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VCs have growing appetite for “AgriFood”

sudshr47 March 7, 2019 Startups

Venture investors are pouring billions of dollars into feeding their hunger for food and agriculture startups. Whether that trend line is due to enthusiasm for the sector or just broader heavy investing in the VC space is much less clear. According to a recent report published by AgFunder – a VC and investing marketplace focused […]

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SeeTree raises $11.5M to help farmers manage their orchards

sudshr47 January 17, 2019 Startups

SeeTree, a Tel Aviv-based startup that uses drones and artificial intelligence to bring precision agriculture to their groves, today announced that it has raised an $11.5 million Series A funding round led by Hanaco Ventures, with participation from previous investors Canaan Partners Israel, Uri Levine and his investors group, iAngel and Mindset. This brings the […]

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IBM Africa and Hello Tractor pilot AI/blockchain agtech platform

sudshr47 December 21, 2018

IBM Research and agtech startup Hello Tractor have developed an AI and blockchain-driven platform for Africa’s farmers. The two companies will pilot the product in 2019.

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Agtech startup Imago AI is using computer vision to boost crop yields

sudshr47 November 29, 2018 Startups

Presenting onstage today in the 2018 TC Disrupt Berlin Battlefield is Indian agtech startup Imago AI, which is applying AI to help feed the world’s growing population by increasing crop yields and reducing food waste. As startup missions go, it’s an impressively ambitious one. The team, which is based out of Gurgaon near New Delhi, […]

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Africa’s agtech wave gets $10 million richer as Twiga Foods raises more capital

sudshr47 November 16, 2018

Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor Nigerian data analytics company Terragon acquires Asian mobile ad firm Bizense Africa Roundup: Local VC funds surge, Naspers ramps up and fintech diversifies Kenya’s Twiga Foods has raised $10 million from […]

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Precision farming startup Taranis gets $20M Series B for its crop monitoring tech

sudshr47 November 6, 2018 Startups

Taranis, an ag-tech startup that uses aerial scouting and deep learning to identify potential crop issues, announced today that it has raised a $20 million Series B led by Viola Ventures. Existing investors Nutrien (one of the world’s largest fertilizer producers), Wilbur-Ellis venture capital arm Cavallo Ventures, and Sumitomo Corporation Europe also participated. Tel Aviv-based […]

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Major trends in agtech for 2018

sudshr47 March 8, 2018

The disruption over the last decade in the retail food value chain gained momentum in 2017 with the IPO of Blue Apron, and acquisitions such as Bai Brands, Sir Kensington Condiments and Whole Foods by Amazon. This wave of disruption is being para…

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Agrilyst raises another $1.5M for its intelligent indoor farming platform

sudshr47 February 7, 2018

Agrilyst, a platform that makes it easier for indoor farmers to manage their crops based on sensor data, today announced that it has raised a $1.5 million funding round from iSelect Fund, Argonautic Ventures, Horizons Lab and Onland Capital Fund….

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Africa Roundup: Lori Systems wins BFX Africa, Andela raises $40M, Jumia lends to SMEs, Safaricom launches incubator

sudshr47 November 15, 2017

Logistics transportation company Lori Systems won best of show at TechCrunch’s Startup Battlefield Africa after gaining majority votes of the event’s 15 judges. The Kenyan based venture pitched its platform to optimize all points of the cargo delivery supply chain―from the trucks, to the suppliers, to invoicing and costs. Co-founded by South African Josh Sandler and Kenyan… Read More