NANALYZE: One of the big reasons were rooting for the future is that the worlds biggest tech fund, the SoftBank Vision Fund, planted $200 million in the biggest agtech funding round ever for San Francisco-based Plenty. That brought total funding for the three-year-old company up to $226 million.
The Merkle: Plenty Inc will utilize vertical farms to make it feasible to have large growing operations close to consumers. The farms themselves will be state of the art and capable of producing large amounts of food.
Raul Hernandez for Business Insider: Because of the many uncertainties involved in farming, outside investors are sometimes unwilling to take a long-term investment approach, making some farmers skeptical of working with outside investors.
Nikkei Asian Review: The business model would strip away the hurdles farmers currently face when trying to enter commercial solar power generation. They would be able to secure enough electricity for their own needs and have a surplus from which to gain an additional source of income.
Nina Sparling for Technical.ly Brooklyn: The Brooklyn landscape is going green - and not just on rooftop farms. Of late, the borough has seen an explosion of innovation about how to grow fresh, healthy food in the heart of the city.
It combines alternative fuels and advanced agricultural technology with readily available powertrain innovation from CNH Industrial sister brand FPT Industrial.
Jason Tatge for VentureBeat: Because its still early days in the realm of digital ag, theres a big risk that sellers are going to try to get farmers locked into their data systems and policies.
Analog Devices' Monitoring Initiative Aims to Improve Crop Quality and Yields and Boost Profitability of Local Farmers
The initiative instructs student farmers how to use Internet of Things and blockchain technologies to track the conditions and movement of produce from "Farm to Fork" to make decisions that improve quality, yields, and profitability.
Malek Murison for We Talk UAV: Luckily, a few farming pioneers have started using their drones to herd animals, including cattle and sheep, from one place to another.
Jon Russell for TechCrunch: The concept is actually quite straightforward. EM3 works with farmers who own equipment like tractors, harvesters and other mechanical implements by allowing them to 'rent out their assets to help pay off the purchase or generate additional revenue.
Alex Knapp for Forbes: But what attracts investors to this sector? And what should AgTech startups know about talking to potential investors?
Geoffrey Mohan for LA Times: Now, the $47-billion agriculture industry is trying to bring technological innovation up to warp speed before it runs out of low-wage immigrant workers.
Alex Knapp for Forbes: "Our machine, using machine vision and artificial intelligence, analyzes every single coffee cherry," said Jones. "And then we give the grade back to the farmer who produced it."
Barry Teater, NCBiotech Writer: "There is no place for high-quality ag tech companies to move into plug-and-play, turnkey R&D facilities coupled with greenhouses,"
Leading national organic culinary herb grower and marketer set to transform the distribution of highly perishable produce
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