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Indian agritech startup Fasal raises $12 million funding to grow its precision farming solution
Fasal's solution has already proven to improve crop yield and reduce operational costs at an affordable price to the individual farmer.
Israeli precision irrigation management startup Treetoscope closes $7m seed round to fuel growth
Treetoscope has closed $7m seed round.
Indigo Ag accelerates sustainability programs for farmers with $250m fundraise
Indigo Ag has raised $250m to drive innovation and sustainability.
50 African women to benefit from fellowship on agri food policies
The two-year career development program aims to grow a pool of confident and capable mid-career African women to lead policy changes to improve African smallholders’ livelihoods, particularly women.
Ugandan Agritech startup Emata raises $2.4m seed funding
Ugandan agritech startup Emata has raised $2.4 million in seed funding.
SatSure partners with Rabo Partnerships to revolutionize cash flow-based lending for smallholder farmers
SatSure announced partnership with Rabo.
Freiburg-based constellr secures new funding to springboard US expansion
constellr has secured further investment to extend its seed round to a total of €17m.
Belgian agritech startup Aphea.bio raises €70m to accelerate growth
Aphea.Bio, a Belgium-based agricultural technology company, announced the closing of its Series C funding round.
Kenyan agritech startup Kyosk acquires KwikBasket, expands into fresh produce market
Kenyan agritech startup Kyosk, is expanding into the African fresh produce market.
Aigen unveils world's first AI-driven, solar-powered, agricultural robotics platform
Agritech startup Aigen, unveiled an autonomous, scalable robotics platform.
SK networks invests $2m in AI farming Dutch startup Source.ag
SK networks announced it will invest $2m Series A funding round of $27 million for Source.ag.
[Column] Nixon Gecheo: Agtech, a pivotal force driving climate change action in agriculture
The agricultural sector is a significant contributor to greenhouse gas emissions.
Absa acquires minority stake in South African agritech startup Khula!
Absa Bank has acquired a minority stake in South African agritech startup, Khula!
UK biotech startup Resurrect Bio completes seed investment round to develop disease resistant crops
Resurrect Bio, a biotechnology startup which is on a mission to revolutionize the agricultural industry by giving crops the genetic tools to defend themselves against disease, has completed its seed investment round, totaling at £1.61 million.
Start-Up Nation Central collaborates with Microsoft to promote Israeli agri-food tech startups
Start-Up Nation Central has collaborated with Microsoft to promote Israeli agri-food tech startups in the international marketplace.
Innovate UK launches £100m AI Fund for UK business
Innovate UK, the UK’s national innovation agency, has unveiled BridgeAI, a new programme which aims to drive growth and competitiveness in the UK economy through the adoption of artificial intelligence (AI) and machine learning (ML).
Denmark-based soil carbon startup Agreena raises €46m to scale the regenerative revolution
Denmark-based climate and fintech startup Agreena, whose soil carbon platform is one of the largest globally, announced its Series B raise of €46 million.
Factor[e] Ventures launches a new venture studio to transform the African startup ecosystem
Delta40 focuses on technology-driven energy, agriculture, and mobility ventures led by diverse, experienced founders.
AI crop analysis platform Inarix raises €3.1m seed funding to help farmers determine quality and value of their crops
Inarix, the AI-powered crop analysis platform, announced a €3.1 million seed round from Ankaa ventures, Label Investment, Newfund, Alliance for impact and Resiliance.
Elgon Kenya partners with Ministry of Agriculture to reward young farmers
Agro input company Elgon Kenya has partnered with the Ministry of Agriculture and the Ministry of Education to reward pupils and their teachers for participating in food production in a wider scheme that seeks to motivate school going children into farming.
[Interview] David Galadima, Founder, Graemoh Foods, Nigeria
Passionate about sustainable agriculture, aquaculture and food security in Africa, David Galadima is the Founder of fast growing agriculture and processing company, Graemoh Foods, operating out of the northern state of Kaduna, Nigeria.
Agritech startup IngredientWerks announces successful completion of seed round funding
IngredientWerks, an ag-tech ingredient company developing high value plant-based proteins for the alternative protein markets, announced it has secured its seed round of funding.
22 Milken-Motsepe Prize in AgriTech finalists push to the finish
The Milken Institute and the Motsepe Foundation, kicked off the final phase of the Milken-Motsepe Prize in AgriTech.
Catalyst Fund invests $2m in 10 startups to improve resilience to climate change in Africa
Pre-seed venture capital (VC) fund and accelerator Catalyst Fund, announced a $2 million investment in 10 startups developing solutions to improve the resilience of communities most vulnerable to climate change in Africa.
Irish agritech startup Proveye secures €1m seed funding to accelerate growth
Irish agritech startup Proveye, a pioneer in remote sensing image analysis for agriculture, announced the closing of €1 million seed funding round to advance the company’s growth strategy.
