Start-Up Nation Central signs MoU with TiE to boost technological innovation of Israeli and Indian startups
Israeli not-for-profit Start-Up Nation Central signed a Memorandum of Understanding with TiE to achieve full implementation of sustainable Israeli and Indian technologies in the foodtech sector.
Canadian precision-farming startup Semios raises $100m in capital to expand agtech platform globally
Semios, a precision-farming platform and one of the world's largest independent agtech solutions providers, announced it has raised $100 million in funding led by Morningside Group, a Boston-based private equity and venture capital firm.
Industrial automation startup Agtonomy launches out of stealth to address farm labor crisis with $4m seed round
Agtonomy, a hybrid autonomy and tele-assist service platform, launched out of stealth and announced a $4 million seed round from Grit Ventures, GV (formerly Google Ventures), and Village Global.
Nigerian agritech startup Releaf secures $4.2m funding to drive industrialisation of food processing in Africa
Nigeria's agritech startup Releaf, which develops proprietary hardware and software solutions to industrialize food processing, raised $2.7 million in seed funding and grants.
Food technology startup GrubMarket announced it has completed the acquisition of Bartolotta, a full-service provider of fresh fruits and vegetables to customers in New England, the Mid-Atlantic and Eastern Canada.
Agricorp International, Nigerian based spices producing, processing, and exporting company has raised $17.5 million in Series A funding to increase its processing capacity up to 7000 metric tonnes.
CerraCap Ventures, a Global Venture Capital fund, announced acquisition of its portfolio company Nirveda Cognition by Jiddu Inc for an all-stock deal. The transaction is one of a slew of recent exits from CerraCap's investment fund.
John Deere acquires agritech startup Bear Flag Robotics to accelerate autonomous technology on the farm
Deere & Company has signed a definitive agreement to acquire agritech startup Bear Flag Robotics for $250 million. Founded in 2017, the Silicon Valley-based startup develops autonomous driving technology compatible with existing machines.
Fifty small- and medium-sized enterprises around the world have been announced as the Best Small Businesses of the “Good Food for All” competition, held in conjunction with the UN Food Systems Summit.
Oxford Foundry and FMDQ Private Markets have launched a global partnership to accelerate the growth of Nigeria’s startup ecosystem.
Agritech startup Adaviv raises $2.3m seed round to scale its AI-driven plant intelligence platform for indoor farming
Adaviv, a cultivation technology company surfacing actionable insights for Controlled Environment Agriculture, announced the raise of $2.3 million in an oversubscribed Series Seed financing led by Delta Emerald Ventures.
The Wells Fargo Innovation Incubator, a technology incubator and platform funded by the Wells Fargo Foundation, has selected GrowFlux and four other startups to participate in the program's ninth cohort.
Speaking during the Alliance for a Green Revoluton in Africa (AGRA) organized Africa Green Revolution Forum (AGRF) Summit, speakers reiterated that food security cannot be achieved without a gvernment facilitated enabling environemnt for agribusiness to thrive.
Green Gold Farms is tackling the problems of poverty, lack of economic opportunity, and malnutrition and related illnesses in Northern Ghana through large-scale agricultural production.
AI startup LLENA (AI) partners with Southern University to support (USDA/NIFA) Agriculture and Food Research Initiative
LLENA (AI) Health Solutions, announced a partnership with Southern University in Baton Rouge, Louisiana to support their "Center of Excellence for Nutrition, Health, Wellness, and Quality of Life" initiative to address diet-related health disparities.
Iron Ox, a farming innovation company with deep expertise in robotics and artificial intelligence, hired its first Chief Financial Officer and its first Head of Marketing as the company accelerates growth and expands its commercial footprint.
A natural partner for the Trade Hub, Thrive Agric has already helped over 140,000 farmers in Nigeria increase their capacities to meet supply, quality, and food safety standards required by domestic and export markets.
Small businesses around the world that help provide healthy food that is good for the environment, good for their communities and create jobs for people locally are being invited to share ideas and suggestions for how their countries and economies can maximize their positive impact.
Smallholder farmers across Africa are looking to science to boost farm productivity and to tackle emerging threats, partiuclarly with regards to climate change and pandemics as demonstrated by COVID-19, the report further noted.
