Key Takeaways
- Funding Highlights: Major investments in Kilter, Hort Innovation, and Conexus Credit Union are advancing AgTech solutions.
- Strategic Partnerships: Collaborations, such as Solis Agrosciences' acquisition of Ferris Genomics, highlight innovation and expansion.
- Product Innovations: New launches from Conduit, Farmers Edge, and Lallemand Plant Care are driving industry efficiency.
- Global AgTech News: Initiatives from Agri-TechE, Amoéba, and Laudando & Associates showcase global innovation.
- Upcoming Events: Key conferences like Indoor Ag Con 2025 and World Agri-Tech Middle East 2024 are on the horizon.
Harnois Greenhouses is revolutionizing sustainable agriculture with the Vermax glass greenhouse. Learn how this innovation is paving the way for net-zero farming.
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Funding & Investments
Kilter Raises $8.6M to Scale Precision Weeding
- Details: Norwegian AgTech company Kilter secures Series A funding.
- Goal: Expand globally and develop AX-1, an autonomous weeding robot that reduces herbicide use by 95%.
Hort Innovation’s $60M Venture Fund
- Purpose: Support sustainability, productivity, and workforce development through a partnership with Artesian.
Conexus Credit Union’s $100M Ag Grow Fund
- Impact: Offers agricultural producers funding for eligible investments, with no application fees and discounted interest rates.
Strategic Partnerships
Solis Agrosciences Expands with Ferris Genomics
- Objective: Enhance breeding programs and agricultural innovation through advanced genomics.
Veea’s Climate Smart Agriculture Initiative
- Outcome: Improved yields and resource efficiency at Cyr Farm using Veea’s Edge Platform.
LatConnect60 Partners with Spire Global
- Focus: Actionable soil moisture data to support crop health and environmental sustainability.
AgTech Innovations
Conduit’s E-Commerce Platform
- Innovation: Provides loans at 0% interest and reduces supply chain inefficiencies for farmers.
Farmers Edge’s Managed Technology Services
- Benefit: Reduces AgTech operational costs by 30-50% with integrated AI tools.
Lallemand Plant Care’s LALRISE® SHINE DS
- Application: Improves nutrient uptake and root mass growth for corn and beans.
Global AgTech Highlights
Agri-TechE’s Strategy Renewal
- Focus: Addressing challenges in scaling solutions and regulatory gaps while promoting advanced technologies.
Amoéba’s Biofungicide Success
- Result: AXPERA biofungicide trials reduced downy mildew by 57.7% in French vineyards.
Upcoming Events
World Agri-Tech Middle East 2024
- Location: Dubai.
- Focus: Emerging AgTech trends and innovation.
Indoor Ag Con 2025
- Location: Las Vegas, USA.
- Focus: Networking and advancements in controlled-environment agriculture.
Read the entire newsletter here.
