AgriTech Investors Roundtable: According to the latest report, for 2016, over $3.23 Bn was invested in agriculture sector worldwide. Of this, 53 Indian agritech startups raised $313 Mn.
AgWeb.com: An influx of investors is bringing more money to seed-stage AgTech startups. And while that is an incredible thing for the industry at large, it certainly comes with its own set of challenges.
We realize that were only at the beginning of the Bowery journey and we couldnt have asked for a better group of investors to help us grow in this next stage.
Richard Wilson for Electronics Weekly: Technologies such as IoT can be used to address the need for sustainable food production to support the current rate of population growth, according to IoT analyst firm Beecham Research.
Catie Noyes for Farm and Dairy: Precision agriculture and agricultural technology have come a long way in the past five to 10 years.
Precision agriculture isn't just rhetoric; it's real-time intelligence flowing into analytics software that transforms that flow into meaningful, practical information that farm managers can react to quickly. That data -- and that process -- have costs and, for the last few years, farmers have been stretched because commodity prices are down.
Melissa Fares for Reuters: For 12 months, farmers each get a 320-square-foot steel shipping container where they control the climate of their own farm. Under pink LED lights, they grow GMO-free greens all year round.
Bryan Thompson for Harvest Public Media: Agriculture today is a high-tech business, but as that technology has developed, so has the temptation to take short cuts and to steal trade secrets that could unlock huge profits.
Hoosier Ag Today: A new poll finds 21 percent of farmers plan to operate a drone this year. The poll found 21 percent of farmers will operate the drone themselves, while another 12 percent of farmers indicated they would opt for a third-party entity to fly drones.
Spread , a vegetable producer, said industrialÂ robotsÂ would carry out all but one of the tasks needed to grow the tens of thousands of lettuces it produces each day at its vast indoor farm in Kameoka, Kyoto prefecture, starting from mid-2017. The robots will do everything from re-planting young seedlings to watering, trimming and harvesting crops. The innovation will boost production from 21,000 lettuces a day to 50,000 a day, the firm said, adding that it planned to raise that figure to half a million lettuces daily within five years. "The seeds will still be planted by humans, but every other step, from the transplanting of young seedlings to larger spaces as they grow to harvesting the lettuces, will be done automatically," said JJ Price, Spreads global marketing manager. The new farm - an extension of its existing Kameoka farm - will improve efficiency and reduce labour costs by about half. The use of LED lighting means energy costs will be slashed by almost a third, and about 98% of the water needed to grow the crops will be recycled. The farm, measuring about 4,400 sq metres, will have floor-to-ceiling shelves where the produce is grown... ( cont'd )
Although farming has become mechanized, the evolution of agricultural techniques to include unmanned robots provides a unique opportunity.
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