Food Foundry accelerator announces fifth cohort of early-stage foodservice startups
Food Foundry, an accelerator program built by Relish Works and Gordon Food Service for early-stage startups disrupting the food and foodservice industry, announced the five startups that will join the fifth cohort starting in January 2023.
Agritech startup EarthOptics secures $27.6m Series B funding to advance data-driven agriculture through actionable soil insights
EarthOptics, a pioneer in soil measurement and insights, announced a $27.6 million round of funding led by Conti Ventures.
Terramera creates enrichAg to commercialize transformative soil analysis platform with $6m from At One Ventures
Terramera announced the formation of its new majority-owned subsidiary, enrichAg, which will focus on commercializing its soil enrichment platform. The seed round is led with a $6 million investment from AOV.
John Deere announces 2023 startup collaborators
Deere & Company has released the names of eight companies chosen for its 2023 Startup Collaborator program.
Nigerian agritech startup Releaf secures $3.3m pre-Series A funding, unveils new technologies to drive profitability for consumer goods manufacturers
Releaf, a Nigerian agritech startup, has raised $3.3 million in an oversubscribed pre-Series A funding round.
Kenya to host sixth edition of continental agriculture expo
Kenya will host the 6th edition of Africa Agri Expo in February 2023 , endorsed by Ministry of Agriculture and Livestock Development aimed at bringing the entire agricultural value chain under one roof.
Mad Capital closes $4m seed round to finance the regenerative agriculture revolution
Mad Capital, an impact-focused lender that offers equitable, flexible funding for organic and transitioning farmers, announced it has raised a $4 million Seed round, led by Trailhead Capital.
Agroforestry startup Propagate raises $10m Series A funding to accelerate growth
Propagate, a commercial agroforestry platform, has closed a $10 million Series A led by Belgium-based The Nest.
Kenya to host international poultry expo next year
Demand for poultry products is on the rise in Kenya driven by an emerging middle-class created in existing and new urban settlements as a result of devolution.
Kenyan agritech startup Stable Foods raises $600k funding to grow its climate smart smallholder platform
Stable Foods, a Kenyan agritech startup offering a host of solutions to small-scale farmers, has raised $600k funding round, to build out its climate smart smallholder food production platform.
Katapult launches startup accelerator in Kigali, Rwanda
Katapult Africa announced the launch of its Accelerator program in Kigali, Rwanda, welcoming 9 companies to the Katapult portfolio.
Cooperative Ventures announces first investment in agritech startup Sabanto to improve sustainability
Cooperative Ventures, a venture capital fund formed by North America's agricultural cooperatives, announced its first investment in Sabanto, a hardware and software company.
Ugandan agritech startup Inputi receives investment to boost inputs distribution
Ugandan agritech startup Inputi announced it received an investment funding to boost inputs distribution across the country.
FNHIC launches to invest $2.5b in startups improving hunger and health outcomes through food
S2G Ventures, Food Systems for the Future and other partners launched the Food, Nutrition and Health Investor Coalition (FNHIC), a call to action to drive $2.5 billion in private investment.
Ghanaian agritech startup Farmerline raises $1.5m from Dutch investor Oikocredit
Ghanaian agritech startup Farmerline announced the second close of a Pre-Series A investment raise with an additional $1.5 million investment from Dutch social impact investor Oikocredit.
Kenyan agricultural insurtech startup Pula appoints Michael Joseph as Board Chair
Former Safaricom CEO Michael Joseph has been appointed as Board Chair of a Kenyan agricultural insurtech startup Pula.
India's fruits and vegetables platform Sahyadri Farms raises €40m growth capital to support smallholder farmers
India's integrated platform for fruits and vegetables Sahyadri Farms has raised €40 million growth capital from a group of impact-focused investors; Incofin, Korys, FMO and Proparco.
Industrial automation and agritech startup Agtonomy closes seed III funding round
Agtonomy, a cutting-edge software and service agritech startup, announced the successful closing of another round of funding for a total investment of $13.5 million.
FMO partners with SBC AfriTech to support next generation of early-stage African tech startups
FMO has partnered with a pan-African tech accelerator, Startupbootcamp (SBC) AfriTech, for the third installment of the Africa Startup Initiative Accelerator Program which is designed to scout skill and scale early-stage tech startups in Africa.
[Startup Interview] Alfiya Kayumova, CEO and co-founder, Green Growth, USA
Green Growth is a US-based agritech startup that runs a software and hardware-based solution consisting of a set of sensors, combined in a single infrastructure.
Canadian startup Vive Crop Protection closes $26m funding round to accelerate its precision chemistry platform
Vive Crop Protection announced the close of $26 million Series C investment round, led by Emmertech with participation from the Cibus funds, and existing investors Business Development Bank of Canada (BDC).
