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 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 announced it received an investment funding to boost inputs distribution across the country.
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 announced the second close of a Pre-Series A investment raise with an additional $1.5 million investment from Dutch social impact investor Oikocredit.
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.
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 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.
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.
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.
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.
To help communities reduce their post-harvest losses and access a more reliable supply of processed fish products.
EuraTechnologies announced the raising of €24 million to back deep tech startups and open 10 incubators in Eastern Europe.
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, 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.
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.
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.
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.
The Standard Chartered Bank has opened applications for the 5th cohort of its Women in Tech incubator program.
More than 3 million smallholder farmers contribute 95% of Mozambique’s agricultural production.
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.
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.
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.
The unprecedented figure represents a 136% increase over last year, which concluded with a full-year total of $10.8 billion raised.
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.
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 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.
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.
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 announced the formation of Cooperative Ventures, a new capital fund that will focus on creating advancements in breakthrough technologies for the agriculture industry.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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 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.
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.
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 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 & 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.
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.
FMO and Cathay AfricInvest Innovation have invested in Aerobotics, a South African AgriTech startup developing intelligent tools to the feed the world.
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.
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.
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.
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.
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.
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’s venture capital arm has invested in SmartAHC, a Chinese technology startup that enables more intelligent and healthier pig farming.
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.