The third edition of the UAE FoodTech Challenge concluded at Abu Dhabi Sustainability Week with the announcement of four winning startups recognized for their agri-food technology innovations.
Mission Produce has entered into a definitive agreement to acquire Calavo Growers in a cash-and-stock deal valuing Calavo at approximately $430 million.
IHC has signed a strategic framework agreement with the U.S. International Development Finance Corporation (DFC).
U.S. farmland values remain historically high but are stabilizing, with pricing increasingly driven by local and regional factors rather than national trends according to Farmers National Company.
Ammobia has raised $7.5 million in seed funding to advance its modular “Haber-Bosch 2.0” ammonia production technology.
Thombar, a newly launched financial technology company, announced the public availability of its banking platform designed exclusively for U.S. specialty crop growers.
Silal has signed an MoU with the Abu Dhabi Department of Energy to advance sustainable energy and water management in agriculture.
GrazeMate, a startup developing autonomous livestock management technology, announced that it has raised $1.2 million in a funding round led by Y Combinator.
Phytoform Labs was selected to join the Seed2Grow agtech incubator operated by the N.C. PSI at North Carolina State University.
Thunderstruck Ag, a global provider of farmer-driven equipment solutions, announced the addition of the Rezidue Reaper by Sharp Harvest to its growing portfolio of agricultural tools.