Agtech

  • UAE’s Pure Harvest Raises Over 60 Pct of Seed Round; Welcoming Interested Investors

    UAE-based agtech enabled arid climate agribusiness Pure Harvest Smart Farms (Pure Harvest) announced it has raised over 60 percent of a $4.5 million seed round and has made appointments to its advisory board. Co-founded by Silicon Valley private equity investor Sky Kurtz and his Emirati business partner Mahmound Adi, and backed by Abu Dhab

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  • Nestlé Partners with Rabobank, RocketSpace in Food and Ag Accelerator

    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

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  • Mellinger’s Minutes: Executives in Transition

    Non-Traditional Player Alert - Top Talent - I was contacted this morning by a former senior government figure seeking her next role in the agriculture sector. She had a sense that there may be dynamic and novel types of board and management roles to be found among investors, private equity, venture capital, and agtech non-traditional players w

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  • Avrio Fund III Closes Sixth Investment

    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

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  • “Post Organic” Vertical Farming Gains $20M

    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

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  • Gobi Partners Leads $7M Round for Chinese Drone Sharing Startup

    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, wh

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  • Three Innovations Driving the Second Agtech Boom

    By Michael Helmstetter, CEO, TechAccel The only constant is change. Yet, for decades now, the agriculture industry has been defying this principle by pursuing a course of unsustainable consolidation. The biggest ag players have left critical challenges unanswered while producers have weathered a brutal downturn in the commodities market.

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  • Mellinger’s Minutes: AgTech Trends – Asia

    AgTech trends - I've been traveling the last two weeks meeting with agricultural stakeholders. Japanese agtech firms are proliferating to meet the demographic and productivity challenges of farming in Japan, and they wish to offer their solutions across Asia, and the world. I met with firms with robotics technologies for handling delicate f

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  • American Robotics Raises Initial Seed Round

    Boston, Massachusetts-based American Robotics announced it has raised $1.1 million through an initial seed round led by angel investors and including Brain Robotics Capital LLC - a fund that backs science-based companies in the AI, robotics, and IoT sectors. Founded by alumni from Carnegie Mellon and Stanford Universities, American Robotic

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  • Boston AgTech Innovation Spotlight: American Robotics

    As a lead up to GAI AgTech Week 2017, the GAI team thought it would be interesting to tell you about some of the local agtech players we've been meeting during our planning of this third annual agtech event, which will take place in Boston in June. American Robotics Reese Mozer Founder & CEO American Robotics is a drone develop

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