Agriculture and farming is one of the oldest and most important professions in the world. Humanity has come a long way over the millennia in how we farm and grow crops with the introduction of various technologies. By 2050, the planet’s population is likely to rise to 9.7 billion, a rise of 2 billion from […]
Author: AgReads®
AgReads® is an online platform that focuses on sharing the latest news, insights, and analysis in the agrifood sector, including AgTech, FoodTech, and agribusiness. Its mission is to provide powerful insights and robust information to help agrifood professionals succeed globally.
Cape Town-based Aerobotics, uses aerial imagery from drones and satellites, and blends them with machine learning algorithms. This helps in early problem detection and offer personalised solutions to tree and wine farmers and optimise crop performance. The startup’s cloud-based application Aeroview provides farmers with insights, scout mapping and other tools to mitigate damage to tree […]
Insurance Australia Group Limited (IAG) is the largest general insurance company in Australia and New Zealand. The Group’s businesses underwrite almost $12 billion of premium per annum, selling insurance under many leading brands. IAG, Australia’s largest general insurer, made the investment in Digital Agriculture Services (DAS) through its $75 million venture capital fund Firemark Ventures. […]
The idea of extracting valuable ingredients from waste products and processing by-products is not a new one but new extraction technologies and increasing demand for natural ingredients could open up new avenues for extracting value-added ingredients. Now-a-days, food wastes are considered as a cheap source of valuable components. Exploitation of the entire plant tissue could […]
The winners of Fast Company’s 2020 World Changing Ideas Awards were announced on April 28, 2020, honoring the businesses, policies, projects, and concepts that are actively engaged and deeply committed to flattening the curve when it comes to the climate crisis, social injustice, or economic inequality. Mycocycle, Inc.: Converting Waste Streams into Value Streams has […]
When it comes to business, food processing seems to be an obvious choice for most of the entrepreneurs. There could be a considerable number of reasons for this apparent choice. Some of the prominent ones could be: Our exposure to a range of food available in our vicinity and our food consumption habits. Media speaks […]
Phoenix Commodities, a trader of agricultural products with offices in Dubai and Singapore, is being liquidated after amassing more than US$400 million (S$567 million) in potential trading losses. It was valued at $1.1bn-$1.24bn as recently as January, according to a document filed by its provisional liquidators.. The Phoenix Group, which was registered in the British […]
Blockchain for Food and Agriculture
Blockchain is an emerging technology allowing universal transactions among distributed parties, without the need of intermediaries. Blockchain is not a single technology but uses a combination of technologies that have a considerable history in computer science and in commercial applications like public/private key cryptography, cryptographic hash functions, database technologies especially distributed databases, consensus algorithms, and […]
Biotalys NV, a food and crop protection company, announced the results from more than 100 field trials of its innovative biofungicide, BioFun-1, which is on track to launch in the United States in 2022. BioFun-1, an eco-friendly and innovative biofungicide, provides growers with a novel mode of action to address increasing fungicide resistance, with potential […]
MicroGen Biotech has raised $3.8 million (€3.47 million) in a funding round led by a number of top US and European agtech investors. MicroGen Biotech is an Irish biotech startup company founded in 2012 by Dr. Xuemei Germaine and a spin-out of the Institute of Technology Carlow. It utilises patented isolation and high-throughput screening methods […]
