investment bank, Rabobank, and San Francisco-based technology campus RocketSpace to foster food and agtech startups through the Terra Food + AgTech Accelerator. Launched last summer, the Terra Food + AgTech Accelerator was created to combine RocketSpace’s global tech […]
Avrio Capital announced that its third agtech fund, Avrio Fund III, has closed on its sixth investment, which will add POS Bio-Sciences Inc. (POS) to the fund’s portfolio. Founded in 1977 and headquartered in Saskatoon, Saskatchewan, Canada, POS in an innovative bioprocessing company that creates value-added products and ingredients from biological raw materials, while also […]
High tech indoor, ‘post organic’ vertical farming startup Bowery Farming announced it has raised $20 million in a Series A co-led by General Catalyst and GGV Capital, and including GV, First Round Capital, and other seed round investors. This round brings the company’s total earning to $27.5 million. Founded in Kearny, New Jersey, in October […]
VC firm Gobi Partners has led a $7 million funding round for Chinese agricultural drone sharing startup Nongtian Guanjia. Other investors participating in the round include GGV Capital, Shunwei Capital, the Zhen Fund, and Yunqi Partners. Tapping into a business model that aligns with the trending, “sharing economy” Nongtian Guanjia, which means ‘manager of farmland’ […]
Japanese trader Mitsui & Co. has agreed to invest 900 million yen (US$8 million) in exchange for an 80 percent stake in FDR Japan Co. (FDR) – a startup that is pioneering a recirculating system that will enable land-based fish farming in Japan. Demand for salmon across Japan continues to rise with wild caught fish […]
Ag-focused aerial imaging and analytics company Ceres Imaging announced it has successfully raised $5 million in a Series A led by Romulus Capital, bringing the company’s funding to $8 million to date. Originally begun as an agricultural drone developer, Ceres Imaging founder and CEO Ashwin Madgavkar told Tech Crunch that it was soon evident that […]
Monsanto subsidiary The Climate Corporation announced it has agreed to acquire Denver, Colorado-based agtech software company HydroBio for an undisclosed amount. The acquisition will act to strengthen The Climate Corporation’s digital platform and the application of digital technologies to agricultural production. HydroBio uses a combination of satellite imagery, soil data, and hyper-local weather data to […]
Sustainable, biological fish and livestock feed developer and producer Calysta Inc. announced it has closed on a $40 million Series D led by Japan’s Mitsui & Co. Ltd. Other investors in the round include the Singapore sovereign wealth investment fund, Temasek, and existing investors, the Dutch pure-play sustainable aquaculture fund, Aqua-Spark, Cargill, the Municipal Employee […]
In January of this year, GAI News reported that both new and existing investors were on-board to back Quebec-based Thymox – a clean technology startup dedicated to botanically derived animal health, crop protection, and environmental disinfection. Thymox has now announced that it successfully closed on a $4.6 million Series B led by current investors, Cycle […]
Hayward, California-based Abundant Robotics, an automated robotic solutions provider that is developing apple-picking robots, announced it has raised $10 million in a Series A led by GV (Google Ventures), and including BayWa AG, and Tellus Partners. Spun out from startup incubator, SRI Ventures last year, Abundant Robotics has developed a robot that uses computer vision […]
