Weekly Roundup: Latest Agri-Tech Funding, M&A, and Innovations

This week in the world of agriculture technology, several companies have secured significant funding, while others have announced partnerships and breakthrough innovations. Let’s take a closer look at the latest developments:

Startup Funding

🇺🇸 Liberation Labs closed a $50.5 million convertible note to support the completion of a new plant.

🇺🇸 Bonsai Robotics secured $15 million in Series A funding to advance its agricultural AI solutions.

🇩🇪 German climate data startup OCELL nabbed $10.4 million in funding.

🇮🇱 Pluri secured a $6.5 million investment to acquire 71% of alt-cocoa producer Kokomodo.

M&A, IPOs & Partnerships

🇮🇱 Pluri secured a $6.5 million investment to buy 71% of Kokomodo.

🇺🇸 Microsoft inked a deal with Chestnut Carbon to kick off a 100-year-long carbon removal project.

🇫🇷 Isagri acquired Sencrop to become the EU’s number one in agro-meteorology.

Funds, Grants & Accelerators

🇺🇸 Manulife closed a $480 million Forest Climate Fund to drive sustainable forestry investments.

🇨🇦 Nova Scotia invested $730,000 in a precision fermentation plant on Cape Breton Island.

People Moves

🇫🇮 Rami Jokela has been appointed CEO of Solar Foods as the company targets global markets.

🇺🇸 Kerry Group North America has appointed a new president and CEO.

🇺🇸 CropX welcomed Spencer Swayze to its board of directors.

Other News

🇺🇸 Heritable Agriculture, a Google spinout, is bringing AI to crop breeding.

🇫🇷 Insect ag pioneer Ÿnsect is exploring all possible options, including a third-party takeover.

🇺🇸 Luxury vegan silk brand niLuu has launched in Saudi Arabia & Qatar.

Stay tuned for more updates on the latest developments in the agriculture technology sector.