Sunday, 1 February 2015

Global Agri Round-up - Jan'15 !

1. The precision agriculture market is set to reach a target of $6bn by 2022 with a growth rate of 17% in U.S.

2. The Andersons an established U.S player has launched Maumee Ventures to invest into emerging agriculture technologies.

3. FarmLogs, the mobile application agtech firm raised $10 million in Series B round from new and existing investors.

4. A lack of good quality information about agriculture commodities prices and weather is holding back development for many of Africa’s farmers – and creates an opportunity for information service providers.

5. Aqua Spark, the open-ended sustainable aquaculture fund has invested $4m into a US biotech company and a tilapia producer in Mozambique.

6. The Uruguayan timber group recently raised $70m for its second domestic timber investment trust, Bosques del Uruguay II.

7. Speaking at the Global Forum for Food and Agriculture in Berlin, FAO’s director-general called for a widespread transition into sustainable farming globally.

8. GrowLife, the hydroponic equipment seller, has sold a minority stake to ex-CEO Sterling Scott. The company is likely to need additional funding for expansion soon.

9. Gotham Greens raised $10million in the Series B capital to expand the construction of its greenhouse projects into new cities.

10. A recent data report from PricewaterhouseCoopers and the National Venture Capital Association puts venture capital investment into agriculture at $175m in 2014.

11. The Swedish packaging industry is growing 1% faster than GDP, according to packaging organization, packbridge.

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