Posts | AgFunderNews
AgFunderNews reports on the evolution of the global food and agriculture system. By going beyond the headlines, we analyse the people, companies and technologies aiming to improve human and planetary health. Publishing daily news, our team of award-winning journalists delivers deeper insight on the growing foodtech, agtech and climate tech industries. A multimedia publication, AgFunderNews is ...
Ag Marketplaces & Fintech most funded 2024 African agrifoodtech
Oct 28, 2024 · Startups in the Ag Marketplaces & Fintech category have taken the top spot for funding in recent months, overtaking the Midstream Tech category in 2023 and bringing in $65 million, or 41% total investment on the continent so far in 2024* according to AgFunder’s recently published Africa Agrifoodtech Investment Report 2024. [Disclosure, AgFunder is the parent company of AgFunderNews.]
AFN - FoodTech, Agtech, Startups, Venture Capital
Reporting from the frontlines of the food revolution where foodtech startups, entrepreneurs, and venture capital investors are transforming the industry.
Agtech VC investment on the rise again - agfundernews.com
Nov 13, 2024 · VC investment into agtech increased for the second consecutive quarter in Q3 2024, suggesting recovery for the sector after some major low points in 2023 and earlier this year.. According to newly released PitchBook data, agtech saw $1.6 billion invested across 159 deals in Q3 2024, with a 15% increase vs Q2 in deal value.Deal count declined 17.6% from Q2 2024, in keeping with a trend that’s ...
Investing Archives - AgFunderNews
Dec 4, 2024 · Israel-based agrifoodtech startups have closed just 17 funding rounds since the start of the conflict. Raising some $161 million since October 7, 2023, the total is a 72% drop on the same period the year before, and some 73% fewer deals.
Agrifoodtech funding drops 12.5% YoY in H1 2024 - AgFunderNews
Jul 3, 2024 · Agrifoodtech startups have raised $7 billion across 427 deals so far in 2024, according to preliminary data from AgFunderNews’ parent company AgFunder.This is down in both dollar amount and deal count compared to H1 2023, which saw $8 billion across 934 deals.
Ag insights platform Gro Intelligence is closing down
May 31, 2024 · Ag insights platform Gro Intelligence is calling it quits after failing to secure enough capital to stay afloat following a turbulent few months, AgFunderNews understands. The firm, which secured some eleventh hour funding in March as it laid off 60% of its staff, informed remaining staff this week that it would be closing down, with a skeleton crew kept on to wind things down, say sources ...
One Acre Fund aims to safeguard farmers facing climate change
Jan 10, 2024 · Cyclone Freddy’s destruction in Malawi last year was a stark reminder that Africa’s smallholder farmers are a vulnerable lot.. The tropical cyclone’s impacts were devastating for farmers in a country that ranks among the poorest in the world. More than 2 million farmers lost their crops after Freddy destroyed 440,000 acres of land; over 1.4 million livestock were drowned, starved or lost ...
Agrifintech Agrolend banks $53m Series C - agfundernews.com
Oct 18, 2024 · Agribusiness finance platform Agrolend has raised a $53 million Series C round, bringing its total funding to nearly $100 million.; Impact investor Creation Investments and Syngenta Group Ventures led the round.; New investors Vivo Ventures, L4, and Japan’s Norinchukin Bank also participated alongside current ones including Valor Capital, Lightrock, Yara Growth Ventures, SP Ventures, and others.
Cultivated meat won't cross valley of death without public funds
Oct 8, 2024 · The nascent cultivated meat industry will struggle to survive unless there is a “massive infusion” of capital from governments that see strategic value in making ‘real’ meat without animals, delegates were told at the Future Food-Tech innovation summit in London last week.. While funding for many agrifoodtech segments has fallen sharply since early 2022 as generalists have fled the ...