The agricultural production system is under pressure to increase output by 70 percent by 2050 to meet the food demands from a growing population. Billions of dollars and monumental innovations have been expended to develop and commercialize agtech solutions, however, adoption among farmers has been slow due to the risks associated with integrating these new […]
Co-working startup WeWork announced its second lab dedicated to advancing innovation, which will center on food tech. After a successful relaunch, WeWork Labs, an accelerator program operating under the WeWork brand, has grown to 49 locations across 32 global cities, including sites in Brazil, China, India, and Germany. Now, following the establishment of an accelerator […]
AcreTrader has launched a first-of-its-kind technology platform that allows individual investors to own American farmland by-the-share for as little as $1,000. “Farmland is a highly attractive alternative asset class with historically low volatility and impressive, debt-free returns,” said Carter Malloy, CEO, AcreTrader. “Unfortunately, aside from buying an entire farm and managing it, the few investment […]
Benson Hill Bioscience, and California Hemp Corporation, a tech-driven genetic company focused on the hemp seed market, have announced a sponsored research agreement with the laboratory of Dr. Edward Charles Brummer at the University of California, Davis. Founded in 2012 in response to the global need to produce more food from existing arable acreage with […]
FluroSat, an Australian agtech startup leveraging AI technology to improve agricultural yields, has been awarded A$3 million (US$2.15 million) in funding through the country’s Cooperative Research Centers (CRC) Program – the key program to manage Australia’s $29.9 million investment in AI for the period 2018-2022. FluroSat and its commercial partners – Agworld, a farm management […]
Austrade, Australia’s national promotion agency for trade and investment, has launched Australia for Agriculture 4.0 – a new initiative with the goal of transforming overseas interest in agtech and food tech into capital investment in the country’s startups. “Australian agricultural and food producers are quick to harness cutting-edge technologies to deliver high-quality, traceable raw materials and […]
Israel food tech startup Tastewise has announced the launch of its AI-powered intelligence platform designed to predict rapidly changing food trends and consumer tastes. The company’s platform leverages machine learning to determine future culinary trends by analyzing billions of consumer food and beverage touchpoints through the consideration of more than 1 billion online shared food […]
California-based SVG Partners announced the expansion of its THRIVE AgTech accelerator program to the U.S. Midwest with the intent of focusing on driving advancements in agriculture and animal health. The venture and innovation firm is collaborating with the National Pork Board, AgriNovus Indiana, Elanco Animal Health, Purdue Foundry, and its long-term partner Land O’Lakes to […]
Archer Daniels Midland (ADM) and Cargill have partnered through a joint venture to launch Grainbridge, a technology platform providing grain marketing decision support and e-commerce and account management software for farmers in North America. “While remaining strong competitors, we recognize the need to advance technology for farmers and believe that together we can accomplish that […]
ADM, Bunge, Cargill, and Louis Dreyfus, the four global behemoth agribusinesses known as the A-B-C-D’s, announced they are partnering to pursue ways to use technology to digitize and standardize the global agricultural commodity value chain. Understanding that the integration of technologies such as AI and blockchain will provide opportunities to increase transparency and efficiency for […]
