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agro International news

Top Seeds International Appoints New Country Manager For Mexico

Vicente Zamudio Guzman takes up new role in early September. Top Seeds International is ready to enhance its offer to Mexican customers. Israel, 2 nd September 2020 – Vicente Zamudio Guzman has been appointed as Country Manager of Top Seeds Mexico, part of world-leading Israeli company Top Seeds International, which specializes in the research and […]

Adamawa govt commends Buhari over grain donation

[ad_1] Adamawa govt commends Buhari over grain donation Adamawa State governor, Alhaji Ahmadu Umaru Fintiri, has commended President Muhammadu Buhari for donating truck-loads of grains to the state. READ MORE: Government of Sudan, Green Climate Fund, UNDP approve climate-resilient water and food security funding Fintiri, who spoke yesterday in Yola during the flag off of the […]

ECOWAS moves to rescue 7m Nigerians from food crisis

[ad_1] Determined to alleviate poverty among member states, the Economic Community of West African States (ECOWAS) commission has donated 3,999 tonnes of grains to the Federal Government with commitment to salvage over 7 million people currently facing food crisis in the country. Already, the commission has set up harmonised framework on Identifying Risk Areas and […]

Should regen ag include gene editing? Readers respond

In a recent article, we asked whether regenerative agriculture practitioners should embrace gene editing and other biotechnologies. Regenerative agriculture is a growing movement focused on cultivating a more collaborative relationship with nature in contrast to the plug and play approach of conventional farming. soil health, improving water quality, promoting biodiversity, integrating cropping and livestock systems, […]

Aquaponics startup Seed & Roe snags $15m, rebrands to Upward Farms

Fish and leafy greens may appear to be unlikely bedfellows. Not so much for Upward Farms. “The tech we use is a combo of aquaculture and hydroponics,” Jason Green, founder and CEO of the New York-based startup, told AFN. “By cultivating complete ecosystems with a strong microbiome, and leveraging the precision and control of indoor […]

Campbell’s Soup sells agrifoodtech fund investment in Acre to StepStone

Campbell’s Soup has sold its stake in Acre Venture Partners Fund I to private markets group StepStone in a secondary transaction. Campbell’s was the sole LP in the agrifoodtech fund, which includes investments in Farmers Business Network (FBN), Spoiler Alert, ImpactVision, and Evolve Biosystems. StepStone has also committed to investing in Acre’s second fund, which […]

Why precision agriculture is essential in combating climate change

Editor’s note: Slava Mazai is the CEO of OneSoil, a Belarus-based startup that develops an AI-powered precision farming platform and is a member of the Global Alliance for Climate-Smart Agriculture hosted by the UN Food & Agriculture Organization. The views expressed in this article are the author’s own, and don’t necessarily reflect those of AFN. […]

A mini guide to Latin American agrifoodtech in 2020

The year 2019 was a breakout year for Latin American agrifoodtech and 2020 is already shaping up to beat those records, in spite of the global pandemic. Granted, Colombian on-demand delivery startup Rappi accounted for a significant portion of the $1.4 billion total raised by agrifoodtech startups in 2019 with its record-breaking $1 billion Series […]

Protenga nets $1.6m for its ‘zero-waste’ approach to fly farming

UK agritech venture builder Roslin Technologies and Enterprise Singapore’s SEEDS Capital, an investment vehicle linked with the city-state’s government, have pumped $1.6 million into insect farming startup Protenga. Roslin Technologies is affiliated with the University of Edinburgh’s Roslin Institute, famous for breeding Dolly the Sheep – the world’s first cloned mammal. Part of the Protenga […]

Farmers Business Network acquires Farmsave, expands to Australia

US-based Farmers Business Network (FBN) is expanding to Australia after announcing the acquisition of local startup Farmsave. Financial details of the deal were not disclosed, though FBN co-founder Charles Baron confirmed to AFN that the Farmsave brand will be discontinued. All of the acquired company’s existing employees will remain in place as the new FBN […]

Here’s how Australia can kickstart a much-needed urban ag industry

It’s one of the top agricultural producers, as well as having one of the world’s most urbanized populations. It’s a high-tech society with a reputation for innovation; but is also the driest place on Earth, where water is a rare and precious commodity and bushfires are an almost yearly occurrence. Given all this, you’d expect […]

Agrifood Midstream Technologies raised $43m in ASEAN last year

While the bulk of agrifoodtech VC funding in Southeast Asia went to downstream categories in 2019, startups sitting in the middle of the value chain are increasingly attracting interest from investors. According to AgFunder’s first-ever ASEAN AgriFoodTech Investment Report, the three most-funded categories were all downstream: In-Store Retail & Restaurant Tech, with $115 million in […]

This vertical farming startup you may not have heard of says it has “industry-leading unit economics”

The indoor farming industry is heating up again, posting one of the biggest year-over-year increases in funding according to AgFunder’s AgriFoodTech Investing Report. In 2019, indoor farming investment jumped 38% on 2018. For Florida-based vertical farming startup Kalera, forward momentum is everything. “Orlando was our first large-scale facility, but we are eager to double up,” […]

With $4.5bn Google deal, Jio raises $20bn in 3 months. Here’s the timeline

Google has agreed to invest ₹337 billion ($4.49 billion) into Jio Platforms, the Indian telco and online service provider that’s set to become the tech engine powering the country’s agrifood ecosystem. As a result of the Google deal, Jio — a unit of Mumbai-based conglomerate Reliance Industries — has raised total external funding of ₹1.52 […]