Tortuga AgTech’s Post

“Fieldin has been paving the way for innovation in high-value crops. What stood out to us, as a voting committee, with Fieldin’s autonomous technologies, is the real impact that they are enabling growers with today.” Congrats to our portfolio company, Fieldin, for winning “Overall Agriculture Robotics Solution of the Year” by AgTech Breakthrough Awards. This global recognition comes from an industry-leading evaluation, which received over 1,750 nominations from 15 countries. “It’s clear that Fieldin is taking a grower-first approach to innovation – one that helps solve pressing challenges today while helping shape the future for more efficient, sustainable farming practices.” Continue reading in the comments below👇 Boaz Bachar Edo Reshef Yonatan Horovitz Iftach Birger #agtech #agriculturetechnology #privateequity #farmmanagement #yieldinventory #cropsavings

🤖 Aigen's Leap Forward: $12M Series A Funding Secured for Agri-Tech Innovation 🌾 Aigen, an emerging leader in sustainable agriculture technology, has secured a substantial $12 million in Series A funding, setting the stage for an agricultural revolution. Key Takeaways: -> Significant Funding Milestone: Aigen successfully raises $12 million to enhance its solar-powered robotic fleet. -> Sustainable Farming Technology: Aigen Element robots offer a chemical-free, solar-powered solution for crop management. -> Deployment in U.S. Agriculture: Over 20,000 acres of U.S. farmland will adopt this technology by Spring 2024. -> Commitment to Decarbonization: Aigen’s vision centers on decarbonizing agriculture to benefit human and planetary health. -> Strong Investor Support: Led by ReGen Ventures, the funding round reflects confidence in Aigen’s regenerative agricultural solutions. This funding marks a significant step for Aigen, poised to transform sustainable farming practices.

🚀 Enjoyed part I of our #Agtech white paper? Part II is now out! 🌱 In this continuation, Alexandre de Martino and the team map the Agtech ecosystem and present our investment thesis. They’ve connected with over 100 global stakeholders and identified key trends: 🔗 Unified data integration: Simplifying the management of diverse data sources to enhance decision-making. 📲 Streamlined communication: Reducing administrative burdens through centralized, structured communication. 🤝 Peer-to-Peer tools: Leveraging community platforms for farmer engagement and long-term value. They’ve categorized top innovative companies in: ✅Precision agriculture ✅Farm management systems ✅Agricultural robotics ✅Agri-Fintech ✅Geospatial imagery & weather ✅Agri-Marketplaces ✅Livestock management ✅Supply chain optimization Continue reading part II here to learn more about how they mapped the Agtech landscape and identified these key trends: 👇 #AVP #Agriculture #Agtech #Innovation AVP (AXA Venture Partners) Bene Bono

#CEODesk 🌱 Precision Ag's Milestone: AGCO & Trimble Forge Future of Farming In the vista of agronomic innovation, a seminal alignment between AGCO Corporation and Trimble Inc.—creating PTx Trimble—cements a transformative era in precision agriculture. This collaboration is not just about technological advancement but a cultivation of new market dynamics that may very well redefine the agricultural landscape. 🌾 Harvesting Synergy: The fruition of PTx Trimble promises to equip farmers with a comprehensive digital toolkit, transcending brand barriers. It's an ambitious leap into a future where every tractor, irrespective of make, benefits from tailored precision tools—from autonomous guidance to sustainability analytics. The essence of this JV lies within the integration and democratization of ag tech, fostering an era of tech-infused ubiquity across furrows and fields alike. Understanding the Growth Trajectory: With an eye on surpassing $2 billion in precision ag revenues by 2028, AGCO's ambition reflects an industry at the cusp of exponential growth. Their strategic financial structuring, boasting a mix of unsecured notes and borrowings, not only signals a robust thrust towards scaling PTx Trimble but also an undeniable affirmation of the JV's market capture potential. Strategic Market Movements: As AGCO nurtures its technological offerings, the broader percussions ripple across the precision ag market. This consolidation positions them as a catalyst in a segment ripe for disruption and growth, inevitably inviting investors to reap the benefits of a sector on the ascendancy. Key Investment Directives: 🚜 Engage with the pioneers leading the precision ag revolution, such as AGCO and Trimble. 🚜 Look beyond the seeds of short-term gains; forecast the promising realm of long-term profitability within ag tech. 🚜 Invest in innovation; for it's within the furrows of market disruption that the future of agriculture is being sown. PTx Trimble is not just a joint venture but a harbinger of agricultural transformation. As we venture into this fertile horizon, the question we cultivate is not if, but how rapidly will the impact of such collaborations yield prosperity for the global food system? Join the discussion with #MarketUnwinded as we unravel the layers of this groundbreaking venture. Read More: https://lnkd.in/gyRrQyJK 🖊️ Rohith Sampathi #PrecisionAgriculture #AGCO #Trimble #AgTech #FutureOfFarming #InvestmentOpportunity #MarketDisruption #InnovationInAgriculture #StrategicInsights #Leadership

🤖 Carbon Robotics’ LaserWeeders™ Reach Milestone of 10 Billion Weeds Eliminated Carbon Robotics, a leader in AI-powered farming solutions, announced a significant milestone: its LaserWeeder™ fleet has successfully eradicated over 10 billion weeds across North America, Australia, and Europe since its introduction in 2022. This achievement underscores the efficiency and effectiveness of the LaserWeeder in modern agricultural practices. Paul Mikesell, CEO and founder of Carbon Robotics, highlighted the impact: “It would take 100 people 10 years of continuous hand-weeding to eliminate 10 billion weeds. The LaserWeeder has achieved this milestone in just 24 months without using chemical herbicides or hand-pulling, enabling growers to allocate available labor to higher-value tasks that move the needle for their business.” Read more here -> https://lnkd.in/gA-ACJpS Subscribe to our newsletter at agtechdigest.com/subscribe

