UK-based global consumer and wholesale bank, Barclays announced the formation of a new, dedicated agtech team that will focus on facilitating connections between UK agtech startups and farmers with the goal of boosting innovation. The agtech sector in the UK contributes £14.3 billion (US$18.2 billion) to the country’s economy, according to the bank, and accounts […]
Minnesota-based self-described “consumer-centric, food and agriculture-focused” biotech company Calyxt announced it has secured an agreement with American Natural Processors (ANP) to crush Calyxt’s gene-edited high-oleic soybean variety for the production of the company’s high oleic soybean oil. Calyxt is a company with a mission to use technology to develop crop traits that produce healthier food […]
Indian global startup catalyst T-Hub has partnered with Australia’s Beanstalk AgTech, a venture builder targeting the scaling of high-growth potential agtech startups, for the Australia-India AgTech Market Access Platform. Launching at the beginning of 2019, the program, which is sponsored by the Australian Department of Foreign Affairs and Trade, will convene at Beanstalk Labs in […]
As of 2020, each EU member state will have the ability to direct its own allocation of funding and direction for agtech innovation, and not the European Commission, as per the Common Agricultural Policy (CAP), said EU Agriculture Commissioner Phil Hogan. Hogan expressed in a recent interview that the experience of the past year under […]
San Francisco-based indoor vertical farming startup Plenty is bringing its vertical indoor farming technology to the Middle East, building its first overseas facility in Abu Dhabi in the United Arab Emirates (UAE). Founded in 2014 by Matt Barnard and Nate Storey in San Francisco, Plenty grows leafy greens including purple Siberian kale, red leaf lettuce, […]
Albertsons, one of the largest food and drug retailers in the U.S., andGreycroft, a leading bi-coastal venture capital firm, have partnered to launch a $50 million fund to invest in innovative technologies that impact the grocery sector. With stores located across 35 U.S. states and the District of Columbia under 20-popular brand names including Albertsons, […]
Australian Stock Exchange (ASX) listed, New Zealand-based agricultural IoT company CropLogic has partnered with Australian agtech startup accelerator and co-working innovator SproutX to deploy its technology through the Mildura Regional Development Smart Farm project. The project, which is being conducted as a means of laying the groundwork for future growth in the Mildura region’s horticulture […]
Food safety technology startup FoodLogiQ announced the launch of a blockchain pilot in partnership with a select group of customers, which will begin in Q3 of this year. Partnering with AgBiome Innovations, Subway/Independent Purchasing Cooperative, and existing investors Testo and Tyson Foods, this initial pilot program will test the viability of blockchain to increase […]
German urban farming company Infarm announced that it has secured $25 million in Series A funding. The round was led by Balderton Capital, Europe’s largest early stage venture capital investor, with participation from TriplePoint Capital, Mons Investments LLC, Cherry Ventures, QUADIA, and LocalGlobe. Infarm has raised $35 million (€24M) to date, including a €2M grant from the European […]
Proagrica, a provider of farm management software, has announced that it has entered into a definitive agreement to acquire the entire issued share capital of Stillwater, Oklahoma-based precision ag services company SST Software. The deal is expected to close before the end of Q1 2018, after which SST will continue to trade under the SST brands […]
