Bushel, which provides a software platform that allows grain elevators, cooperatives, and ethanol plants to digitally connect with their growers for real-time information and payments, has announced a $7 million private investment round. This funding follows an initial $1.5 million round raised last June, which also was through private investors in the agriculture and software industries. The funding will […]
Precision ag and data management solutions company Farmers Edge continued its spate of activity by announcing a new partnership with Raven Industries, Inc., a leader in the application control market. The marketing and collaboration agreement will see the two companies working together to develop new precision agriculture technologies and expand Farmers Edge’s digital agronomy and risk management […]
New Brunswick, Canada-based predictive analytics company Resson has announced a $14 million Series C round of financing led by the world’s largest selling tractor company Mahindra & Mahindra, joining existing strategic partners McCain Foods and Monsanto Growth Ventures. Existing investors Build Ventures, Rho Canada, BDC Capital, East Valley Ventures, and the New Brunswick Innovation Foundation also participated. Using tractor and […]
ADM Capital’s Cibus Fund, joined by existing investors GreenSoil Investments and Middleland Capital, have made a $10 million Series C investment in Rootility, an Israeli-based developer of innovative root-focused plant breeding methods to increase crop yields and overall agronomic performance. The new investment round will enable the company to expand its sales in new territories […]
Landlocked, Pennsylvania-based vegan seafood company Good Catch has raised a $5.5 million Series A from Stray Dog Capital. Co-founded in 2017 by brothers Chad and Derek Sarno, Chris Kerr, Eric Schnell, and Marci Zaroff, Good Catch offers high protein, nutrient-rich, plant-based seafood products made from a proprietary mix of six beans – pea, soy, chickpea, […]
Frutarom Ltd., one of the world’s top 10 flavor and fine ingredient companies, is opening FoodNxt, a fully-equipped innovation lab for food-tech startups that will focus on developing all-natural ingredients for the global food and beverage industry. Working in partnership with the Israel Innovation Authority, the lab will be located in the north of Israel and be […]
A$500,000 raised by Adelaide-based startup T-Provenance will help pilot its blockchain technology with Northern Australian mango producers. The project includes a A$300,000 grant from the Cooperative Research Center for Developing Northern Australia (CRCNA), as well as Data61. Availer, the agtech betaworks responsible for co-founding T-Provenance, is working on commercialization at this point, said Andrew Grant, […]
Small hold farmers in emerging markets in East Africa and Central America will have greater access to energy efficient cold storage and food processing technology as UK-based Inspira Farms put €4.15 million (US$5.1 million) in newly acquired finding to work. The Series A Round, first announced in 2017 and just expanded, saw participation by Factor(e) Ventures, PYMWYMIC, Energy Access Ventures, […]
Right on the heels of announcing a $100 million tech collaboration with CRISPR startup Plantwise, Monsanto has entered into a research deal with St. Louis-based startup RNAgri, whose RNA interference (RNAi) technology can result in decreased production of a protein to achieve a desirable physiological outcome or trait. RNAgri’s system produces RNA, which can be used […]
As stated in an announcement made to the Australian Stock Exchange (ASX), New Zealand-based agricultural IoT company CropLogic has plans to acquire Tasmanian precision agriculture and monitoring firm Ag Logic Pty Ltd. The move provides CropLogic with a presence in the Australian market and new opportunities for research and development. No date was given for completion of […]
