AgTech
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Prospera raises $7 million to put computer vision and AI to work on the farm
A Tel Aviv-based startup called Propsera has raised $7 million in new venture funding to build out systems that will monitor and help farmers improve the health of their crops, and optimize their operations. Bessemer Venture Partners led the Series A round. Prospera CEO and co-founder Daniel Koppel said agriculture professionals have plenty of tech at their disposal today from soil and… Read More
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Arable’s crop and weather sensor, Pulsepod, aims to make farming predictable
A Princeton, New Jersey startup called Arable Labs Inc. recently unveiled a professional-grade crop and weather sensor that’s solar powered, rugged and was designed by Fred Bould, the creative talent behind the Nest thermostat, smoke and carbon monoxide detector, as well as Fitbit, GoPro and Roku products. The Pulsepod, which looks something like the head of a small drum or a… Read More
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The land grab for farm data
Farmers are adopting smart-sensor technologies and connected farm equipment more quickly than ever, stretching each season to eke out greater yield from finite acreage. This rise in so-called precision agriculture has precipitated a massive influx in unstructured “bushels to bytes” farm data, creating new opportunities for an industry that has previously operated solely in the… Read More
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Willow Hill Ventures will fund and connect agriculture tech startups with farmers
International Farming Corp. and Finistere Ventures have agreed to partner under the moniker Willow Hill Ventures to invest in growth-stage agricultural tech startups.
International Farming Corp. owns and manages land that it, essentially, leases out to commercial farmers, helping them maximize the land’s yield and profitability. Finistere Ventures invests in early-stage tech companies… Read More
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Bosch, Flextronics back CropX to help farmers grow more food without wasting water
A Tel Aviv startup that wants to help farmers produce more food with fewer resources, CropX, has attracted sensor manufacturers Robert Bosch and Flextronics International as strategic backers. Specifically, Robert Bosch Venture Capital GmbH and accelerator Flex Lab IX added $1 million in venture funding to the Series A round for CropX, which now totals $10 million. CropX makes soil sensors… Read More
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Indigo Is Mapping Plant Microbiomes To Produce Next Generation Crops
David Perry thinks the secret to agricultural challenges like drought resistance might lie in the bacteria that live in a bunch of grass on the beach. That’s just one example that Indigo, a company that analyzes the microbiomes of plants to produce seed coatings that impart various attributes, is looking into as a way to combat difficult conditions for various crops. Indigo is… Read More
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Necessity Is Driving Agricultural Innovation Indoors
According to the United Nations, the earth will house an estimated 9.7 billion people by 2050. Consequently, more food will need to be produced over the next four decades than has been produced over the last 10,000 years. And with more than 99.7 percent of global food coming from land, and most of the arable land already accounted for, increasing yields per surface area is essential. Read More
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Advice For Higher-Yielding Agriculture Startups
With interest and investment in food and agriculture startups reaching record levels, new entrepreneurs are entering this important sector, bringing fresh ideas and perspectives on how best to feed the world. While numerous opportunities exist to make a difference in this space, I’ve noticed some common pitfalls for new entrants. Read More
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The State Of Agtech
Since the beginning of modern agriculture, farmers and entrepreneurs alike have been sharpening their focus and looking at ways to apply technology to compensate for the mercurial behavior of Mother Nature and the vagaries of food prices and government policies. Now, in the second millennium, we are challenged in new ways to increase productivity while minimizing inputs, managing costs and… Read More
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The Next Food Frontier: How AgTech Can Save The World
As investors, our job is to find the visionaries that dream up the future and partner with them to help make that dream a reality. In agriculture, with the latest advancements in technology, we half imagined small harvesting robots, skyscraper vertical farms in every city and sensor-studded fields overseen by drones. Read More
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