Top 10 AgTech Capital Raises in the U.S. – October 16th-31st, 2024
Several interesting transactions closed in the AgTech sector over the past two weeks. If you would like more info on these deals or would like to discuss the capital raising market for your company, please contact me.
PE Growth/Expansion
- Meristem Crop Performance, provider of crop input technology intended to enhance agricultural productivity, received a development capital from Bridgepoint Group.
Later Stage VC
- Carbon Robotics, developer of a robotics technology designed to support weed elimination with advanced farming methods, raised $70 million through a combination of Series D and Series D-1 venture funding in a deal led by BOND Capital.
- Growers Edge, developer of an agricultural fintech platform designed to manage the financial risks associated with crop production, raised $10 million of venture funding.
- MyLand, operator of a soil health company intended to infuse life into soil and help return the farm to its most fertile state, raised $10 million of venture funding.
- Sironix Renewables, developer of plant-based ingredients designed for eco-friendly cleaning and personal care products, raised $3.00 million of Series A venture funding.
- Wyvern, operator of a space company intended to capture high-resolution images across many spectral bands, raised $6 million of venture funding in a deal led by Squadra Ventures.
Early Stage VC
- Agtonomy, developer of a hybrid autonomy and tele-assist platform intended to address the labor crisis gripping local farm and land maintenance operations, raised $32.8 million of Series A venture funding in a deal led by Autotech Ventures and Momenta Ventures.
- Amos Power, developer of fully autonomous electric tractors designed to reduce the farming burden on farmers, raised $1.13 million of venture funding.
Angel, Seed, and Grant
- Aigen, developer of a small edge-based robot designed to address both the planetary and chronic human health crises, joined Unreasonable Impact as a part of its Americas programme.
- Viable Gear, manufacturer of seaweed-based plastic alternatives intended for fishing, aquaculture, and agriculture use, raised $30,000 of angel funding in the form of SAFE notes.
#castleplacement #capitalraising #privateequity #venturecapital #investment #agriculture
#agtech #agriculturetechnology
Karen Witt
Managing Director
20 years of experience in financial services including all facets of lending and portfolio management. Advised companies on mergers and acquisitions, market expansion, product launch and process improvement. Industry experience includes banking/fintech/payments, construction/real estate development, energy, manufacturing, agriculture, and software development. BA (Business) and MBA from Anderson School of Management, University of New Mexico. FINRA Series 7 and 63 licenses
- Email: kwitt@castleplacement.com
- (C) (406) 471-8088
Karen Witt
Managing Director
Please contact me if you have any questions or would like to discuss your capital raise:
Email: kwitt@castleplacement.com
(C) (406) 471-8088
Sources: Information on this page was derived from a variety of sources including Bloomberg, Company Websites, Crunchbase, PitchBook and other news outlets. Castle Placement™ does not warrant or guarantee this information, nor makes any representations as to the accuracy of the information. For more Risks, see CPGO Risks and Disclaimers.
