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Agriculture Commodities Fund Raise Grains

Indian agritech startup Arya bags $ 21 Mn In Series B Round

Indian agritech startup Arya has raised USD 21 million in a mix of equity and debt in a Series B funding round from a clutch of investors, including Quona Capital, alongside existing investors LGT Lightstone Aspada and Omnivore. Arya provides post-harvest services across the agricultural value chain, including warehousing, warehouse receipt financing, rural storage discovery, […]

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AgTech AI Digital Solutions Fund Raise

Thailand based AgTech startup Ricult raised $2 m

AgTech startup company in Thailand, Ricult raised $2 million in new investment, bringing its total funding to $5 million, according to Nikkei. The company uses proprietary machine learning algorithms, leveraging satellite imagery, agronomic models and weather data to provide precision agritech services to farmers. The round was led by Bualuang Ventures and Krungsri Finnovate. Among […]

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Agriculture AgTech Investments

AgTech firm Farmers Business Network raises $250M

Farmer’s Business Network, Inc., a US based agtech firm with a mission to power the prosperity of family farmers around the world by helping them maximize their profit potential, has closed a $250m Series F funding round. The round was led by BlackRock Inc., with participation from new investors Baron Capital Group, Balyasny Asset Management […]

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Bankruptcy Commodities

Phoenix Commodities has gone into liquidation after amassing $400m in potential trading losses

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 […]