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AgTech Biotech

Innatrix has been awarded a NSF grant of $225k to address critical crop losses

AgTech startup Innatrix has been awarded a National Science Foundation (NSF) Small Business Innovation Research grant of $224,594 to conduct research and development on creating high-affinity protein ligands to address critical crop losses caused by damaging pathogens and pests.

Innatrix is developing technology for the production of high-affinity, high specificity protein ligands to protein targets of interest. It’s area of applied focus are the agricultural and pharmaceutical sectors.

“This award allows us to advance our mission to create environmentally-friendly, sustainable products that will allow farmers to overcome losses caused by pathogens and pests.”

Dr. Jiarui Li, Research Director at Innatrix.

Innatrix has also invented a proprietary apparatus named the EvoStat™. It is an automated platform for protein engineering and provides advanced control, reporting, recording, simulation, and remote access. Infra-red and image processing-based monitoring provides control of temperature, mixing, turbidity, medium supply, culture volumes and flow rates.

“NSF is proud to support the technology of the future by thinking beyond incremental developments and funding the most creative, impactful ideas across all markets and areas of science and engineering.”

Andrea Belz, Director, Division of Industrial Innovation and Partnerships at NSF

The National Science Foundation (NSF) is an independent federal agency created by Congress in 1950 “to promote the progress of science; to advance the national health, prosperity, and welfare; to secure the national defense…” NSF is vital to US because it support basic research and people to create knowledge that transforms the future.

The startup is open to collaborations in the agricultural sector in which the production of high affinity protein ligands to targets of interest would be beneficial.

Read more at Innatrix News.

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AgTech Biotech

TerMir selected as the winner of AgTech Innovation Competition

TerMir Inc., a North Carolina–based agtech company, focusing on solutions for citrus greening and natural weed control, has been selected as recipient of funding and membership of AgTech Innovation Competition hosted by Alexandria LaunchLabs. Alexandria’s national competition, was successful in attracting approximately 70 emerging agtech applicant companies in areas like crop protection, digital platforms, robotics, next-generation fabrics and animal vaccines from 20 states across the United States.

In May, TerMir and six other finalists—Agrynex (New York), Ascribe Bioscience (New York), EarthSense (Illinois), GALY (California), Mazen Animal Health (Missouri) and TreeCo (North Carolina)—presented their pitches virtually before an esteemed panel of judges. Alexandria LaunchLabs – AgTech selected TerMir as the $100,000 AgTech Innovation Prize winner based on its proprietary, patent-protected technology with a new mode of action for controlling the bacteria that causes citrus greening disease.

“Strategic efforts like our AgTech Innovation Prize are vital to fostering the next generation of leading agtech companies who hold the promise of developing groundbreaking solutions aimed at ensuring a sustainable, accessible and healthy global food supply.”

Blake Stevens, PhD, Head of Alexandria LaunchLabs®

The TerMir team is excited to be selected as the prize winner and to become an active member of the campus communities of Alexandria LaunchLabs. Founded in 2016, Raleigh-based TerMir is developing:

  1. An innovative, safe, and effective treatment for citrus greening. Ichor™, a patented formulation of TerMir break the bacterial disease cycle and eradicate citrus greening.
  2. A novel biological herbicide portfolio of products, based on a series of plant extracts, to control weeds and enhance crop growth.

Alexandria remains focused on providing mission-critical infrastructure and capital to the essential agtech industry. LaunchLabs provides move-in-ready office and laboratory space, shared equipment and services, creative amenities, and access to capital through its Alexandria Seed Capital Platform. The facility is also home to UPL, Indigo Ag, and Boragen.

Read more at ALEXANDRIA

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AgTech Biotech

AgTech startup Enko Chem raises $45 million to bring sustainable biopesticides to market.

Enko Chem Inc. (Enko) publicly launched after securing $45 million in a Series B round of financing, bringing its total funding raised to date to $66 million. Specialised in small-molecule pest control products, the startup’s tech platform is used to discover new ways to protect crops from pests and diseases.

The Bill & Melinda Gates Foundation was driven to invest in the startup because of the potential for its technology to help smallholder farmers in Africa and Asia. The latest round attracted a strong mix of existing (Anterra Capital and Rabo Food & Agri Innovation Fund) and new investors (Finistere Ventures, Novalis LifeSciences, Germin8 Ventures, TO Ventures Food).

“We’re committed to ensuring that smallholder farming communities in sub-Saharan Africa and South Asia have access to affordable innovations that can safely and sustainably control crop pests and diseases, which are likely to intensify and spread into new areas due to climate change.”

Dr. Vipula Shukla, Senior Program Officer, Agriculture, Bill & Melinda Gates Foundation.

