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 […]
Tag: AgTech
The AgriTech Sector Development Team – a team comprising public and private-sector stakeholders from the UAE’s growing agricultural technology sector – convened for a workshop to explore proposed interventions to promote the adoption of technology in agricultural sub-sectors, with the objective of ensuring food security for current and future generations in the UAE. The team […]
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 […]
Tech giant Tencent has revealed its plan for creating a blockchain-based wine traceability platform in collaboration with Changyu, China’s biggest and oldest wine producer. It is said to be a nationwide first for the country’s domestic wine industry. Changyu Pioneer Wine Co. Inc., located in Yantai, Shandong, is China’s oldest and largest winery. It was […]
Indonesian aquaculture start-up eFishery, which provides access to feed, financing and markets to fish farmers, has raised Series B funding round co-led by Go-Ventures and the Northstar Group. Existing investors including sustainable aquaculture investment fund Aqua-Spark and deep tech VC Wavemaker Partners also participated in the round. “We are really inspired by the impact that […]
UPL Ltd. announced the opening of a state of the art R&D hub in Research Triangle Park, NC, USA. The OpenAg Center, will enable UPL to leverage its advanced R&D capabilities in partnership with other innovation based companies to characterize, develop and commercialize new sustainable agriculture solutions. The OpenAg Center is an important step in […]
AppHarvest, a startup building North America’s largest greenhouse, raised $28 million in a Series C funding round. It brings the total fund raised for the greenhouse startup to $150 million during the past two years. AppHarvest is building some of America’s largest greenhouses, combining conventional agriculture techniques with today’s technology to grow non-GMO, chemical-free produce. […]
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IAIN Agritech Innovation Fellowship
The India Agritech Innovation Network (IAIN) is an initiative supported by the Bill & Melinda Gates Foundation and the Tata Trusts, in partnership with Indian Institute of Technology Kanpur and the Collectives for Integrated Livelihood Initiatives (CInI) and powered by Social Alpha. It envisions to create an enabling ecosystem for innovators and entrepreneurs developing solutions for smallholder farmers in order to help them […]
Appleton-based Fork Farms, an agriculture technology startup that makes hydroponic systems, raised funds from TitletownTech venture capital fund, a $25 million fund and venture studio led by the Green Bay Packers and Microsoft. The VC fund, which is managed from the Packers’ Titletown District in Green Bay, writes checks between $100,000 and $1 million. Fork […]
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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