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AgTech AI Fund Raise

Thailand based AgTech startup Ricult raised $2 m

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 […]

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AgTech Food Security

Vision to make the UAE a global AgTech hub

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 […]

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BioTech FoodTech Protein Sustainability

Creating green protein with no plants

Mycorena AB, a food tech company located in Göteborg, Sweden, created one of the most innovative and sustainable vegan protein for food, using a proprietary fungi-based process. The research work carried out in Sweden by Mycorena’s founder and CEO Dr. Ramkumar’s Nair, formed the basis of the concept of creating Mycorena’s unique fungi-based protein – […]

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Agriculture AgTech Fund Raise Precision Agriculture

Agritech company MagGrow raises €6m for crop-spraying technology

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 […]

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Agriculture AgTech Sustainability

UPL opens OpenAg Center as global R&D hub

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 […]

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Agriculture AgTech

WGCIT, a California-based AgTech incubator secures first international partner

Western Growers Center for Innovation & Technology (WGCIT), a California-based AgTech incubator, announced July 30 the government of Canada as its first international partner. The WGCIT, which is located in Salinas, California, is one of the first agricultural technology centers in the United States that is dedicated to bringing innovative entrepreneurs together with farmers to […]

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AgTech FoodTech Sustainability

‘The CovHack Virtual Innovation Challenge’ on circular food economy

iFarm, Palm Co. win “The CovHack Virtual Innovation Challenge” on the theme “Circular Economy for Food”. iFarm, from Finland, topped the Start-ups category, while Palm Co. from the UAE dominated the Teams category. The challenge received 339 entries. A total of 112 applications – 43 in the Teams category and 69 in the Start-ups category […]

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AgTech FoodTech Protein

AgTech startup Grubbly Farms raised $2.9 million seed funding

Grubbly Farms, an Atlanta-based AgTech startup that develops fresh feed and snacks for chickens, has raised about $2.9 million from VC firm Overline Ventures. Other investors in the round include Oval Park Capital, Create-X and Techstars. The funding will primarily be used for growing the Grubbly Farms team, building a more robust supply chain and […]

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FoodTech Plant-based Foods

Plant-based meat alternative startup SavorEat raises $3 million

SavorEat raised $3,000,000 Series A from Investment houses: Mor and Meitav Dash. The investment is at a company valuation of $25 million and will be conducted in two stages in accordance with the company’s milestones. SavorEat develops a new generation of meat alternative products which recreate the unique experience, taste and texture of meat in […]

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AgTech AI Imagery Investments

Agricultural Intelligence company Taranis-Visual Ltd. raised $30 million

Tel Aviv-based agricultural intelligence company Taranis-Visual Ltd. raised $30 million in a series C round led by Vertex Growth, K3 Ventures, and Japanese multinational Hitachi Group. Taranis is led by a vision to bring precision and control to the agriculture industry across the world, helping growers to maximize and stabilize yield from their crops. Overseeing […]