Instead of using traditional high-throughput methods to screen molecules for pesticide activity, it uses DNA-encoded libraries to select candidates from among billions of molecules. The technique, pioneered in the drug industry, is less expensive than older methods and allows researchers to run parallel experiments with different targets.

“You can improve safety and outcomes if you know a lot more about the target in the pest you are trying to inhibit. It gives us options to combat pesticide resistance and allows us to address safety and efficacy at the very start of the process.”

Jacqueline Heard, Founder and CEO Enko Chem Inc.

The startup’s launch comes as the need for pesticide alternatives and crop protection becomes more pressing. The factors behind the increase in biopesticides demand are the restrictions on chemical pesticides, the need for residue-free products, and an increase in environmental awareness.

At a time when more than 600 pest species have developed some form of resistance and threaten yield losses of up to 40 percent, Enko is pioneering a new approach by integrating complementary technologies to develop improved products that meet or exceed the safety and sustainability demands of farmers, consumers and regulators around the globe.

Read more at Enko

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AgTech Biotech

AgTech Company Bee Vectoring Technologies “BVT” announced three new deals with Michigan blueberry growers

AgTech Company Bee Vectoring Technologies International Inc. “BVT” announced three new deals with Michigan blueberry growers to use BVT’s natural precision agriculture system. By adding Michigan’s 20,000 acres, BVT has now penetrated 83% of the US blueberry market. BVT, founded in 2012, is a leading technology company that uses commercially-reared bees to deliver sustainable and effective crop control. BVT system provides the foundation for comprehensive, stackable and highly targeted pest and disease management solutions.

“With these new deals, BVT has successfully penetrated key blueberry growing markets throughout the US in a single growing season. Since EPA approval in September 2019, we have entered the Georgia, Florida, North Carolina, South Carolina, Michigan, Oregon and Washington blueberry markets as well as the Florida strawberry market.”

Ashish Malik, CEO, Bee Vectoring Technologies

Essentially, the company’s solution harnesses the power of nature’s best workers, helping growers improve crop quality with a significant decrease in the use of chemicals. BVT’s easy-to-use tray system introduces natural organic compounds to commercially-reared bees as they exit the hive. As the bees pollinate, they leave behind the foundation for a season-long, targeted pest and disease management program. The bees remain healthy and happy throughout the process.

Bee vectoring technology may sound complicated, but it’s actually a very simple, natural process. This technology replaces chemical pesticides and wasteful plant protection product spray applications by delivering biological pesticide alternatives to crops through precision application. BVT’s comprehensive stackable pest and disease management solutions are highly targeted to help growers easily improve quality in numerous crops, for example: strawberries, sunflowers, apples, tomatoes, canola, blueberries and others.

The expectation is that growers working with BVT will generate strong word of mouth to attract new customers to the Company in the following seasons to come.

Read more at Stockhouse.

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AgTech Investments

Greeneye Technology, an Israeli AgTech startup closed a seed funding round of $7 million

Greeneye Technology, a leading AgTech company with a focus in precision agriculture, announced that it closed a seed funding round of $7 million, led by Jerusalem Venture Partners (JVP) and participation from Syngenta Ventures, 2B Angels, One Way venture, Panache Ventures Techstars, and Hyperplane Venture Capital.

The company is based in Tel-Aviv, Israel and was established in 2017. The founders have been working closely as a team since 2004, after serving together in the Israeli Special Air Force Unit. Greeneye provides an alternative and sustainable solution for the current crop protection practice in order to meet the globally growing demand for food, while increasing the profitability and productivity for farmers.

We are thrilled to have JVP an international leading VC fund and Syngenta as a strategic and industry expert investors to help fuel Greeneye’s growth. Both our investors share with us the understanding that the way farmers spray chemicals in agriculture is about to be massively disrupted to a more efficient and sustainable manner.

Nadav Bocher, Co-Founder and CEO, Greeneye Technology

Greeneye utilizes artificial intelligence and deep learning technology to revolutionize the pest control process in agriculture, transitioning from the current practice of broadcast and wasteful spraying of pesticides to precise spraying in real-time. Greeneye’s proprietary selective spraying (SPP) system turns every sprayer into a smart machine with seamless integration, and saves up to 90% of the chemical cost.

Greeneye’s technology maps an entire field with cameras at a plant level resolution, offering a robust scouting solution for detecting and killing weeds. Currently, farmers worldwide spray their fields uniformly without distinguishing between crops, soil, and weeds.

Read more at PR Newswire

Categories
Biotech

Biotalys NV developed biofungicide, with potential to address increasing fungicide resistance

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 for pre- and post-harvest applications. Biotalys aims to help farmers protect yields and reduce food waste by both preventing crop loss and extending post-harvest protection with sustainable and safe products.

