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Technology

China’s biggest agrifood startup deals of 2019

[ad_1] AgFunder’s China AgriFood Startup Investing Report 2019 with Bits x Bites reveals that Chinese food and agriculture startups raised $3.6 billion last year, down 38% from 2018’s $5.8 billion. Last year didn’t see a repeat of 2018’s outsize transactions, like Meituan Dianping’s $1.5 billion pre-IPO raise. Also contributing to the decrease in investment in […]

Indonesian ag marketplace TaniHub banks $17m in fresh funding

[ad_1] Jakarta-based TaniHub Group has raised $17 million in ‘Series A-plus’ funding, following up on its $10 million Series A round in May last year. The latest round was co-led by Indonesia’s Intudo Ventures and Singapore-based Openspace Ventures, both of which participated in the earlier Series A raise. Other investors joining the A-plus round included […]

Swedish startup woos investors with “algae tech” for the aquaculture sector

[ad_1] The proliferation of algae isn’t typically a good sign, environmentally speaking. Algae blooms, which are worsening with climate change, strangle other freshwater organisms and marine life. But Sofie Allert and Angela Wuff have a vision of how algae can be used to have a positive environmental impact. “Algae are really incredible organisms,” Allert tells […]

DiMuto scores funding to take its traceability tech global

[ad_1] DiMuto, a supply chain visibility platform for the agrifood sector, has received funding from Colombia’s Latin Leap VC Studio. The Singaporean startup will use the funding to support its expansion in Latin America. Financial details of the deal were not disclosed. DiMuto digitizes agrifood supply chains using blockchain technology and artificial intelligence. So far, […]

Unfazed by Covid-19, Infarm arrives InJapan and InCanada

[ad_1] Strictly speaking, vertical farming has been with us since the dawn of agriculture; it would be interesting to see wheat growing any way other than vertically. But the term, despite its ambiguity, is now recognized shorthand for vertically stacked farming, where layers of crops are grown on top of each other, and where conditions like light, […]

AgFunder, GROW, and UN Development Programme team up to align tech with impact in agrifood

[ad_1] Editor’s Note: Based in Singapore, John Friedman is director of AgFunder’s Asia operations and investment director at GROW, the global agrifood tech accelerator backed by AgFunder and supported by Enterprise Singapore. AgFunder is AFN’s parent company. Having received nearly 500 entries from startups and academic R&D teams across the globe, applicants to the United […]

Boosting farming through agribusiness TV

Entrepreneurs are making agriculture more attractive to youths by showcasing stories about people who are into agribusiness. They are using Agribusiness TV, DANIEL ESSIET reports. The web and electronic media play very important roles in the dissemination of agricultural information. This is because they reach a wide range of audience at a very fast rate. […]

BRIEF: Chinese tech giant pumps $85m into farm produce platform

[ad_1] Wangjiahuan, a Chinese B2B portal for agricultural produce, has raised 600 million RMB ($85 million) in a funding round led by ‘super app’ Meituan Dianping. A Meituan spokesperson confirmed its investment in Wangjiahuan to AFN. Based in Shenzhen, Wangjiahuan is one of several farm-to-business (F2B) ecommerce platforms competing in the Chinese market. Its rivals […]

Benson Hill to grow, process, and sell ultra-high protein soy to meet demand for plant-based alternatives

[ad_1] Plant-based food products are often touted for their environmental benefits over those involving animal agriculture, but they’re certainly not perfect. Growing and processing crops into food products still requires a lot of natural resources including water, fertilizer, pesticides, and energy. Benson Hill, the crop genetics startup based out of St Louis, Missouri, is working […]

How Indian agritech can help address climate risks

[ad_1] Editor’s Note: Hemendra Mathur is an investor, mentor and board member of many Indian agritech, food, and foodtech startups and overseas. He works as venture partner with Bharat Innovation Fund. He is also co-founder of ThinkAg – a platform for accelerating adoption of innovations in the agriculture and food space. The views expressed in this […]

Asia drives $786m global investment in Agribusiness Marketplaces last year

[ad_1] Alternative protein gets plenty of limelight in the agri-foodtech arena nowadays. But there are startups from outside the “fake meat” craze that are having just as big an impact on the global ecosystem. Agribusiness marketplaces are one such category, seeking to bring greater efficiency to the agrifood supply chain both upstream and downstream of […]