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Agriculture AgTech Computer Farming North America Software

Food supply traceability startup iFoodDS nabs $15M

– iFoodDS, a Seattle, Washington-based provider of safety, traceability, and quality management data solutions for the fresh food supply chain, today announced the close of a $15 million series A funding round led by Insight Partners.
– iFoodDS CEO Scott Matthews says the capital will be used to support product development as well as market and category expansions.

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Agriculture AgTech Analytics Electric Vehicle Farming North America

Monarch Tractor Closes $20 Million Series A With Global Partners

– Monarch Tractor, the world’s first fully electric, driver-optional, smart tractor manufacturer, announced the closing of its $20 million Series A funding round.
– The investment round garnered global reach led by Musashi Seimitsu Industry Co., Ltd., a Japan-based global auto parts company, CNH Industrial, a worldwide leader in agricultural and on- and off-road industrial equipment, and VST Tillers Tractors Ltd., an Indian tractor and implement company.
– Monarch’s award-winning tractor has seen increased global demand since launching in December of 2020.

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Agriculture AgTech Asia Farming Fruit

Pure Harvest Smart Farms Secures US$60M in Growth Funding

– Pure Harvest Smart Farms from Abu Dhabi develops sustainable technology-enabled agribusiness.
– The company secured US$50m in growth-financing/ venture-debt.
– The growth financing was provided through an Islamic structured finance solution led by SHUAA Capital psc [DFM: SHUAA].

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AgTech Communities Emerging Markets Europe Farming Internet Machine Learning Peer to Peer SMS Social Entrepreneurship

Wefarm adds $11M to expand its network for independent farmers, now at 2.5M users

– Wefarm, a social networking platform aimed at independent farmers to help them meet each other, exchange ideas and get advice, and sell or trade equipment and supplies, has raised $11m funding.
– The funding is an extension to the company’s 2019 Series A, and is being led by Octopus Ventures.
True Ventures (which led the 2019 round), Rabo Frontier Ventures, LocalGlobe, June Fund and AgFunder also participated.
– Wefarm has raised $32m since being founded in 2015.
– To date, London-based Wefarm has primarily found traction in countries in East Africa.
– Its service is available via a website, but most of its users are accessing without any internet use at all, via the company’s SMS interface.

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Agriculture Biotechnology Farming North America

Vestaron Announces Series B-1 Financing

– Vestaron, a company dedicated to improving the safety, efficacy and sustainability of crop protection through its development of peptide-based biopesticides, announces $18 million in Series B-1 financing, led by Northpond Ventures.
– Northpond and additional new investor, Cavallo Ventures, the venture arm of Wilbur-Ellis, join continuing investors Novo Holdings, Syngenta Ventures, CGC Ventures and Anterra Capital in this round. Adam Wieschhaus, Director at Northpond Ventures, will join the Vestaron Board of Directors.

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