Technology adoption is slower in agriculture compared to other industries, with only one technology managing to cross 50% adoption, as per USDA report https://lnkd.in/exUi7BP7 Feeding the world while protecting the planet is one of our key existential challenges, farmers and growers worldwide have been introduced to many technological innovations like autonomous tractors, precision farming, biologicals, etc. with limited success and low adoption rates so far. Join Cassie Meiko Ron and myself at Vision Conference next week ( Jan 22-24) in Glendale, AZ, to discuss what lessons can we learn from transportation, industrial, healthcare, and other industries, which can potentially help deploy innovations at scale that can eventually benefit farmers and consumers. Let's discuss how we can overcome the challenges and make agriculture a more innovative and efficient industry. https://lnkd.in/eM7YvMRp - Vision Conference.

This week, I attended an excellent lecture at FIA Business School titled "Rhetoric or Reality: Environmental Challenges and ESG for Organizations," presented by Carlos Netto. During the lecture, he emphasized the importance of setting business goals aligned with ESG objectives. For Bayer, ESG principles, particularly Regenerative Agriculture, are integral to the strategy for the future of agriculture. On the page below, you can see the recording of CropScience Innovation Summit and learn how Bayer is developing solutions to help farmers increase production while using fewer resources, all while ensuring ecosystem regeneration. https://lnkd.in/gDCcDAXY

While looking back at the illuminating discussions and thought provoking presentations from last week's #CDACON24 & #AgTechWeek2024, we're also looking ahead at what comes next for digital agriculture. The Center for Digital Agriculture (CDA) conference highlighted the pivotal role of technology in revolutionizing farming practices and fostering sustainability, as well as CDA's commitment to driving innovation and collaboration in the agricultural industry. "Digital agriculture, precision farming and robotics are all key ingredients that help us manage today’s challenges and ensure a more sustainable and promising future...CDA is in the thick of these activities and plays a vital role in supporting the industry’s transition and development." :Wilfried Aulbur, senior partner at Roland Berger Global Consulting Read more about CDA & the future of digital ag: https://lnkd.in/gjr_pjpP #AgTech #DigitalAgriculture #Innovation #Sustainability #FutureOfFarming #CDA

Transforming Agriculture: Bushel® Rakes in $26 Million to Fuel the Digital Farming Revolution Bushel® marks a significant stride in modernizing agriculture. With this new investment, three crucial insights have emerged: 🌾Acceleration of Digital Payment Adoption: A leap towards efficiency, accuracy, and transparency. 🌾Streamlining Operations through Next-Generation FMS: A game-changer in farm data management, driving smarter decisions. 🌾Connectivity & Collaboration across the Supply Chain: Unifying a fragmented industry, enhancing productivity, and fostering innovation. These advancements symbolize a digital revolution where technology meets tradition, creating opportunities for efficiency, sustainability, and growth. This is more than profit; it's about reshaping an industry vital to our world. Read More: https://lnkd.in/efmVJKbK Let's connect at Market Unwinded and explore these market shifts together. Your insights and reflections on this groundbreaking news are highly valued. #digitalagriculture #marketunwinded #investmentopportunity #bushel

𝗦𝗺𝗮𝗿𝘁 𝗔𝗴𝗿𝗶𝗰𝘂𝗹𝘁𝘂𝗿𝗲 𝗦𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝘀 𝗠𝗮𝗿𝗸𝗲𝘁 𝟮𝟬𝟮𝟰-𝟮𝟬𝟯𝟭. 𝗚𝗹𝗼𝗯𝗮𝗹 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗥𝗲𝗽𝗼𝗿𝘁 This comprehensive report offers a detailed analysis of the global Smart Agriculture Solutions market, providing both quantitative and qualitative assessments across companies, regions, countries, types, and applications. It delves into competition, supply and demand trends, and key factors influencing changing demands across diverse markets, recognizing the dynamic nature of the industry. 𝐓𝐨 𝐊𝐧𝐨𝐰 𝐭𝐡𝐞 𝐆𝐥𝐨𝐛𝐚𝐥 𝐒𝐜𝐨𝐩𝐞 𝐚𝐧𝐝 𝐃𝐞𝐦𝐚𝐧𝐝 𝐨𝐟 𝗦𝗺𝗮𝗿𝘁 𝗔𝗴𝗿𝗶𝗰𝘂𝗹𝘁𝘂𝗿𝗲 𝗦𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝘀 𝗠𝗮𝗿𝗸𝗲𝘁. 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐨𝐫 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅: https://lnkd.in/gMbvjgaZ *𝗕𝘆 𝗧𝘆𝗽𝗲: Smart Farming, Smart Breeding, Smart Processing *𝗕𝘆 𝗔𝗽𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻: Smart Farm, Smart Greenhouse, Smart Processing Plant *𝗕𝘆 𝗥𝗲𝗴𝗶𝗼𝗻: North America, Europe, Asia-Pacific, South America, Middle East & Africa *𝗕𝘆 𝗞𝗲𝘆 𝗣𝗹𝗮𝘆𝗲𝗿𝘀: BASF, OMRON Corporation, DowDuPont, Monsanto (Bayer), Syngenta (ChemChina), Biz4Intellia Inc., KWS SAAT SE, Simplot, Agtech Logic, GeoPard Agriculture, Yara International, Netafim, Robotics Plus Ltd, Abundant Robotics, ecoRobotix, Green Growth, Nerit'e, Agro Intelligence. #smartagriculture #precisionfarming #agritech #IoTinagriculture #agriculturaltechnology #farmmanagement #sustainability #digitalagriculture #precisionagriculture #farmautomation