In 2018, Biotalys demonstrated that BioFun-1 provided competitive and consistent protection against Botrytis cinerea when compared with commercial chemical fungicides and outperforming biologicals, in multiple crops and regions. Botrytis cinerea and powdery mildew, considerably impact yields and quality in a wide range of fruit and vegetables crops, and are responsible for significant food losses.

Biofungicide provides growers with a reliable, novel mode of action product to maximize the yield of high-quality fruits and vegetables. The extended shelf-life of tasty, appealing fruits and vegetables with substantially reduced residue levels adds significant value by addressing the needs of both consumers and growers, reducing food waste and securing global export.

About Biotalys: It is a rapidly growing and transformative Food and Crop Protection company developing a new generation of protein-based biocontrol solutions, shaping the future of sustainable and safe food supply. It was founded in 2013 as a spin-off from the VIB (Flanders Institute for Biotechnology) and its headquarters are located in the vibrant biotech cluster in Ghent, Belgium.

Read more at GlobeNewswire

Categories
AgTech FoodTech

Top AgTech and FoodTech Startups

AgTech and FoodTech are on the cusp of next era of productivity and environmental conservation while reducing food waste, improving carbon sequestration, improving water quality, and increasing renewable energy. Below is the glimpse of exceptional companies who are pushing the boundaries of innovation and technology.

These 100 innovative AgTech and FoodTech companies are categorised in 10 broad categories on the basis of specific problems addressed by them.

  1. Crop Nutrition, Health & Protection: AgBiome, Benson Hill Biosystems, BioConsortia, Biome Makers, Ginkgo Bioworks, Inari, Pivot Bio, Trace Genomics, ZeaKal, NewLeaf Symbiotics, Plant Response, Provivi, Semios, Terramera, Vestaron, Zymergen, Indigo Agriculture, Fieldin, Biotalys, Taranis, and TerViva.
  2. Farm Management & Forecasting: Arable Labs, Agrosmart, CropX, Growers Edge, PrecisionHawk, Resson, Solinftec, The Yield, Agworld, Bushel, CropIn, Farmer’s Business Network, Farmobile, Orbital Insight, Prospera Technologies and AgriWebb.
  3. Environmental Impact & Waste: MagGrow, Bowery, BrightFarms, Infarm, AeroFarms, Gotham Greens, Plenty, Enterra, Afresh, FoodMaven, Full Harvest, Lactips, TIPA, AgriProtein, Winnow, and WISErg.
  4. Labor: FarmWise, ecoRobotix, Robotics Plus, Bossa Nova Robotics, and Soft Robotics.
  5. Animal Nutrition & Health: Advanced Animal Diagnostics, and Stellapps.
  6. Food Quality & Safety: Ancera, Hazel Technologies, CMS Technology, Label Insight, Tastewise, Apeel Sciences, and Clear Labs.
  7. Storage, Transportation & Distribution: BluWrap, TeleSense, and Farmer’s Fridge.
  8. Traceability: FoodLogiQ, ICIX, IdentiGEN, and SafeTraces.
  9. Trade: Ninjacart, ProducePay, Brightloom, and Crowd Cow.
  10. Novel Foods & Ingredients: Good Catch, Imperfect Foods, Impossible Foods, JUST, Miyoko’s, Ripple Foods, Soylent, Sunfed meats, Clara Foods, DouxMatok, Epogee, Future Meat Technologies, Geltor, Hinoman, Innovopro, Manus Bio, Memphis Meats, MycoTechnology, Noblegen, Nuritas, Perfect Day, and Protifarm.

Source: SVG Ventures THRIVE Platform

Categories
e-Commerce

Go-to-market approach: Bayer joins hands with AgroStar

Bayer has partnered with AgroStar, a Pune-based e-commerce firm in the farm input space, to deliver seeds and crop protection products directly to the farmer’s doorsteps. Farmers in India can now order Bayer’s seeds and crop protection products through AgroStar’s digital agri-tech platform. With increasing incidence of online e-commerce platforms, the trend is fast catching up in the agricultural space. The company is hoping that the supply of good quality agri-inputs and digital agronomy solutions, can significantly increase farm productivity and farmer incomes.

Read more at TheHinduBusinessLine

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Uncategorized

Sumitomo Chemical Completes Acquisition of Four Nufarm South American Affiliates

Sumitomo Chemical Company, Limited (“Sumitomo Chemical”) has successfully completed, on April 1, 2020, the acquisition of four South American subsidiaries in Brazil, Argentina, Chile and Colombia, owned by the Nufarm Limited (“Nufarm”) business group, a leading Australian company in agricultural chemicals. By taking full advantage of the acquisition base, the company will be well positioned to have sustained sales growth for INDIFLINTM (inpyrfluxam), a new highly effective fungicide against Asian Soybean Rust, discovered by Sumitomo Chemical’s own technology , which will be launched in South American countries after 2020, and will achieve exponential growth in its crop protection income.

Read more at AgriTotal