SnackFutures, Mondelēz International’s innovation and venture programme has recently made a seed investment in Torr, an early-stage Israeli FoodTech Company, alongside The Kitchen Hub, a FoodTech incubator powered by Strauss-Group. Torr dreams, develops and produces snacks that serve a unique, tasty and much healthier bite. “Our investment in Torr validates Mondelēz International’s venture approach that […]
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 […]
InnovoPro, a developer of plant-based protein ingredients, has raised second, $3 million funding round, which will bring the company’s total capital raised to $18 million. The round, which was originally announced in April, was led by Jerusalem Venture Partners, with participation from European foodtech fund CPT Capital, iAngels, and Swiss retail giant Migros. The startup […]
Verdify, a Dutch foodtech company, has raised €750.000 seed funding to create first AI-powered platform for personalized nutrition. AI-investment company Genzai and two private investors participated in the funding round. “Food is the biggest market in the world and personalized nutrition is one of the key themes in this market. We are excited to build […]
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, […]
Laird Superfood (NYSE: LSF), a maker of plant-based superfood products, has closed its initial public offering of 3,047,500 shares of its common stock. The shares were sold at the public offering price of $22 per share, resulting in the gross proceeds for Laird Superfood of approximately $67 million. Laird Superfood® began with a cup of […]
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 […]
Grain Farmers of Ontario is the province’s largest commodity organization, representing Ontario’s 28,000 barley, corn, oat, soybean and wheat farmers. The crops they grow cover 6 million acres of farm land across the province, generate over $4.1 billion in farm gate receipts, result in over $18 billion in economic output and are responsible for over […]
Phytolon, an Israel based startup leveraging a proprietary, fermentation-based technology for the production of plant-based food colours completed a $4.1 million funding round led by Millenium Food-Tech, EIT Food, Consensus Business Group, The Trendlines Group, Israel Innovation Authority and Yossi Ackerman. Founded in 2018, Phytolon utilises current scientific advancements to bring biotechnology-based, natural, high-quality food-colorants […]
Despite volatility in the current economic landscape, PeaTos® snack brand continues to disrupt the $21B market for salty “junk food” style snacks currently dominated by industry Goliath Frito Lay, and has completed a $7M Series A raise led by Jackson Springs Management Partners (JSMP) and Connetic Ventures, and including such celebrity investors as Hall of […]
Aerospring Gardens Pte Ltd, an aeroponics startup based out of Singapore raised S$1 million in a pre-Series A round from Sirius Venture Capital, a boutique venture capital and entrepreneurial finance firm. The Aerospring is a compact, modular, self-watering vertical gardening system that looks good in any urban dwelling. It grows 27-36 edible plants on one […]
Kula Bio, a developer of modern biofertilizer, raised $5.75 M in it’s latest funding round in August. Kula Bio champions sustainable, biological solutions for modern agriculture. It super-charges natural nitrogen-fixing microbes with renewable energy in order to deliver reliable, low-cost organic biofertilizers. By rewiring the energy flow from sun to soil, it is tackling the […]
Aibono, an AgTech startup founded by Vivek Rajkumar, an engineer from IIT Madras, has raised USD 2 million (about Rs 15 crore) from investors to fund expansion plan and growth of the business. AIBONO is a next dimension food & farming platform that unites two ends of the food chain from growing to consuming and […]
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 […]
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 […]
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 […]
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 […]
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. […]
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 […]
