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Enterprise Singapore commits $40m to ag and aquaculture startups

Enterprise Singapore, the city-state’s startup agency, is earmarking S$55 million ($39.5 million) to help accelerate “promising” agriculture and aquaculture companies. Koh Poh Koon, the country’s senior minister for trade and industry, announced the fund while visiting local indoor farming startup Singrow last week. [Disclosure: Singrow is an investee of AgFunder, which is AFN‘s parent company.] […]

Top Seeds International, Ofir Elasar Appointed New VP Sale and Marketing

The manager will take up this important role in the company from 1 July. “Proud and honoured. Lots of big challenges lie in store”. Israel, 25th June 2020 – Ofir Elasar is the new VP Sales and Marketing of Top Seeds International, the world-leading Israeli company in the research and marketing of innovative hybrid varieties […]

Moo-re funds! Connecterra brings impact fund into largest-ever Series B for European livestock tech at €7.8m

Editor’s Note: Connecterra is an AgFunder portfolio company. AgFunder invested in Connecterra’s $4.9 million Series A in 2018, with AgFunder’s Michael Dean penning a thought piece via AFN last November on Connecterra’s journey from its initial sensor focus as a ‘fitbit for cows,’ to a full-stack technology and artificial intelligence platform combining proprietary sensor hardware, […]

Soil Carbon Co raises $6.9m in round led by Li Ka-shing’s VC firm

Australian startup Soil Carbon Co has raised A$10 million ($6.94 million) in seed funding in a round led by Horizons Ventures, the VC firm set up by Hong Kong tycoon Li Ka-shing. Horizons was joined by Grok Ventures, a VC firm launched by Atlassian founder Mike Cannon-Brookes and his wife Annie Todd. Lowercarbon Capital – […]

Capital for climate-resilient agriculture is vital for post-Covid India

Editor’s Note: Sourajit Aiyer is a consultant with South Asia Fast Track Sustainability Communications and Sandeep Bhattacharya is India Projects Manager at the Climate Bonds Initiative. This article reflects the views of the authors and not necessarily of AFN.   The vulnerability of our modern food systems to climate disruption is widely known. In India, increased […]

Three AgFunder portfolio companies selected as World Economic Forum’s Technology Pioneers

[ad_1] We’re proud to announce that The World Economic Forum has named three AgFunder portfolio companies to its annual Technology Pioneers of 2020 list: Brightseed, Trace Genomics, and Phylagen. This list identifies 100 companies transforming their industries while also addressing key issues like sustainability.  WEF Technology Pioneers are invited to participate in WEF activities, events, […]

Syngenta Group launches after taking $5.6bn Chinese biz on board

[ad_1] Switzerland’s Syngenta has relaunched and rebranded following its merger with the agricultural businesses of Chinese chemicals giant Sinochem, in preparation for an expected IPO in China. The new entity, named Syngenta Group, also incorporates Israeli crop protection company Adama. Chinese state-owned enterprise (SOE) ChemChina owns both Adama and Syngenta, and is reportedly undergoing a […]

EU puts $20m into building a sugarbeet biorefinery to make organic acids

[ad_1] With the pursuit of carbon neutrality still looming large over political and corporate agendas, companies across Europe have been searching for new ways to unplug their production lines from petroleum-based products. In food and farming, these products can be hard to replace — cheap and versatile petrol-derived chemicals still find their way into all […]