Apeel Sciences, a Santa Barbara-based food tech startup, has raised $33 million in a Series B led by venture capital giants, Andreessen Horowitz and DBL Partners, and including new and existing investors, Upfront Ventures, Seed2Growth, Powerplant Ventures, and Tao Capital Partners. Apeel was founded by James Rogers, a PhD graduate of the University of California, […]
Monsanto subsidiary Climate Corporation announced it has agreed to acquire farm management software company, VitalFields, for an undisclosed amount. TechCrunch reports that Monsanto Growth Ventures, the venture unit of Monsanto Co. (which is an existing investor in VitalFields), facilitated the deal between the two parties. Founded in Tallinn, Estonia in 2011, VitalFields was born from […]
Boston-based agtech startup, Spoiler Alert, announced the closing of a $2.5 million seed round led by Acre Venture Partners. Other investors include the Fink Family Foundation, Valley Oak Investments, LaunchCapital, Fresh Source Capital, and FTW Ventures. Founded in 2015, Spoiler Alert’s agtech technology platform acts as a facilitator for agribusinesses and food producers to find […]
Genesis Private Equity (GPE) has made an undisclosed capital investment in New Zealand-based precision ag company, TracMap, in exchange for a 25 percent stake in the company. Under the terms of the investment, John Rolleston and Garry Haskett will assume roles on the TracMap Board of Directors as GPE appointees. Dunedin-based TracMap uses a system […]
Agribusiness-focused private equity firm, Metalmark Capital, has made an unspecified investment in Valagro, a global leader in the production and commercialization of biostimulants, micronutrients, foliar fertilizers and fertigators used for agricultural production, industry applications, and home garden use. This investment in Valagro is the first institutional capital commitment in the company since its founding. Founded in […]
BrightFarms, a greenhouse farming startup, announced it has closed on a $30.1 million Series C led by Catalyst Investors. The round was also joined by existing investors, Chicago-based WP Global Partners and New York-based NGEN Partners. The New York-based company is tapping into the farm-to-table consumer movement, developing state-of-the-art commercially scaleable greenhouses that can provide […]
Agrinnovation, the agtech investment fund launched by Yissum Research Development Company, the technology transfer company of the Hebrew University of Jerusalem, announced it has agreed to invest in medical cannabis startup, Cannabi-Tech Ltd. Based on research conducted at the laboratory of Professor Oded Shoseyov with the Hebrew University’s Robert H. Smith Faculty of Agriculture, Food […]
Precision ag and data management solutions company Farmers Edge announced a $6.1 million investment secured from Sustainable Development Technology Canada (SDTC) and an additional $12.2 million committed from internal sources and consortium partners. With the support of the funding, Farmers Edge will advance the development of its next generation hardware and software, while also strengthening its agronomic […]
Tel Aviv-based data and analytics startup, Prospera, announced it has raised a $7 million Series A led by Bessemer Ventures. Founded in 2014 by CEO Daniel Koppel, CTO Shimon Shpiz, and VP R&D Raviv Itzhaky, Prospera is developing artificial intelligence tools that can solve agricultural challenges. By combining agronomy computer science, and machine learning the […]
As the decline in global commodity prices has put pressure on seed and crop input companies in recent years, Monsanto has struck several strategic partnerships that will foster new opportunities for growth for the company. Most recently, Monsanto announced a new global agreement with Sumitomo Chemical Company for the purpose of developing and delivering next […]
