iGrow Smart Farming News’ Post

AgFunder's $102 Million Fund IV: Revolutionising Global Agriculture and AgTech AgFunder, a pioneering deep tech venture capital firm, has closed its fourth early-stage fund, Fund IV, with an impressive $102 million in commitments. This significant milestone marks a major boost to the agrifood tech industry, poised to drive innovation, sustainability, and growth in global agriculture and AgTech.AgFunder's Fund IV is a significant development in the agrifood tech industry, poised to drive innovation, sustainability, and growth in global agriculture and AgTech More here - https://lnkd.in/gDQrqNd7

Hidden River Strategic Capital Invests in Seedbox Solution to Drive Innovation in Agricultural Supply Chains Hidden River Strategic Capital has announced its investment in Seedbox Solution, a leading provider of reusable packaging and fleet management solutions for the seed industry. The partnership, which includes investments from Granite Creek Capital Partners and Everside Capital Partners, supports a management-led buyout of the company’s previous majority shareholder while providing significant capital for growth initiatives. “We are thrilled to support the Seedbox management team as they continue to drive efficiency and innovation throughout the seed industry supply chain,” said Todd Morrissey, Co-Founder and Partner at Hidden River. “This transaction aligns perfectly with our investment strategy of providing flexible structured capital to strong businesses. We see significant potential in Seedbox’s capacity to innovate and streamline supply chain logistics within the agricultural sector.” Read the entire article here -> https://lnkd.in/epD9sZiJ 🌟 Follow us for daily AgTech updates 📬 Subscribe to our newsletter for weekly insights: agtechdigest.com

We’re thrilled to introduce MilkWinner Inc, a visionary startup in the TRUK Accelerator Program, supported by Oxtech Ventures. MilkWinner revolutionizes dairy farming with its patented washing technology, enhancing milk quality and providing farmers and processors with increased profitability and sustainability. Their innovative approach ensures healthier milk production while contributing to more efficient and eco-friendly operations. With a focus on innovation and impact, MilkWinner is transforming the dairy industry, setting new standards for sustainability and productivity. We’re proud to support their journey as they bring positive change to the agricultural ecosystem. #MilkWinner #Sustainability #InnovationEcosystem #TRUKAccelerator #OxtechVentures #DairyIndustry #EcoInnovation

🚀 Major Milestone for AgTech Innovation! 🌱 ATB Financial and The51 Food and AgTech General Partners have officially closed The51 Food and AgTech Fund at $51 million—a significant boost for early-stage science and tech founders transforming agriculture. This fund, jointly managed by The51 and CNSRV-X under NYA Ventures, is dedicated to advancing sustainable, high-impact innovations in AgTech. From improving crop yields to reducing environmental impacts, the fund supports solutions vital for feeding a growing global population. ATB Financial’s CEO, Curtis Stange, emphasizes their commitment to fostering AgTech innovation in Alberta, while fund leaders Shelley Kuipers, Judy Fairburn, and Alison Sunstrum spotlight the importance of supporting diverse and underrepresented founders. In today’s challenging VC landscape, closing a fund of this scale demonstrates strong investor confidence in building a resilient, efficient, and climate-conscious future for food production. 🌾 Here’s to driving bold ideas and sustainable agriculture forward!

Venture Capitalists in the agtech space provide funding and strategic guidance to startups driving climate smart crop solutions. Their investments not only accelerate the adoption of climate-resilient agricultural practices but also foster the creation of more resilient food systems. Mark S. Brooks, Lisa Schmitt, Emilie Abrams, Jeff Inman and Erkki Aaltonen are among agtech-focused VCs everyone should know of in 2024. #AgTech #Sustainability #InnovationInAgriculture #ClimateSmartFarming #CircularFarming #SustainableFoodSystems #ClimateTech #ClimateAction #ClimateChange

