Agritech news and trends

ProducePay Adds Virtual Storefronts to Global Produce Industry Marketplace
eCommerce // January 31, 2023

ProducePay has added a virtual storefront feature to its marketplace for the global produce industry. With the new Storefront, growers can create a personalized online destination through which they can market directly to global buyers, ProducePay said in a Tuesday (Jan. 31) press release. “The...

Local Investors Drive Resilience of Africa’s Burgeoning Startup Scene
Startups // January 26, 2023

Total funding invested into African tech startups hit $6.5 billion in 2022. That’s according to a report published by venture capital (VC) firm Partech this week, which also showed that African firms largely escaped the global VC funding drought in 2022, with startup investment —...

Walmart-Backed Indian Startup Ninjacart Launches Import-Export Platform for GCC
International // September 19, 2022

Ninjacart, an Indian AgriTech startup backed by Walmart and Tiger Global, has expanded by launching the Ninja Global platform for agricultural import-export businesses in the United Arab Emirates and Gulf Corporation Council (GCC) countries. The goal of the platform is to bolster the import-export market...

AgriTech Market Vegrow Raises $25M for Expansion
B2B Payments // July 11, 2022

Vegrow, a B2B AgriTech fruit marketplace based in Bengaluru, India, has raised $25 million in a Series B funding round. As the Economic Times reported Monday (July 11), the round was led by Prosus Ventures, with participation by existing investors Matrix Partners India, Elevation Capital,...

Interviews & Exclusives
MENA’s AgriTech Revolution Captures VC Attention and Dollars

May 04, 2023
Total investment raised by startups in the Middle East and North Africa region (MENA) and broader Gulf Cooperation Council (GCC) area crossed the $3 billion mark in 2022 as investors injected more money into promising startups despite the global slowdown. “We’re really seeing an upward trend in terms of the amount of funding that takes […]

Local Investors Drive Resilience of Africa’s Burgeoning Startup Scene

January 26, 2023
Total funding invested into African tech startups hit $6.5 billion in 2022. That’s according to a report published by venture capital (VC) firm Partech this week, which also showed that...

Quick Reads
ProducePay Adds Virtual Storefronts to Global Produce Industry Marketplace

January 31, 2023
ProducePay has added a virtual storefront feature to its marketplace for the global produce industry. With the new Storefront, growers can create a personalized online destination through which they can market directly to global buyers, ProducePay said in a Tuesday (Jan. 31) press release. “The introduction of this new feature allows growers to market directly […]

Walmart-Backed Indian Startup Ninjacart Launches Import-Export Platform for GCC

September 19, 2022
Ninjacart, an Indian AgriTech startup backed by Walmart and Tiger Global, has expanded by launching the Ninja Global platform for agricultural import-export businesses in the United Arab Emirates and Gulf...

AgriTech Better Origin Raises $16M for AI-Powered Sustainable Farms

April 07, 2022
Better Origin, the AgriTech startup that uses artificial intelligence-powered insect farms to repair the broken food chain, has raised $16 million to help return the chain to its sustainable roots,...

VC Interest In Food Delivery And AgriTech Declines

February 25, 2020
Investment in food technology and agriculture services around the world dropped almost 5 percent in 2019, showing that investment firms are paying less attention to the sector amid a pullback,...