The Public Sector Pension Investment Board (PSP Investments) and existing investor, BC Partners announced the acquisition of a significant minority stake in Allflex Group. Allflex is a global animal intelligence and monitoring technology leader, bringing the latest technologies such as radio frequency identification, tissue sampling devices, visual ear tags, RFID implants milk meters, and other […]
Boston-based biotech startup, Ginkgo Bioworks, has raised $100 million Series C backed by Y Combinator’s Continuity Fund, Senator Investment Group, Cascade Investment, Baillie Gifford, Viking Global Investors, and Allen & Company LLC. Founded in 2008, and launched through Y Combinator two years ago, Gingko Bioworks originally operated on $15 million in federal defense funding. Over […]
Sentera LLC, manufacturer of drones and application software for the agricultural sector, has closed on an $8.5 million Series A backed by undisclosed agribusiness investors, reports The Star Tribune. The company plans to use the new capital to fund the expansion of their team and to accelerate product development. Sentera’s main mission is to keep drone […]
Bayer has taken another step to provide farmers with innovative solutions after signing a memorandum of understanding (MOU) with satellite imagery company, Planetary Resources. Planetary Resources is an aerospace company involved in a range of space-based initiatives and works within its Ceres platform using space-based sensors to capture land-based imagery during both day and night. Bayer […]
By GAI News Staff A new accelerator focusing on growing agtech startups that are positioned to sustainably improve agricultural productivity along the farm-to-market value chain has been launched out of Triangle Park, North Carolina. AgTech Accelerator™ was launched with an initial close of $11.5 million, which was led by Alexandria Venture Investments, the venture arm […]
Singapore’s sovereign wealth fund Temasek is in advanced discussions to back India-based online restaurant Rebel Foods, local Indian reports. Temasek is eyeing a capital injection of between $100 million and $150 million into Rebel Foods, which is behind cloud kitchen brands such as Faasos and Behrouz Biryani. Talks between the two companies are reportedly in […]
