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China’s Sysco wannabe Lehe Food raises $56m in Series C round

[ad_1] Lehe Food, an online wholesale and supply chain platform for agricultural produce, has raised ¥400 million ($56 million) in its Series C funding round. The round was co-led by Hong Kong-based asset manager CDH Investments – a new backer – and existing investor Longzhu (‘Dragon Ball’) Capital, which is the VC arm of on-demand […]

Q&A: How is Covid-19 impacting fresh produce businesses globally?

[ad_1] Editor’s note: Tanmay Bhargava is head of Asia Pacific at Intello Labs. Based in Gurugram, India, Intello Labs uses machine learning tech to grade the quality of agricultural produce. Intello Labs is a member of the first cohort of GROW, AgFunder’s Asia agrifoodtech accelerator. AgFunder is the parent company of AFN. Read more about […]

How should agtech startups approach exits? 5 tips from AgTech:Acquired webinar

[ad_1] Editor’s Note: Sarah Nolet is the CEO and founder of AgThentic, a global food and agriculture strategy firm, and co-founder of Tenacious Ventures, Australia’s first dedicated agrifood tech VC firm. Sarah is also the host of the AgTech…So What? podcast and co-founder of Farmers2Founders, a national innovation program that supports farmers to get involved […]

Agrifood corporates turn to startups to hedge disruptions and get an edge on trends

[ad_1] This post is part of a collaboration with F&A Next, an AgFunder Network Partner, ahead of its fifth annual conference, hosted virtually on Wednesday, 13 May 2020 at 4pm CET (11am ET). Registration is open here. F&A Next was founded by Anterra Capital, StartLife, Rabobank and Wageningen University & Research. Read about F&A Next 2019 here. What’s happening in the US […]

GROW partners Singapore’s Startup SG Founder program and launches Asia pre-accelerator

[ad_1] AgFunder‘s agrifoodtech accelerator GROW has been named as an accredited mentor partner (AMP) for the early-stage investment and mentoring scheme under Singapore’s startup promotion initiative, Startup SG. The announcement comes as GROW launches its Pre Accelerator program to help agrifood entrepreneurs who are taking their first steps towards setting up their own businesses. [Disclosure: […]

Top 20 Novel Farming System Deals of 2019

[ad_1] Novel Farming Systems, which includes indoor farms, aquaculture, insect, and algae production, saw a renewed bout of interest in 2018 as maturing startups iron out some of the kinks in growing food differently. One of the most notable shifts in this second generation of novel farming systems lies in startups’ varying route-to-market approaches. As […]

Farm Tech investment up 370% in 6 years. How will Covid-19 impact 2020 trends?

[ad_1] Come rain, shine, or coronavirus, there’s just no halting the AgFunder Research mothership. From a safe social distance this Thursday, AgFunder remotely unfurled its new 2020 Farmtech Investment Report — a data-driven snapshot of global investment in startups building technologies for the farm. Our flagship “Agri-FoodTech Funding Report,” released in February, is broad in […]

BRIEF: Welsh hydroponics startup Phytoponics raises fresh round of £500k

[ad_1] The Welsh controlled environment farming company Phytoponics designs, develops, and supplies Deep Water Culture systems for large scale hydroponic crop production. This week, the company informs AFN, it has completed another £500,000 ($650k) equity financing round. The investment, which follows one of a similar sum two years ago, comes from existing shareholders with match […]