BASF Venture Capital and Dutch-based Aqua-Spark invest in Sea6 Energy as part of Series B financing round
BASF Venture Capital, the corporate venture company of BASF SE, Germany, and Aqua-Spark, a Dutch investment fund focusing on the global aquaculture industry, are investing in Sea6 Energy as part of a Series B round.
Kenyan agritech startup IProcure secures $10.2m Series B funding to accelerate growth
iProcure, Africa’s tech and data-driven agricultural inputs supply company, announced the close of a $10.2 million Series B funding round that raised debt and equity from a diverse group of international investors.
South African agritech disruptor AgriKool drives down food costs for consumers, increases profits for farmers
AgriKool, a South African e-trading platform, is connecting agricultural producers to buyers to facilitate the sale of products between retailers and farmers.
Agritech startup Lumo raises $2.1m to tackle the global water insecurity crisis
Lumo, a new agritech company focused on water sustainability, announced it has raised $2.1 million in pre-seed funding and plans to allocate funds toward commercialization of its irrigation technology.
Uganda entrepreneurs bet on fish project to boost incomes
To help communities reduce their post-harvest losses and access a more reliable supply of processed fish products.
EuraTechnologies raises €24m to back deep tech startups, open 10 incubators in Eastern Europe
EuraTechnologies announced the raising of €24 million to back deep tech startups and open 10 incubators in Eastern Europe.
AfricArena partners with FMO to accelerate tech startups in Ghana, Morocco and Tanzania
AfricArena, the African series of tech events, announced a partnership with FMO Ventures Program, the Rise Open Innovation Challenge, which focuses on accelerating the growth of startups looking to improve the state of Africa.
German agritech startup CROP.ZONE secures $11m equity funding to expand to new international markets
Aachen-based integrated weed management startup CROP.ZONE announced it has secured $11m equity funding from existing shareholders and new financial investors.
CerraCap Ventures invests in soil microbiome focused agritech startup Solena
CerraCap Ventures, a Global Venture Capital fund headquartered in Southern California, announced an investment in Solena AG, a soil microbiome startup helping farmers improve agricultural yields and optimize agrarian input costs.
Decarbon8 investment opportunity open for agritech innovation and decarbonization startups
The Decarbon8 Fund, an impact investment vehicle established by the E8 climate tech investing community and platform, announced a new Request for Proposal (RFP) for companies advancing regenerative agriculture solutions.
Crop tech startup moa raises $44m Series B financing to progress new generation of safe and sustainable crop protection products
moa Technology, the crop protection discovery company that is revolutionizing the future of weed control in agriculture, announced it has secured $44 million in Series B financing.
Irish agritech startup CropSafe raises $3m seed funding to support farmers globally, opens U.S. headquarters in Los Angeles
Irish agritech startup CropSafe, a platform revolutionizing the future of farming, announced it raised over $3 million in seed funding and have opened U.S. headquarters in Los Angeles.
Israeli agritech startup Seed-X partners with Advanta Seeds to improve seed lot quality
Seed-X, an innovative AI-driven Agritech company, and Advanta Seeds, a UPL group company, are joining forces to apply new technology in seed processing.
Solana-based DeFi startup Delta One raises $9.1m to build 'set-and-forget' yield farming protocol
Delta One, a Solana-based DeFi protocol, announced it raised $9.1 million seed round led by Alameda Research and Ship Capital, with participation from Solana Ventures.
French insect farming startup Ÿnsect acquires Nebraska-based Jord Producers to open first mealworm farm in the US
Jord Producers, based in Nebraska, has been incorporated into Ÿnsect’s production portfolio, signifying the global leader’s entry into North American mealworm production.
[Kenya] Applications for 5th cohort of Standard Chartered Bank's Women in Tech program open
The Standard Chartered Bank has opened applications for the 5th cohort of its Women in Tech incubator program.
Soil water sensors, detectors to the rescue of Mozambique farmers
More than 3 million smallholder farmers contribute 95% of Mozambique’s agricultural production.
Gender and social dynamics in smallholder groundnuts commercialisation in Southern Africa
Following these insights, expert commentator Kezia Batisai, Associate Professor at the University of Johannesburg, highlighted key shifts required to support agricultural transformation in the region.
Agribusiness e-Commerce startup Agrizon receives investment to expand operations in Latin America
Agrizon, a specialized cross-border e-Commerce company that connects and delivers worldwide brands of ag inputs to farmers and businesses, has received investment from Latin Leap Venture Capital Studio to expand operations in Latin America.
Solar-powered robotics startup Aigen raises $4m seed round to accelerate growth
Aigen, a company developing a scalable, solar-powered robotics platform for agriculture and soil regeneration, raised a $4 million seed round led by NEA with participation from AgFunder, Global Founders Capital, and ReGen Ventures.
