Categories
AgTech FoodTech

Attractive opportunities in Artificial Intelligence in Agriculture Market

Agriculture and farming is one of the oldest and most important professions in the world. Humanity has come a long way over the millennia in how we farm and grow crops with the introduction of various technologies. By 2050, the planet’s population is likely to rise to 9.7 billion, a rise of 2 billion from […]

Categories
AgTech Investments

South African agri-tech startup Aerobotics raised US$5.5 million in funding from Naspers Foundry

Cape Town-based Aerobotics, uses aerial imagery from drones and satellites, and blends them with machine learning algorithms. This helps in early problem detection and offer personalised solutions to tree and wine farmers and optimise crop performance. The startup’s cloud-based application Aeroview provides farmers with insights, scout mapping and other tools to mitigate damage to tree […]

Categories
AgTech Investments

Insurance Australia Group has bought a multimillion-dollar stake in Digital Agriculture Services

Insurance Australia Group Limited (IAG) is the largest general insurance company in Australia and New Zealand. The Group’s businesses underwrite almost $12 billion of premium per annum, selling insurance under many leading brands. IAG, Australia’s largest general insurer, made the investment in Digital Agriculture Services (DAS) through its $75 million venture capital fund Firemark Ventures. […]

Categories
Food Loss/Waste

10 most commonly produced products out of food waste

The idea of extracting valuable ingredients from waste products and processing by-products is not a new one but new extraction technologies and increasing demand for natural ingredients could open up new avenues for extracting value-added ingredients. Now-a-days, food wastes are considered as a cheap source of valuable components. Exploitation of the entire plant tissue could […]

Categories
AgTech BioTech

Mycocycle, Inc. selected as finalist in the Best World Changing Idea NA, Experimental, and General Excellence categories

The winners of Fast Company’s 2020 World Changing Ideas Awards were announced on April 28, 2020, honoring the businesses, policies, projects, and concepts that are actively engaged and deeply committed to flattening the curve when it comes to the climate crisis, social injustice, or economic inequality. Mycocycle, Inc.: Converting Waste Streams into Value Streams has […]

Categories
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 […]

Categories
AgTech BioTech

MicroGen Biotech has raised $3.8 million to ensure better food safety and soil health

MicroGen Biotech has raised $3.8 million (€3.47 million) in a funding round led by a number of top US and European agtech investors. MicroGen Biotech is an Irish biotech startup company founded in 2012 by Dr. Xuemei Germaine and a spin-out of the Institute of Technology Carlow. It utilises patented isolation and high-throughput screening methods […]

Categories
Education Press Release

Digital School of Food and Agriculture Launches Free Education App

Earlier this week, Digital School of Food and Agriculture launched a free mobile app focussed on delivering high quality education for the Food & Agriculture sector. All courses have been developed alongside industry experts and are delivered completely free to anyone who downloads the app. With this move, the School moves closer towards its goal […]

Categories
AgTech Press Release

What’s it like to start your own agri tech business during a global pandemic?

It is certainly a challenging time to start a new business, but is there ever a right time to start a new venture? Given the urgent need for change in the global food market, there has never been such a demand for locally grown, fresh, organic food. Meet Lauren Davis and Jessica O’Leary. Recent graduates […]