AlphaCode announces four startups taking part in the second phase of its incubate programme in South Africa
AlphaCode has announced the four fintech startups that will be part of the second phase of the AlphaCode Incubate programme.
The UN Food Systems Summit has announced a competition to identify the best small and medium-sized enterprises (SMEs) from across the world who are transforming food systems for a better tomorrow.
Rice sector players in sub-Saharan Africa and Asia are set to lead discussions on accelerating progress in rice research & development, inclusive markets & value chains.
FarmTogether, Backstage Capital join forces to generate grater access to diverse farmland investments
FarmTogether, the technology-enabled investment platform democratizing access to farmland, announced a partnership with Backstage Capital, an investment firm focused on startups founded by people of color, women, and members of the LGBTQ community.
Goodwell V will build a new portfolio of companies across various sectors in Africa: at least a third will be invested in financial inclusion, a quarter in agriculture, and the remainder in mobility and other impact sectors such as education and healthcare.
The UN Food Systems Summit has announced a competition to identify the best small and medium-sized enterprises (SMEs) from across the world who are transforming food systems for a better tomorrow.
Milken Institute and Motsepe Foundation launch $2 million AgriTech competition for African entrepreneurs
The Milken-Motsepe Prize in AgriTech is a $2 million global competition for innovative solutions to increase economic value to farmers, from seed to sale.
Insurtech startup OKO raises $1.2m to bring innovative insurance to smallholder farmers across Africa
OKO, an insurtech startup that provides inclusive agricultural insurance to secure farmers’ income across Africa, closed a seed investment round of $1.2 million, led by Newfund and ResiliAnce.
SWARM Engineering, the next generation of cognitive software for the food supply chain, announced it closed funding for a $2.7 million seed round.
The application window for the 2021 Grow-NY million-dollar top prize business competition is now open for submissions. Grow-NY, a unique initiative which connects innovators and investors in the food, beverage and agriculture.
Zimbabwe agritech startup Farmhut has received $US100 000 investment from the Hult Prize Foundation. This follows through the Hult Prize accelerator program of the 2020 cohort.
Texas-based Precision Livestock Technologies completes $600K seed round on Harvest Returns agriculture crowdfunding platform
Harvest Returns announced that Dallas, Texas-based Precision Livestock Technologies has successfully completed a seed round raise totaling $600,000 on the Harvest Returns agriculture crowdfunding platform.
Jolenta Joseph, a Tanzania entrepreneur has built her business tackling malnutrition, an endemic problem in Tanzania, thanks in part to the support she has received since winning the 2020 SUN Pitch Competition.
BioPhero, the insect pheromone company, announced it has raised $17 million in Series A funding led by DCVC Bio with participation from new investor FMC Ventures, as well as existing investors Syngenta Group Ventures and Novo Holdings.
Western Kenya have found new fortunes by investing in the cultivation, consumption, preservation and sale of traditional vegetables and seeds.
Union Bank, one of Nigeria’s foremost financial institutions, has unveiled the 2021 UnionX Innovation Challenge, as part of efforts to support young startups and boost innovation in the startup ecosystem.
In recent years, the majority of growth in the food and beverage industry has gone to companies outside the top 20 players, with smaller and more agile brands capitalizing on the demand for personalized products.
Kenyan researchers have been working with farmers in Western Kenya to test new varieties of fodder grasses known to have higher protein, low fiber and are fast maturing.
Kenyan agribusiness enterprises run by young people experienced a 48 per cent failure rate last year at the height of the novel corona virus a new study has shown.
With AXA IM Alts’s support, Sanergy would be well-positioned to scale its operations in Kenya and across the region.
African Women in Agricultural Research and Development (AWARD) has announced that the call for third cohort of the One Planet Fellowship is now open as it seeks to invest in the next generation of African scientists.
John Deere & Company announced the companies that will be part of the 2021 cohort of the Startup Collaborator program.
Bear Flag Robotics announced a $7.9 million seed extension funding round led by True Ventures. The Silicon Valley-based agritech company is developing autonomous technology for farm tractors, which enables growers to increase productivity.
CropIn, a global artificial intelligence and data-led agri-tech organization empowering stakeholders to reimagine agriculture with data, has raised $20 million in a Series C funding.
FMO and Cathay AfricInvest Innovation have invested in Aerobotics, a South African AgriTech startup developing intelligent tools to the feed the world.
