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Pontifax participates in $110m funding round in ninth deal from debut fund

Precision BioSciences will use the capital raised to extend its gene-editing technology from human therapeutics to the agri-food industry.

Food service robot nets $11m

Chowbotics’ founder Deepak Sekar tells Agri Investor why the US robot provider has focused on health and wellness over labor replacement.

Pontifax backs UK gene editing company in $10 million A round

Tropic Biosciences is developing decaffeinated coffee varieties and bananas with a longer shelf life using CRISPR gene editing technology that Pontifax managing partner Ben Belldegrun tells Agri Investor is drawing biotech investors into the market.

Blockchain start-up hopes to foster peer-to-peer lending between farmers

Australia-based BlockGrain says its technology could help growers earn additional revenue while helping others avoid costly bridge loans and overdrafts.

€120m AfricInvest venture fund to back agtech startups

The vehicle targets family offices, DFIs, corporates and foundations as it eyes a first close by the end of the year, VC chief Selma Ribica tells Agri Investor.

Exclusive: Inocucor to hit close on Series B days after debut acquisition

Cash provided by existing investors will be used to seal the ATP deal, which the biostimulant maker's CEO hopes marks the first of a series of strategic purchases.

Livestock tech fund hits €24m first close

Seventure Partners, a subsidiary of France's Natixis, had already closed a €160m microbiome-focused fund backed by corporate giants in 2015.

Satellite firm aims to bring the world’s most remote farmland online

Inmarsat is partnering with big agri to boost margins at institutional-scale properties in LatAm and Asia.

Indian farmers get boost from 2GW solar project

Dubbed the world's largest solar park, the $2.3bn Pavagada facility will lease land from struggling producers in an arid part of Karnataka state.

Macquarie gets A$100m from Australia’s Clean Energy Finance Corporation

The state-backed financier is investing in sustainability improvements across assets managed by the firm, with a new business created to help reduce energy consumption and carbon emissions.

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