The Week in AgriFoodTech
This week, several companies in the AgriFoodTech sector raised significant funding. Wild Bioscience, an Oxford University spinout, raised $60 million in a Series A round to develop climate-smart crops using AI.
- Wild Bioscience: $60 million Series A round
- Starship: $50 million in fresh funding
- Ascribe Bio: $12 million to expand its crop protection platform
Wild Bioscience aims to “better understand the lessons learned over millions of years of evolution encoded in plant genomes” using AI.
The European Union also announced new grants for the agrifood sector, while EcoEnterprises closed its fourth Latam-focused fund.
Author's summary: AgriFoodTech companies raise significant funding.