Israel tech startups raised $25.4 billion in 2021, report
The unprecedented figure represents a 136% increase over last year, which concluded with a full-year total of $10.8 billion raised.
Israeli agritech startup Greeneye Technology raises $22 million funding to grow its offerings
Greeneye has developed proprietary AI-enabled precision spraying technology that enables farmers to seamlessly transition from this hugely inefficient practice to precise application of herbicides and other chemicals.
African scientists make a case for home grown research on continent’s food systems
A storytelling event organized by African Women in Agricultural Research and Development (AWARD), saw four accomplished African researchers working on agriculture and food security share their personal journeys in agricultural research, and discuss how they are working to transform farming on the continent.
The University of Nairobi and Elgon Kenya to develop agriculture technology and innovation centre
The agriculture sector in Kenya has received a major boost following a partnership between two leading institutions to set up a technology and innovation centre, the first of its kind in East Africa.
Kenyan smallholder farmers insulated from weather vagaries by picture-based insurance
A climate-smart crop insurance scheme introduced in Kenya has come to their rescue by combining satellite data and smartphone imagery to provide farmers with much needed protection.
Biotech startup Tiamat Sciences raises $3m to manufacture plant-based biomolecules
Biotechnology startup Tiamat Sciences announced its $3 million seed financing round led by Silicon Valley venture capital firm True Ventures with participation from Social Impact Capital and Cantos.
Agritech startup FarmSense receives $2.2m SBIR funding for development of biosecurity measures against native and invasive pests
FarmSense, the agritech startup and creator of Smart Flight Sensors, announced it has been awarded Small Business Innovation Research (SBIR) funds in the amount of more than $2.2 million.
Kigali-based agriculture startup AflaSight, partners launch innovative projects to improve maize quality in Rwanda
The World Food Programme, IFC, Kigali-based agriculture startup AflaSight, and research firm Vanguard Economics launched innovative projects to help farmers and grain traders reduce the prevalence of aflatoxins in crops and grains in Rwanda.
GROWMARK and CHS launch Cooperative Ventures to drive technology advancements for agritech startups
GROWMARK and CHS announced the formation of Cooperative Ventures, a new capital fund that will focus on creating advancements in breakthrough technologies for the agriculture industry.
GrowMark and CHS unveil a new capital fund targeted at agtech startups
Agricultural cooperative firm GrowMark and global agribusiness company CHS have announced the formation of Cooperative Ventures, a new capital fund that will focus on creating advancements in breakthrough technologies for the agriculture industry.
Indian full-stack agritech startup DeHaat raises $115m Series D round
DeHaat, the technology-based platform offering end-to-end agricultural services to farmers in India, announced it has raised $115 million in Series D funding, led by Belgium based investment firm Sofina and Lightrock India.
JICA kicks off 2nd Cohort of its NINJA Accelerator in Kenya
The NINJA Accelerator in Kenya, powered by Japan International Cooperation Agency (JICA) in partnership with Double Feather Partners, Deloitte Tohmatsu and Kenyan implementation partner GrowthAfrica, is kicking off its 2nd cohort with five tech-enabled Kenyan startups.
North Carolina's SAS and Pappas Capital partner to propel agritech startups with analytics
Two North Carolina companies, analytics leader SAS and venture investment firm Pappas Capital, are joining forces to help advance the state as a global leader in agricultural technology.
Google selects nine Kenyan startups to receive equity-free funding via its Africa Investment Fund
During its very first “Google for Africa” event held early this month, Google announced it will be investing up to $50 million in African early- and growth-stage startups via its Africa Investment Fund.
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.
Foodtech startup GrubMarket acquires Bartolotta, further expands in Eastern US and Canada
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.
Jiddu acquires CerraCap Ventures portfolio company Nirveda Cognition
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.
Tech executive Mark Bregman launches Quidnet Ventures, a venture capital fund based in New Zealand
Mark Bregman, a successful tech executive and entrepreneur, has launched Quidnet Ventures, a venture capital fund based in New Zealand and operated out of New Zealand, San Francisco and New York City.
UN announces 50 best small business winners providing “Good Food for All”
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.
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.
Agritech startup GrowFlux selected to join Wells Fargo Innovation Incubator program
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.
Forum advocates for collaboration to strengthen African food systems
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.
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.
Farmtech startup Iron Ox hires first CFO, Head of Marketing as company prepares for growth
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.
Nigeria agritech startup Thrive Agric targets 50,000 farmers with new project
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.
The UN Food Systems Best Small Business competition: Startups time to shine
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.
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.
UN launches hunt for startups and enterprises changing the face of food systems
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.
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.
Dutch impact investment firm Goodwell Investments launches €50 million fund to support African SMEs
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.
UN targets startups transforming food systems in new competition
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.
