Tech-focused venture capital fund 8VC has led a $1.75 million seed round for AgVend, a leading e-commerce retailer for agriculture inputs and services. Green Bay Ventures, Precursor Ventures, FJ Labs, Seahawk Capital, The House Fund, T-Bird Capital, and Escondido Ventures also participated in the round, which will go toward building the AgVend team and expanding nationwide. AgVend partners with […]
The nascent cultured meat segment got another vote of confidence from investors with startup Wild Type grabbing $3.5 million in funding, led by Spark Capital, with participation from Root Ventures, Mission Bay Capital, and a group of angel investors. The company is developing a tool to multiply animal cells to create meat, as opposed to […]
It’s no secret that Israel has invested heavily in the agtech sector, with the domestic size and scope of the sector far outpacing the size of the country. Israel is challenged by both climate and the availability of arable land, and has subsequently turned to technological innovation and entrepreneurship to not only address its own needs for […]
Food safety technology startup FoodLogiQ, which just last month announced $8 million in third round funding from German tech giant Testo, has secured additional participants and brought its finding total up to $19.5 million. In addition to Testo, the now oversubscribed round was led by Renewal Funds, and includes Tyson Ventures, Pontifax AgTech, Nicola Wealth Management, and Greenhouse Capital, an investor […]
CRISPR is in the news again, with California-based agtech startup Pairwise Plants securing a total of $125 million, including a $100 million technology collaboration with Monsanto accessing and developing Pairwise IP in row crop applications. The two companies will work together on gene-editing corn, soybeans, wheat, cotton, and canola crops. Pairwise also recently closed a $25 million Series A financing […]
Exfinity Venture Partners, a “frontier technology fund backing enterprise companies in India and across the India-U.S. business corridor” has made a $2 million seed round investment in California-based AgShift, which is developing a system that reduces waste by autonomously inspecting produce and other commodities for defects. Its “deep learning” data-based analysis perform quality assessments and makes independent judgments based on USDA specifications or a […]
Anterra Capital has announced a $75 million extension to its fund, bringing its total to $200 million. The fund, which is backed by Rabobank and Eight Roads, the proprietary investment division of Fidelity International Limited, has offices in Amsterdam and Boston. Anterra has already made investments with the new funds, including Agriconomie, a marketplace for farmers and […]
Hazel Technologies, a Chicago-based startup focused on increasing the shelf life of produce, has announced the closing of a $3.26 million Series A investment led by fellow Windy City concern S2G Ventures. Other participants in the financing included previous seed round lead investor Rhapsody Venture Partners, as well as Serra Ventures, Valley Oak Investments, and Climate Impact Capital. Hazel has […]
The joint venture founded last September by Bayer and Ginkgo Bioworks has been officially named and will be known as Joyn Bio. Since its founding, the concern has established research operations in Boston, Massachusetts, and opened additional facilities in West Sacramento, California. The name Joyn Bio references the partnering of the two parent companies, as well as the natural symbiosis between plants […]
Led by Finistere Ventures and Radicle Growth acceleration fund, New Zealand-based agtech startup BioLumic, which has created a new solution using ultraviolet (UV) light to complement traditional chemicals or biologicals to increase crop yield, announced the close of $5 million in Series A financing. Rabobank’s recently launched Food & Agri Innovation Fund and existing investors from New Zealand also participated. […]
