Regulatory shifts and competitive spirit: drivers of market disruption
From plastics and packaging to the competitive spirit of startup funding, this weekly roundup explores the headlines in disruptive technology and industrial transformation.
Agtech Startup
Startup profile: Fuselage Innovations
Fuselage Innovations produces agricultural drones that help farmers to increase their yields while using their resources more efficiently.
Startup profile: Andes
Andes uses beneficial microorganisms to remove carbon dioxide from the atmosphere and convert it into minerals in the soil.
Agreena raises €46m for regenerative farming
Climate and fintech company Agreena, which operates one of the world’s largest soil carbon platforms, today announced its Series B raise of €46 million, to support the expansion of its global carbon farming initiatives, as well as new fintech solutions.
Startup profile: Climate Spheres UK
Cardiff-based Climate Spheres UK (CSUK) was founded in 2021 by Kevin Holtzclaw and Jane Gardner. With its science-based approach, the company hopes to help UK farmers in overcoming the challenges of climate change.
Startup profile: BloomX
BloomX, previously known as Bumblebee AI, was founded in 2019 by Thai Sade, Avi Keren and Ido Senesh. Based in Ripshon, just North of Tel Aviv, the startup has developed a technological approach to pollination that does not rely on declining insect species.
Source.ag snaps up $23m to boost greenhouse agriculture with AI
Source.ag, an artificial intelligence (AI) provider for greenhouse growers, has closed $23 million in its Series A round.
Startup profile: AgriSound
AgriSound combines acoustic monitoring with environmental sensors to better understand the factors causing bee and insect population decline.
Insect tech startup Entocycle secures $5m for black soldier fly farms
Entocycle, a UK-based startup providing services to the insect farming industry, has raised $5 million in a Series A funding round.
USDA adds $325m to climate-smart commodities programme
The US Department of Agriculture (USDA) has announced an additional $325 million to fund its Partnership for Climate-Smart Commodities programme, which will finance 141 projects for underserved communities and focused on agriculture, farming and forestry activities.