Telecel Group launches applications for Africa startups accelerator programme
The Program helps startups achieve 18-24 months of growth in just three months. Now, the next generation of early-stage African tech startups disrupting a wide range of industry sectors are being sought.
Grow-NY startup business competition kicks off year 3
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 secures investment to scale operations
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.
ASIP Accelerator Program open for applications from disruptive startups in Africa
To develop the potential of startups driving the internet economy, Telecel Group has opened applications for the ASIP Accelerator Program powered by Startupbootcamp AfriTech.
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.
IFC invests in Savannah Fund to support Africa’s tech startups funding growth
IFC announced an investment in the Savannah Fund, a technology seed fund in Africa, to increase lending to startups across sub-Saharan Africa with a focus on supporting women entrepreneurs and disruptive companies in high-growth sectors.
Investing in mentorship to inspire women in agribusiness
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 startup raises $17m Series A for sustainable pest control
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.
Union Bank of Nigeria to support startups through UnionX Innovation Challenge
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.
Kenyan young agripreneurs reel under impacts of COVID-19
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.
John Deere adds new companies to its 2021 Startup Collaborator program
John Deere & Company announced the companies that will be part of the 2021 cohort of the Startup Collaborator program.
Agritech startup Bear Flag Robotics raises $7.9m seed extension round
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.
India's Z3Partners announces first close of Tech & Digital Fund, invests in Cyfirma and DealShare startups
Z3Partners Tech Fund announced its First Close of $14 million and its investments in Cyfirma, a Cyber Threat Intelligence Software startup and DealShare, a Social Commerce-led online grocery startup.
South Africa agritech startup Aerobotics raises funds for global expansion
FMO and Cathay AfricInvest Innovation have invested in Aerobotics, a South African AgriTech startup developing intelligent tools to the feed the world.
HexGn, AFRIEF launch startup program to accelerate African youth careers
HexGn, a consulting firm known for fast-tracking entrepreneurship and upcoming technologies globally, has joined hands with the Africa Islamic Economic Foundation (AFRIEF), to launch its flagship startup program, HexGn Startup Explore, in Africa.
AgTech startup SeeTree raises $30 million funding to expand into new crops
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
Flagship summit to support growth of digital agriculture start-ups in Africa
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.
Kenyan agritech startup Farmers Pride raises $220k funding from Gray Matters Capital’s coLABS
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.
Plug and Play partners with Evergy to foster new relationships, innovation in Topeka
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 unveils 45 food & agriculture startups selected for FoodBytes! Pitch 2020
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.
S2G Ventures, CDPQ announce funding for startups in sustainable food business
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.
Cannabis cultivation software startup Trym closes $3.1m seed round to accelerate growth
Trym, a pioneering cannabis cultivation software company announced the completion of its $3.1 million seed funding round of financing to accelerate growth.
Airsmat raises $100,000 investment to deepen AI application in agriculture
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.
Phytolon secures $4.1 million funding for natural food colour tech
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 launches salmon in sushi restaurants
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.
Enygma Ventures invests R4.2m in South Africa’s human resources startup Job Crystal
Enygma Ventures has made a R4.2 million investment into Job Crystal, South Africa’s premier recruitment company.
British legal tech startup Thirdfort raises £1m in seed-plus funding round
British Legal tech startup Thirdfort secured £1 million in its latest fund raising, as the security specialist looks to capitalise on increasing demand from law firms.
Developer platform Turing.com announces $14m Seed funding round led by Foundation Capital
Turing.com, an automated platform that lets companies cut the time it takes to hire software engineers from months to days announced a $14 million seed funding round.
Tech startup MITO Material Solutions announces oversubscribed $1m Series Seed funding round
MITO Material Solutions, a cutting edge developer of additives that enable polymer manufacturers to enhance product performance, announced an oversubscribed $1 million Series Seed funding round.
Ada Labs to launch four startups by December to provide solutions for Africa
Ada Labs Africa with headquarters in Nairobi, Kenya announced that since it’s launch earlier this year, the fusion lab has acquired six startups. The Lab currently has two in the market with the other four launching in the coming months.
Swiss startup Olympe raises €2.3m investment round to accelerate growth
Olympe, a disruptive software development platform for large companies announced the closing of €2.3 million funding round.
Healthtech startup Emme closes $2.5m seed round, launches integrated technology enabled birth control solution
Emme, a healthcare technology company focused on women's health, announced the launch of the Emme Smart Case, an integrated solution designed to reduce the 9% failure rate of birth control pills.
102 startups selected for Plug and Play's fall 2020 batches
Silicon Valley headquartered global innovation platform Plug and Play has announced the selection of 102 new startups into its fall 2020 batches.
Canadian startup OpenUnit raises $150K pre-seed funding from Y Combinator
Toronto-based OpenUnit announced it has raised $150,000 in pre-seed funding from US accelerator Y Combinator.
