Clean Growth Fund Backs HutanBio to Advance Algae-Based Biofuel
photo credit: HutanBio By Lynda Kiernan-Stone, Global AgInvesting Media Founded by scientists from Cambridge University and in Malaysia, biotech company HutanBio has a mission to disrupt the biofuels industry through the commercialization of HBx, its carbon-negative biofuel designed to serve the transition to net zero in the marine and
Read moreFA Bio Closes on £5.3M to Discover Microbes for Game-Changing Bioproducts
By Lynda Kiernan-Stone, Global AgInvesting Media British biotech company FA Bio announced it has closed on £5.3 million (US$6.68 million) to continue its work discovering superior microbes for bioproducts that will improve soil health, increase crop yields, protect biodiversity, and replace chemical inputs to reduce greenhouse gas emissio
Read moreFOTONIQ Closes on Investment Round to Make Greenhouses More Efficient
By Lynda Kiernan-Stone, Global AgInvesting Media As arable land suitable for agricultural production is in finite supply, FOTONIQ views greenhouses as the future of agriculture. And as high-tech greenhouse production continues to gain ground, the company sees the need for greater sustainability and efficiency to help growers increase produ
Read moreSyngenta Group Ventures Leads $38M Series D to Improve Global Fresh Produce Supply Chain
By Lynda Kiernan-Stone, Global AgInvesting Media Syngenta Group Ventures has led a $38 million Series D for ProducePay, recognized as one of Fast Company’s Most Innovative Companies and the World Economic Forum’s newest Unicorn Innovators for its work transforming and strengthening fresh produce supply chains. Joining Syngenta Gro
Read moreReflections on 2023 AgTech Trends
By S2G Ventures This is the first installment of a series looking back on our report, "Trends Shaping the Future of Food in 2023." 2023 was a tough year for startups. It was the warmest year on record, and emissions from fossil fuels hit a new high. Geopolitical turmoil, inflation, rising interest rates, hesitant corporate customers, c
Read moreFuture Food Fund II Announces Final Close at €40M
By Lynda Kiernan-Stone, Global AgInvesting Media More food tech news out of Europe. Dutch agrifood tech impact investor Future Food Fund II (FFF II) announced its final close at €40 million (US$43.11 million) with the support of aligned entrepreneurs and other high-profile backers such as the European Investment Fund (EIF) - which commit
Read moreElanco Sells Aqua Business to Merck in $1.3B Deal
By Lynda Kiernan-Stone, Global AgInvesting Media After a year-long review process, Elanco Animal Health announced it has agreed to sell its aqua business to Merck Animal Health for approximately $1.3 billion in cash. Generating about $175 million in revenue and an approximate $92 million in adjusted EBITDA, the business includes product
Read morePlanet A Foods Raises $15.4M Series A for Cocoa-Free Chocolate
By Lynda Kiernan-Stone, Global AgInvesting Media Chocolate is almost universally loved. But the cocoa industry has been long-beset with challenging issues – economic, environmental, and social – including climate change, deforestation, child labor issues, and smallholder producers earning barely the price of a candy bar per day. In
Read moreSaga Robotics Gains $11.5M for US and UK Expansion
photo credit: Saga Robotics By Lynda Kiernan-Stone, Global AgInvesting Media As agtech steps up to develop and provide sustainable solutions for the future of agriculture, Norway-based Saga Robotics has successfully closed on $11.5 million in growth capital. This funding was committed by existing investors Nysnø Climate Invest
Read moreTall Grass Fund I Adds Farm Credit Canada as a Key Investor
By Lynda Kiernan-Stone, Global AgInvesting Media Tall Grass Ventures, a Canadian investment firm with a focus on early-stage agri-food tech startups, announced it has welcomed Farm Credit Canada (FCC) as one of the largest investors in its inaugural fund - Tall Grass Fund I. “Tall Grass is excited to have the support of FCC as w
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