SeeTree, an AI-powered, end-to-end service that provides growers with intelligence on trees and tree clusters, has raised $30 million in a Series B funding round led by the International Finance Corporation
African entrepreneurs in digital agriculture will have new opportunities to secure support and investment as the African Green Revolution Forum takes on the AgriHack Talent project.
South African peer-to-peer solar leasing startup Sun Exchange marked its official expansion into sub-Saharan Africa with the first of three crowdsales for a multiphase, 1.9 megawatt (MW) solar-plus-storage project for Nhimbe Fresh.
US-based impact investor Gray Matters Capital announced its funding in Kenya's agritech startup Farmers Pride, a one stop e-commerce platform that connects village level farmers to quality inputs, services and information.
Global innovation platform Plug and Play announced that Evergy will be a founding partner for its Topeka location, which is centered around animal health and agriculture technology
Nufarm, German agritech startup CROP.ZONE partner for alternative weed control across European markets
Australian crop protection and specialty seed company Nufarm and the German agritech startup CROP.ZONE have partnered to launch Nufarm's and CROP.ZONE's hybrid herbicide solutions across major European markets.
Rabobank unveiled the 45 startups selected to participate in FoodBytes! Pitch 2020, its global food and ag startup discovery program that helps entrepreneurs scale their impact through mentorship and connections to corporate leaders and investors.
Good Nature Agro, a Zambian company working from end-to-end within the specialised legume value chains, has closed Series A equity funding totaling $2.1 million.
Caisse de dépôt et placement du Québec (CDPQ) and S2G Ventures (S2G) have announced creation of a co-investment partnership that will target ventures that aim to make the food and agriculture industry more sustainable.
Trym, a pioneering cannabis cultivation software company announced the completion of its $3.1 million seed funding round of financing to accelerate growth.
AirSmat, a Nigeria-based Pan-African Software company, has received a boost of $100,000 from Zetogon as pre-seeding investment to help the organization on the journey to deliver world-class service in Africa.
Israel-based Phytolon, a portfolio company of The Trendlines Group Ltd has announced that it secured $4.1 million in funding for its fermentation-based technology for the production of plant-based food colours.
German urban farming startup Infarm raises $170m to grow urban vertical farming network in the world
Infarm, German urban farming network announced $170 million investment raised in the first close of a Series C funding round expected to reach $200 million.
Cellular agriculture startup Wildtype has unveiled its latest cell-based salmon. This version is "sushi-grade" and crafted with the sushi industry's favorite raw salmon applications in mind.
Berlin urban farming network Infarm has announced $170 million investment raised in the first close of a Series C funding round expected to reach $200 million.
GreenTec has announced its investment in Freshbag, an innovative digital Cameroon platform that connects farmers and vendors to ensure a fair and reliable food supply network.
CDC Group, the UK’s publicly owned impact investor announced a further $12 million commitment to Miro Forestry, a sustainable forestry and timber business with plantations in Ghana and Sierra Leone.
An upsurge in cases of malnutrition among children in rural Tanzania, combined with the issue of poor markets for farmers, inspired Jolenta Joseph to venture into the nutrition business in 2017.
Irish startup MagGrow, the agtech innovator that specialises in delivering crop protection products where they matter most while protecting the environment, has completed a €6m Series A round.
Kenyan youth and women-led agribusinesses have been awarded an opportunity to access $100,000 as investment for their companies through the FoodTech Africa accelerator.
Seattle based startup Atomo Coffee announced it has closed an additional $9 million in Seed funding to bring its molecular coffee to market.
Eny's Treats, a startup based in Zimbabwe, manufactures seed-based gluten free snacks that are topped up with natural and unrefined sweeteners for the upmarket urban health-conscious consumers. The startup’s CEO Tracy Mapfumo elaborates.
The founder of Baby Grubz Nigeria, Oluwaseun Sangoleye, led Africa in winning this year’s 2020 SUN Pitch Competition.
Kenyan agritech startup Lentera, MCFI ink deal to provide satellite based crop analysis for Mauritian farmers
The Mauritius Chemical and Fertilizer Industry (MCFI), and Lentera Africa have signed a partnership that will see Lentera provide satellite-based crop health analysis and crop modelling services for Mauritian customers of MCFI.