Belgian startup Ampacimon raises €4m to further accelerate growth through innovative projects
Belgian startup Ampacimon has raised €4 million with Korys as lead investor, with existing shareholders Gesval and Creos also taking part in this financing round with a view to strengthening their historical link with Ampacimon.
Organizational Management startup ChartHop raises $14m Series A financing led by a16z
ChartHop, the world's first organizational management platform built to help companies plan for the future, announced it raised $14 million in a Series A financing led by Andreessen Horowitz (a16z).
AI startup Fiddler secures investment from Amazon Alexa Fund to accelerate explainable monitoring solution
AI startup Fiddler announced a strategic investment by the Amazon Alexa Fund to advance its explainable monitoring solution.
HR tech startup Incluzion connects diverse talent to remote work and upskilling during pandemic
Incluzion, the first online platform connecting companies to Black and Latinx talent for freelance work announced the launch of Incluzion Learning, and the Incluzion Remote Jobs.
Finnish startup Quuppa raises €20m to accelerate growth
Quuppa, a global provider of Real-Time Locating Systems (RTLS), announced its first ever round of funding, worth €20 million to accelerate growth.
Swedish startup Voi steps up its safety game with next generation scooter
Swedish startup Voi unveiled its safest ever scooter model - Voiager 4 - the world’s first sharing scooter with indicators, allowing riders to alert other road users.
Sporttrade, Twin River Worldwide Holdings partner to offer online sports betting in New Jersey
Sporttrade, Philadelphia based sports betting startup has entered into a multi-year partnership with Twin River Worldwide Holdings, for the launch of Sporttrade's proprietary sports betting exchange product in the state of New Jersey.
MURAL raises $118m Series B funding to scale visual collaboration across global enterprises
MURAL, the leading digital workspace for visual collaboration in the enterprise, has closed $118 million in Series B funding, led by Insight Partners and joined by Tiger Global, Slack Fund, World Innovation Lab, and existing investor Gradient Ventures.
RNAimmune closes $2.35m seed funding for development of mRNA therapeutics and vaccines
RNAimmune announced the completion of its $2.35 million seed round financing from multiple venture capitalists including Terra Magnum Capital Partners.
Health startup BuddyCheque inks deal with Select Ortho to enhance employee, customer safety
Health startup BuddyCheque has joined forces with Select Ortho to ensure that their employees and customers remain safe during COVID-19.
SBT Alliance named Most Promising IoT Startup 2020
StartUp City Magazine recognizes Smarter Building Technologies (SBT) Alliance as Most Promising IoT Startup in 2020.
Gaming startup Lootcakes raises $2m to expand rewarded data sharing for VIP gamers
Lootcakes, world's first network devoted to spenders in free-to-play games, announced the closing of a $2 million seed round led by Konvoy Ventures, with other participants including SOSV and GAN Ventures.
3D printed home builder ICON lands $35m funding led by Moderne Ventures
Developer of advanced construction technologies including robotics, software, and building materials ICON announced it has completed a $35 million series A round of financing led by Moderne Ventures.
Connectus Global closes venture funding round from Texas based CSL Ventures
Canadian based Connectus Global (Connectus), closed its Seed Round of financing led by Houston, Texas based CSL Ventures, the venture capital arm of energy services private equity firm CSL Capital Management.
AI startup SupportLogic raises $12m to accelerate its intelligent support platform
SupportLogic, world's first intelligent support platform for customer support/success teams, announced it has raised $12 million of seed and series A funding, led by Sorenson Ventures.
Fintech startup Kira closes oversubscribed $2.2m private round led by blockchain investors
Kira, a decentralized finance technology company, successfully closed its Seed round backed by the private equity firm Ascensive Asset Management and Alphabit Fund.
Chili Piper raises $18m Series A funding to instantly connect remote sales team to customers
Chili Piper, the leader in Inbound Revenue Acceleration, announced it has raised $18 million in Series A funding led by Base10 Partners with participation from Gradient Ventures, Google's AI-focused venture fund, and Flashpoint Venture Capital.
Creative Chaos, RallyCry Ventures announce $2.5m forgivable loan program for pre product startups
With pre product startup founders struggling to raise capital due to the COVID pandemic, Creative Chaos along with RallyCry Ventures launched a MVP Financing Program to help founders build their ideas during these difficult times.
Oregon based cannabis e-commerce startup Dutchie completes $35m Series B funding round
Dutchie, the world's largest and fastest-growing e-commerce solution for cannabis dispensaries announced the completion of its $35 million Series B funding round, bringing Dutchie's total funding to $53 million to date.
Traveltech startup Omio raises $100m to strengthen position as global travel platform
Omio, formerly GoEuro, Europe’s leading multi-modal travel booking platform, announced it has secured $100 million in investments from existing and new investors.