Oishii has closed its Series B financing at $150MM, with the latest investors including Resilience Reserve and Miyako Capital. Alongside its successful funding efforts, Oishii marks a retail expansion with its flagship Koyo Berry now available at Whole Foods Market across Chicago. Resilience Reserve's co-founder Chris Anderson highlighted the company's agricultural innovation as a key motivator for their support. https://lnkd.in/eZQrbG5p #FoodTech

🌍 Latin America: a thriving hub of AgriFoodTech innovation, where startups are transforming the supply chain from farm to fork In this AgFunder article, dive into an exclusive look behind the scenes of Final Pitch Day—an event that’s more than a competition. It’s the result of months of collaborative work within an open innovation ecosystem that involves startups, but also producers, distributors, traders, corporates, early adopters, venture capital funds, and institutions 💡 The Final Pitch Day it’s the cherry on top of a broader journey that aligns with our vision: building an innovation ecosystem that connects key players across the entire value chain, tackling long-standing challenges with fresh perspectives and advanced technology. ✍ By Jennifer Marston https://lnkd.in/dJmiJC9x #agtech #climatech #agfunder

The Foodbytes by Rabobank team just released their Q2 market report, exploring how incremental innovation empowers the food and ag industry in three key areas: resource management, manufacturing efficiency and ingredient diversification. Tap into these insights and more through the Foodbytes hub: https://bit.ly/3YmzJAH

Did you know that North American farmers lead global AgTech adoption, with ~61% using or planning to adopt at least one AgTech technology? This week, we analyzed 73 players in the US AgTech market and collected valuable insights into how AgTech companies enable farmers to monitor real-time conditions, make data-driven decisions and boost yield to address challenges such as labor shortages, rising food demand and the need for environmental sustainability in agriculture. PE-led interest has been significant, with >64% of identified assets being sponsor-backed. Herein, the increasing global food demand, focus on sustainability, improved farm economics and government support through funding programs and favorable policies make the industry attractive to financial sponsors. On the other hand, inherent exposure to the cyclical agricultural market, high CAPEX, complex R&D requirements and challenges in farmers' adoption serve as detractors for investors. AgFunder, Airtree, Alumni Ventures, AME Cloud Ventures, Anthos Capital, Astanor, Baird Capital, BlackRock, Cavallo Ventures, CPP Investments | Investissements RPC, DCVC, Eight Roads, Entrée Capital, Flagship Pioneering, GV (Google Ventures), IGNITION PARTNERS, Insight Partners, iSelect Fund, Kleiner Perkins, LaunchCapital, Liquid 2 Ventures, Morningside Technology Advisory LLC, New York Angels, Northpond Ventures, Novo Holdings, Prelude Ventures, Rabo Investments, S2G Ventures, Serra Ventures, LLC, SoftBank Group Corp., Spark Capital, STAGE 1 VENTURES, T. Rowe Price, Temasek, Toyota Ventures, Viking Global Investors, Voyager Capital and Western Technology Investment are currently invested in the US AgTech market. Interested? Read our full report: https://lnkd.in/gpV7JC_D #origination #privateequity #finance #agtech #agriculturetechnology #cropprotection #cropbreeding #precisionagriculture #farmautomation #geneticmodification #agriculturalsoftware #agricultural #farming

🇨🇦 The51 Food and AgTech Fund announced a $51M final close of its early-stage VC fund to back diverse founders innovating in agriculture The fund targets deep science and advanced technologies, such as AI, robotics, and biotechnology, to address food security, crop resilience, and environmental sustainability. The51 Food and AgTech Fund prioritizes diversity in its investment approach. It focuses on supporting women and underrepresented founders who have the potential to develop transformative agricultural technologies. Despite challenges in the venture capital market, the fund’s successful closing signals strong trust in its ability to drive meaningful advancements in agritech. ATB Financial has a long history of supporting Alberta’s agriculture ecosystem, and its involvement underscores the fund’s credibility and growth potential. Shelley Kuipers, Judy Fairburn, Curtis Stange ✉️ Hungry for more updates on the intersection of biotech and agrifood to build a climate-friendly food system? Devour the free subscription: betterbioeconomy.com