agtech

Cofounder Steven Dring says the start-up expects to reach its target 'pretty soon' and is working on building out a new cohort of hydroponic farms with partners.

A market source says family offices are likely to be the source for much of the capital raised for the St Louis-headquartered firm's AgriFood Fund II.

Agri Investor looks ahead to the topics that are likely to dominate the conversation in ag next year.

Perfect Day uses fermentation to create animal-free dairy products such as cheese and ice cream to overcome dietary and sustainability challenges.

The two investors have each committed A$8m to the first fund raised by Tenacious Ventures, billed as Australia’s first agtech-focused venture capital fund.

The California start-up’s product launch will be led by its fall armyworm pheromone, which has spread from the Americas to Asia and Africa.

The Ferment Fund will exclusively support companies that have been spun out from Ginkgo and will benefit from full access to the company’s platform for cell programming.

Chief scientist Yaakov Nahmias says the start-up’s methodology means it only takes 14 days to produce cultured chicken or beef, whether it is producing 1kg or 1 tonne of meat.

Head of venture capital at the Cibus Fund Alastair Cooper says the firm believes synthetic pheromones have the best chance of replacing traditional chemical insecticides.

MoA Technology is trying to discover a weedkilling approach that has a new ‘mode of action’ compared with every other chemical weedkiller on the market.