German traveltech startup Omio launches 'Open Travel Index' to navigate new travel era
Europe’s leading multi-modal travel booking platform Omio is reigniting travel by launching a new online resource to help travellers easily understand where they can travel to within Europe.
Seed stage investing and why it matters for Africa’s startup and innovation community
Startup entrepreneurs are working to harness Africa’s potential. Together they represent a critical pipeline of innovation that is driving high growth high impact solutions on the continent.
U.S. fintech startup Robinhood closes $200m in Series G funding
U.S. fintech startup Robinhood announced a $200 million Series G funding at an $11.2 billion valuation from D1 Capital Partners.
Estonian fintech startup EvoEstate secures €320K pre-seed round for global expansion
Estonian fintech startup EvoEstate announced a €140K pre-seed extension to close its €320K pre-seed round, backed by Lithuanian Startup Wise Guys, a Hong Kong-based stealth investment fund, and business angels from France and the Baltics.
Fintech startup Robinhood to expand customer experience team with new employees across the U.S.
Financial services startup Robinhood announced that this year, the company plans to hire hundreds of additional registered financial representatives in Southlake, Texas, and Tempe, Arizona.
CaixaBank launches open innovation program to support startups in Spain and Portugal
CaixaBank has launched a new open innovation program to support startups in Spain and Portugal called the DayOne Open Innovation Program.
Zipp Mobility gets green light for UK e-scooter trials
Zipp Mobility, the Irish micromobility startup, announced the UK Department for Transport (DfT) has approved the company’s e-scooter model for use in trials across the UK.
Dublin based startup Blafar secures ISO 13485:2016 certification
Blafar Ltd announced it has secured an internationally recognised quality management system standard certification specific to the medical device industry.
Irish agtech startup MagGrow raises €6m Series A round
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.
U.S. startup Mission Bio raises $70m to accelerate development of cancer therapies
California based startup Mission Bio, pioneer in high-throughput single-cell DNA and multi-omics analysis announced $70 million in its Series C financing led by Novo Growth, the growth equity arm of Novo Holdings.
Kenyan women and youth agritech startups invited to apply for $100k FoodTech Africa accelerator
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.
Ukrainian startup Liki24 raises $5m from Horizon Capital, existing investors to fuel European expansion
Liki24, Ukraine-based e-commerce platform for medicine delivery, raised a $5 million round from Horizon Capital and existing investors, bringing total funding raised to date to $6 million.
Online document US startup Coda raises $80m Series C round
US online document startup Coda raised $80 million Series C round led by Mamoon Hamid from Kleiner Perkins.
US startup Atomo Coffee raises $9m to bring molecular coffee to the market
Seattle based startup Atomo Coffee announced it has closed an additional $9 million in Seed funding to bring its molecular coffee to market.
[Startup Interview] Mangaldas Gupta, CEO, Magma Ash Tech, India
Magma Ash Tech is an Indian startup involved in the procurement, processing and export of Flyas, one of the residues produced during combustion of coal. Fly ash is used mainly as a bonding agent mainly in cement plants, ready mix concrete units, manufacture of blocks, bricks and boards.
Seattle based fintech startup Routable raises $12m for efficient business payments
Seattle based fintech startup Routable has raised $12 million in Series A funding from Founders Co-op, Lee Fixel, Y Combinator, Box Group, Liquid 2 Ventures, Jason Gardner, Gokul Rajaram, Aaron Schildkrout, Sam Hodges, Immad Akhund, and many others.
Finland VR/XR startup Varjo secures €46m Series C funding
Helsinki-based startup Varjo, a leader in industrial-grade VR/XR hardware and software, announced it has closed a €46 million round of Series C funding.
Kenyan retail-tech startup MarketForce 360 selected for Y Combinator Summer 2020 Batch
Kenyan retail-tech startup MarketForce has been selected for the Silicon Valley based Y Combinator Summer 2020 batch.
[Startup Interview] Tracy Mapfumo, CEO, Eny's Treats, Zimbabwe
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.
UK startup Omnipresent raises $2m seed funding to provide solution for remote work revolution
UK startup Omnipresent Group has raised $2m in a seed round led by Playfair Capital and Episode 1. The fundraise was closed within six weeks during the height of the pandemic.
[Startup Interview] Emmauel Nabuora, CEO, ParteUp, Kenya
Emmauel Nabuora is the CEO of Kenya-based ParteUp, an online application that gives users the opportunity to discover, create, find and share parties within their locality while allowing them to host and stream their parties to live attendees.
[Startup Interview] Kaxton Kabogoza, Founder, Kenda Interlocking Bricks, Kenya
Kenda Interlocking Bricks is a Kenya start up in the manufacturing sector that is championing the use of eco-friendly and affordable construction materials as it seeks to bridge the housing deficit in Kenya and the East African region. Engineer Kaxton Kabogoza the founder explains.
