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Almanac Acquires Gro Intelligence’s Assets to Strengthen AI-Driven Agricultural Insights
Key Takeaways: Strategic Acquisition: Almanac has acquired the intellectual property and assets of Gro Intelligence, a former leader in global agricultural data analytics. Enhanced Capabilities: The acquisition bolsters Almanac’s platform with AI-powered tools and extends its reach into new areas, including agricultural insurance, lending, trading, and CPG procurement. AI-Driven Insights: Gro…
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BiocSol Secures €5.2M Seed Funding, Targeting €10M In Funding By Year-End
Key Takeaways: Successful Seed Round: BiocSol has raised €5.2 million ($5.6 million) in equity during its initial seed funding round. Expanding Operations: Funds will support team expansion, R&D pipeline growth, regulatory processes for biofungicides, and increased production capacity. Leading Investors: Agri Investment Fund and VIVES IUF led the round, with additional support from Belgian…
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ISA Publishes Position Paper on Advancing Precision Agriculture Through Automation
Key Takeaways: New Position Paper: The International Society of Automation (ISA) has published “Advancing Precision Agriculture Through Control System Technologies”, emphasizing the critical role of industrial control systems (ICS) in advancing precision agriculture. Focus on Standardization: The paper highlights the challenges of interoperability and data compatibility caused by the rapid…
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Verizon Business Secures $21M Agreement with USDA to Enhance Connectivity
Key Takeaways: New Partnership: Verizon Business has secured a $21 million agreement with the United States Department of Agriculture (USDA) for the first year of a new connectivity program. Comprehensive Services: The agreement includes wireless services, service-enabled devices, and potential mobile broadband (MBB) solutions for USDA’s connected laptops. Operational Impact: The partnership…
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Meristem Crop Performance Partners With Merschman Seeds to Deliver Advanced Biologicals to Farmers
Key Takeaways: New Partnership: Merschman Seeds has signed a dealer agreement with Meristem Crop Performance, expanding its portfolio to include Meristem’s biologicals, plant growth regulators, micronutrients, adjuvants, and nitrogen inhibitors. Innovative Delivery Systems: Meristem’s patented BIO-CAPSULE™ Technology ensures microbes remain viable until deployment, enhancing root mass, plant…
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Cascadia Seaweed Bags CAD$4M in Series A to Scale Seaweed-Based Agricultural Solutions
Key Takeaways: Funding Milestone: Cascadia Seaweed has closed the first CAD$4 million of its Series A funding round, with contributions from WWF Impact, Vere Ventures, and others. Scaling Operations: The funds will support the construction of a commercial-scale seaweed biorefinery, increased biomass production, and expanded sales and marketing efforts. Sustainable Agriculture: Cascadia…
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FarmQA Launches New Fertility Management Feature
Key Takeaways: New Feature Launch: FarmQA has introduced its new Fertility functionality, empowering agronomists and crop consultants to develop and optimize fertility strategies with precision. Event Announcement: The feature was unveiled at FarmQA Day 2024, the company’s annual customer conference in Fargo, ND. Core Capabilities: The Fertility feature includes tools for tracking nutrients,…
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Emergent Connext Appoints Andrew J. Weber to Advisory Board
Key Takeaways: New Advisory Board Member: Emergent Connext has appointed Andrew J. Weber, former CEO of Farm Journal, Inc., to its Advisory Board. Extensive Expertise: Weber brings over two decades of leadership in agricultural business innovation, media, and sustainability. Strategic Alignment: Weber’s experience with regenerative agriculture and rural development complements Emergent’s mission…
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Bill Gates & The UAE Unveil New Agriculture Innovation
Key Takeaways: Global Partnership Milestone: Bill Gates visited the UAE to review progress on a $200 million joint investment by the UAE and the Gates Foundation in agricultural innovation announced at COP28. Focus on AI and Climate Solutions: The initiative supports projects addressing climate-related challenges in agriculture through AI and advanced technologies. Innovative Projects…
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Bayer Expands Regenerative Agriculture Program with “Project Enhanced S3”
Key Takeaways: Enhanced Focus: Bayer is expanding its regenerative agriculture programs with Project Enhanced S3, offering businesses tools to quantify and report on Scope 3 emissions reductions and co-benefits. Co-Benefits Emphasis: The project includes data on soil health, efficient water usage, biodiversity improvements, and farmer economic support. Advanced Technology: Tools like ForGround…
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Kiss the Ground Announces $500K Farmer Grant Program
Key Takeaways: Major Grant Initiative: Kiss the Ground has launched its largest program to date, awarding $500,000 in direct-to-farmer grants to support regenerative agriculture. Comprehensive Farmer Offerings: The initiative includes financial support for training and equipment and expanded storytelling efforts to amplify farmers’ voices. Storytelling Focus: New video series such as “5 with a…
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ofi Highlights AI-Powered Beehives and Cashew Farmer Empowerment in 2023 Sustainability Report
Key Takeaways: AI-Powered Innovation: ofi deployed BeeHome™ technology to protect over 650,000 bees in California, addressing significant pollinator colony losses. Global Impact: Notable initiatives include regenerative agriculture trials in California, advanced farming training for 7,000 hazelnut farmers in Turkey, and premium payments to cashew farmers in Africa and Asia doubling to $2…
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Protein Industries Canada Launches $5.4M AI-Powered Agri-Food Value Chain Project
Key Takeaways: Innovative Collaboration: Protein Industries Canada, Croptimistic Technology, TheoryMesh, and C-Merak Innovations have partnered to integrate artificial intelligence (AI) technologies into the agri-food value chain. Transformative Goals: The project aims to enhance food production efficiency, improve quality, and meet sustainability objectives by collecting and utilizing…
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OceanWell Secures $11M Series A Funding to Launch Modular Deep-Sea Water Farms
Key Takeaways: Funding Secured: OceanWell raised $11 million in Series A funding to scale its modular deep-sea water farm technology. Innovative Water Solution: The company’s pods use natural hydrostatic pressure at 400-meter depths for energy-efficient reverse osmosis desalination, producing up to 1 million gallons of potable water daily. Pilot Launch: OceanWell’s first water farm pilot will…
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Oishii Latest News: Extends Its Series B To $150M
Key Takeaways: Robust Investment: Oishii raised $150 million in its Series B round, adding new investors Resilience Reserve and Miyako Capital alongside existing backers, including NTT, Mizuho Bank, and Yaskawa Electric Corporation. Innovative Agricultural Solutions: Known for premium, pesticide-free strawberries and cherry tomatoes grown in indoor farms, Oishii incorporates Japanese…
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Verdi Launches Affordable Multi-Depth Soil Moisture Kit for Precision Irrigation
Key Takeaways: Innovative Product: Verdi’s new Multi-Depth Soil Moisture Kit simplifies and reduces the cost of soil moisture monitoring by 80%. Affordable Precision: Designed for farms of all sizes, the kit eliminates high costs and complexity traditionally associated with soil monitoring. Real-Time Data: Farmers can monitor soil moisture, set custom alerts, and make informed irrigation…
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EcoPhage Partners with Maian Ltda to Launch GoldenEco in Brazil
Key Takeaways: Strategic Partnership: EcoPhage has signed a distribution agreement with Maian Ltda to bring GoldenEco, its bacteriophage-based bactericide, to the Brazilian market. Innovative Solution: GoldenEco targets bacterial diseases in tomatoes and peppers, reducing the need for copper and antibiotics with a natural, residue-free approach. Proven Technology: Developed in collaboration with…
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