The Week in AgriFoodTech
Several companies in the AgriFoodTech sector have raised significant funding this week.
- Wild Bioscience, an Oxford University spinout, raised $60 million in a Series A round to develop climate-smart crops using AI to analyze plant genomes.
- Starship, a robot-maker, secured $50 million in fresh funding, while Ascribe Bio picked up $12 million to expand its crop protection platform.
“better understand the lessons learned over millions of years of evolution encoded in plant genomes”
The European Union also announced new grants for the agrifood sector, and EcoEnterprises closed its fourth Latam-focused fund.
Author's summary: AgriFoodTech companies raise funds for innovation.