U.S. startup WiBotic receives industry-first FCC approval for high power wireless charging
Seattle-based startup WiBotic received equipment authorization from the Federal Communications Commission (FCC) for its high power transmitters and receivers.
Polish healthtech startup Infermedica raises $10.25m in Series A funding for global expansion
Polish healthtech startup Infermedica has raised $10.25 million in Series A funding with participation from existing investors Karma Ventures, Inovo Venture Partners, and DreamIT Ventures, as well as two new co-lead investors, EBRD and heal capital.
German computer vision startup Segmentive closes €2m seed round to breakthrough whole-body mobile segmentation
Deep-tech computer vision startup Segmentive closed final funds in €2m seed round in a bid to deliver whole-body video segmentation, in real-time and on mobile.
Nigerian mobility startup Plentywaka raises $300,000 investment as it expands into Abuja
Nigerian mobility startup Plentywaka secured a pre-seed investment led by Emfato, Microtraction, and Niche Capital worth $300,000.
San Francisco edtech startup Springboard raises $31 million Series B funding
San Francisco edtech startup Springboard has raised $31 million in Series B funding led by Mark Sherman and Albert Bielinko from Telstra Ventures, Arrun Kapoor from SJF Ventures, and YB Choi from Vulcan Capital.
Seattle based startup Minnow raises $2.2 million to meet demand for contact free pickup solution
Minnow Technologies, a Seattle based IoT startup that has developed a contact free food delivery and pickup solution has raised $2.2 million in an oversubscribed seed round.
French startup DNA Script expands Series B funding to $89 million
French startup DNA Script announced a $50 million extension to its Series B financing, bringing the total investment of this round to $89 million led by Casdin Capital.
Austrian startup kompany accelerates growth with new funding, brings total raised to €14 million
kompany, an award winning RegTech platform for Business KYC (KYB) announced new investment of almost €6 million to accelerate growth and expand its new product lines.
Lithuanian AdTech startup RedTrack raises $500 000 from Genesis Investments and Iron Wolf Capital
Lithuania based AdTech startup RedTrack has received $500 000 in Seed funding from Genesis Investments and Iron Wolf Capital to make ads spend more efficiently.
British startup Planet Smart City partners with UN-Habitat on slum upgrading initiatives in Kenya
British startup Planet Smart City has joined forces with the United Nations Human Settlements Programme, UN-Habitat to provide digital tools, community management and social innovation to help improve lives in informal settlements in Kenya.
U.S. startup Ossia partners with Toyoda Gosei to deliver wireless power over the air in vehicle cabins
Toyoda Gosei Co, a Toyota Group company, has concluded a joint development agreement with Ossia Inc, a U.S. startup that leads the world in the field of wireless power solutions.
VC4A announces 2020 ‘Venture Showcase - Seed’ for African early stage startups
VC4A, in collaboration with technical partner AWS Activate, and network partners AfriLabs and ABAN is calling for African startups looking to raise between $150K and $1M.
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.
Evonik invests in Chinese tech startup to support intelligent, healthier pig farming
Evonik’s venture capital arm has invested in SmartAHC, a Chinese technology startup that enables more intelligent and healthier pig farming.
IFC helps boost clean tech startups in Egypt, enables farmers switch to solar
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 FCMB, Passion Incubator partner to launch FCMB Agritech Epic Pitch 2020
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.
Interviews.
[Interview] Caroline Mutuku, General Manager, Glovo, Kenya
Caroline Mutuku is Kenya's General Manager of multi-category app Glovo. Caroline joined Glovo in December 2022 from Swvl Kenya where she also served as the General Manager from December 2021. In this interview...read more here
[Interview] Renate Swanepoel, COO, INC. Networking
Renate Swanepoel is an entrepreneur, global networker and inspirational speaker that has helped thousands of people around the world to find their purpose. She has gained significant networking and communication...read more here
[Interview] Anne-Marie Chidzero, Chief Investment Officer, FSD Africa
Anne-Marie Chidzero is the Chief Investment Officer at the Financial Sector Deepening Africa (FSD Africa) Investments. In this interview, she talks about the risks and opportunities in backing Africa’s early-stage startups...read more here
[Interview] James Kilpatrick, Chair, Gravitilab, UK
Gravitilab is a "Space as a Service" business providing research, testing and qualification facilities to space agencies, government, academia and commercial enterprises. The company’s Chair and Chief Finance Officer...read more here
[Interview] Ramanjeet Singh, CEO, Woosper, USA
Woosper is a US-based digital advertising and marketing agency focused on creating experiences that help clients discover their place in the digital world. The CEO Ramanjeet Singh...read more here