Twelve African entrepreneurs are among 21 finalists in this year’s SUN Pitch Competition where entrepreneurs will pitch their innovative business ideas to address malnutrition.
Evonik’s venture capital arm has invested in SmartAHC, a Chinese technology startup that enables more intelligent and healthier pig farming.
Dutch scale-up PlantLab has raised a first external investment of € 20 million from De Hoge Dennen Capital.
Neema Lugangira’s enterprise Healthy Maisha, meaning Healthy Life, operates in Tanzania’s commercial city of Dar es Salaam and seeks to bridge the nutrition gap, and iron deficiency in particular.
IFC is joining forces with the National Bank of Egypt and MSMEDA to strengthen the clean technology entrepreneurship sector and boost Egyptian farmers’ access to finance for solar irrigation.
Nigeria's First City Monument Bank (FCMB) has partnered with Passion Incubator, a Lagos-based early-stage incubator and accelerator that has invested in some Agritech startups, to launch the virtual edition of the FCMB Agritech Epic Pitch 2020.
Amsterdam based startup Connecterra, the Artificial Intelligence (AI) leader for the dairy sector has secured €7.8 million in a Series B funding round. The round adds new AgTech and industry insiders as investors in the Company.
Greenlight Biosciences secures $102 million financing to expand agriculture and life sciences applications research
GreenLight Biosciences has raised an oversubscribed $102 million round of funding from new and existing investors to rapidly expand production of its RNA products for agricultural and life sciences applications.
Naspers announced a R100 million investment in agritech business Aerobotics, through its early-stage business funding initiative Naspers Foundry. Aerobotics is a subscription-based artificial intelligence (AI) company that provides intelligent tools for the agricultural industry to manage its crops.
Malawi-based Food & Agribusiness Development Company, FADC, is an agriculture startup that is working with horticulture and groundnut farmers to boost their earnings through offering an array of services.
Timi Oke is the founder of AgroEknor International Limited in Nigeria that trades and exports processed agricultural products `agricultural products to clients in 9 different countries globally.
The Wells Fargo Innovation Incubator has selected six new participating startups focused on agriculture technology solutions to join the programme.
Hasania Foods Ltd, a startup in Nigeria is assisting farmers by adding value to a variety of agriculture products and introducing new ways of packaging foods. Yassir Ali the founder and CEO of the startup explains the model, the challenges and the plans to expand to West Africa.
Reinvestment Fund is inviting applications for financial and technical assistance through the 2020 round of the Healthy Food Financing Initiative (HFFI) Targeted Small Grants Program.
Tomato Jos, an agro-processing company focused on the local production of high-quality tomato paste for the African market, has completed a €3.9 million Series A round.
Kenya’s agritech and financial services startup Apollo Agriculture has raised $6 million in Series A financing to bolster its resolve to empower small-scale farmers to maximize their profits.
The Wells Fargo Innovation Incubator (IN2) has accelerated its awards program to provide $900,000 to help cleantech and sustainable agriculture startups retain staff and stay on track.
Debmark Allied Farms, a Nigerian agriculture and manufacturing startup runs innovative solutions meant to curb food wastage that continues to take a toll on household incomes and national economy.
Forestry & Citrus Research based in Harare Zimbabwe is an agro forestry research startup working with farmers in exploiting the potential of food and fruit trees through value addition with an eye on the export market.
EMG Agri Solutions, a South African startup offers business planning, management consulting, strategic management, and specialized project management for agri-businesses. The focus is on providing farmers and agri-businesses with specialist advisory solutions.
Agricultural Solutions Kenya has been working with rural communities and youth in the supply of agricultural machinery, biogas installations and training. It recently started a crowdfunding campaign to make available to farmers seed planters
TOOPI Organics, a French startup specialized in the valuation of human urine for agriculture has raised over one million euros as part of its first capital round.
CoffeeMM, a South African startup in the coffee business has been working with smallholder farmers in South Africa, Mozambique, Burundi and Zimbabwe to process their raw coffee for the retail market. Besides connecting them to international
Inspired by the school of thought that holds that insects are the future of food, Priscilla Musenge runs a Zambia-based startup Prote-IN producing low cost, high quality protein alternatives from insects to make fish, chicken, pig feed, fertilizer as well as for human consumption.