The Week in AgriFoodTech
Several companies in the AgriFoodTech sector have raised significant funding this week.
- Wild Bioscience, an Oxford University spinout, raised $60 million in a Series A round to develop climate-smart crops using AI to analyze plant genomes.
- Starship, a robot-maker known for food delivery, secured $50 million in fresh funding.
- Ascribe Bio, a crop protection platform, received $12 million to expand its operations.
The European Union also announced new grants for the agrifood sector, while EcoEnterprises closed its fourth Latam-focused fund in the US.
develop climate smart crops by using AI to “better understand the lessons learned over millions of years of evolution encoded in plant genomes.”
Author's summary: AgriFoodTech companies raise significant funds.