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