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Agriculture AgTech Precision Agriculture

Understory has been awarded as ‘AgTech Insurance Solution of the Year’

Understory, a company solving the coverage crisis with parametric insurance for severe weather, has been awarded ‘AgTech Insurance Solution of the Year’ by AgTech Breakthrough, a leading market intelligence company. Climate-vulnerable businesses around the world rely on Understory’s parametric insurance for financial protection from hail and frost damage. Prior to Understory, the vast majority of […]

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AgTech Horticulture Precision Agriculture

Nordetect, a biochemical analytics startup won Priva’s “Horti Heroes” challenge

Denmark-based AgTech startup Nordetect won €10,000 Priva’s Horti Heroes challenge, which showcased companies innovating in the horticulture space. This competition was designed to discover pioneering technologies in the horticulture space and providing the winner with the potential opportunity to form a strategic partnership with Priva. Nordetect have developed a novel sensing method based on chemical-based […]

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AgTech Fund Raise Precision Agriculture

Indoor Farming Startup iFarm raised $4M

iFarm, a startup offering innovative solutions for growing fresh greens, berries and vegetables, raised $4M in funding round led by Gagarin Capital. Other investors include Matrix Capital, Impulse VC, IMI.VC and several business angels. iFarm has 11 industrial farms operating and under construction in Finland, Switzerland, UK, Netherlands, Andorra, Russia and Kazakhstan with a total […]

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Agriculture AgTech Fund Raise Precision Agriculture

Agritech company MagGrow raises €6m for crop-spraying technology

Irish agritech company MagGrow raises €6m for crop-spraying tech in Series A round of funding led by Astanor Ventures. It brings the total fund raised for the Agritech startup to €18 million. MagGrow uses magnetic technology to spray crops more precisely, producing higher crop yields, and reducing water and pesticide use. Farmers using the system […]

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AgTech BioTech Precision Agriculture Sustainability

Novel pheromones to combat climate change

PheroSyn, a company spun-out from Rothamsted Research, the world-leading agricultural research centre, has announced its plans to develop and supply new types of insect pheromones.  PheroSyn’s mission is to develop and supply novel insect pheromones that will be deployed to protect crops and reduce the use of pesticides. The first products are designed to target […]