New research published by technology incubator Idea2scale and Agri-FoodTech venture capital firm AgFunder has revealed that food and AgTech investors are most excited by startups in the Ag Biotechnology category
Crops
ADB to develop agriculture, improve food safety in Nepal
The Asian Development Bank (ADB) has approved a US$50mn policy-based loan to help support the Government of Nepal’s reforms to improve food safety measures, enhance agricultural trade standards, and promote agricultural commercialisation in the country
CNH Industrial acquires Australian implement manufacturer K-Line Ag
CNH Industrial NV has announced its agreement to acquire the Australian agricultural implement manufacturer K-Line Ag
Reverse osmosis set to help food processing sector
As water is an important part of the food manufacturing process and needs to be absolutely safe to be used for manufacturing purposes, reverse osmosis (RO) is set to eradicate pathogens, organic microorganisms, chemicals, TDS and suspended solids
Wefarm secures US$13mn in funding to scale smallholder agricultural ecosystem
Wefarm, the digital network for global small-scale agriculture, has raised US$13mn in a Series A financing round led by Silicon Valley venture capital firm True Ventures