AgReads®
Arable Labs, a pioneer in data-driven agriculture, closed a $20 million funding round. The company builds affordable tools that help people collect and synthesize site-specific agricultural data. The round was led by Prelude Ventures, and includes new participation by M2O, AVG’s Nassau Street Ventures, and Tridon, as well as investment from Arable’s existing investors including […]
Terramera, a Vancouver based AgTech firm, has announced its plans to build a $555m (C$730m) Global Centre for Regenerative Agriculture in Canada. Terramera hopes to raise the C$730 million from private investors as well as federal and provincial governments. The proposed C$730 million in funding would go towards securing 250,000 to one million square feet […]
Vertical-farm company Plenty Unlimited Inc. has raised $140 million in new funding to build more vertical farms around the U.S. The Series D funding round was led by Softbank Vision Fund 1 along with Driscoll’s, the world’s leader in fresh berries. To date, Plenty has raised over $500 million, making it the leader in sustainable, […]
Leaf, a food and agriculture data infrastructure company, has raised a $2 million seed round led by Cultivan Sandbox Ventures and SP Ventures. Existing investor Radicle Growth also joined the investment round. It was founded in 2018 with a mission to lower the barriers to entry in food and agriculture technology by providing developer-friendly API […]
Australian agricultural supply chain platform, Entrust, has announced that it will operate on Hedera Hashgraph. Entrust was co-founded by Jeffrey Grosset of Grosset Wines in part through AU$150,000 ($108,000) in backing from the Australian government. The beta platform is currently being tested by more than a dozen companies in the Clare Valley wine region of […]
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 […]
Harvest Genomics was chosen by a jury of high-profile industry judges as the $10,000 grand prize winner of the 2020 Gryphon’s LAAIR Pitch Competition. The Gryphon’s LAAIR program is funded by the Ontario Agri-Food Innovation Alliance and supports the commercialization of research findings for the benefit of the Ontario agri-food sector. The Gryphon’s LAAIR Pitch […]
Robert Morris, founder and CEO of agricultural-imaging company TerrAvion Inc., sent customers an email saying the company was closed effective September 4, 2020. TerrAvion, started its journey in 2013, and offered farmers a high-tech view of their fields from above, including data about what’s working with a crop and what needs improvement. “If you are […]
Ag-tech Israel Virtual Exhibition (sponsored by AWS and Naschitz Brandes Amir) will showcase Israel’s leading agriculture technologies and startups via an exclusive, immersive and engaging experience. This unique expo, being presented for the first time on a virtual art gallery platform, will open on September 7th, run for one full week and be accessible 24/7. […]
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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