Tag: #agritech19 results
Palantir secured a $300 million contract from the USDA to support the National Farm Security Action Plan and modernize services for American farmers. The company outperformed Salesforce and IBM, citing superior integration with existing USDA systems. This positions Palantir as the steward for farms' safety net and disaster programs.
New Zealand startup Halter raised $220 million to expand its AI-powered cow collars globally. The technology helps ranchers monitor and manage livestock more efficiently.
Halter, a startup developing AI-powered collars for cows, is in talks for a new funding round valuing it at over $2 billion, doubling its prior valuation. The round is backed by Thiel’s Founders Fund. This reflects surging investor interest in AI for agriculture.
AgroVision is a demo expert system designed for Nicaraguan farmers to simulate crop outcomes based on soil, terrain, and future climate projections. It leverages machine learning to process NASA climate data to help producers optimize planting cycles and input usage.
Chinese researchers used AI and multi-omics to identify the RGF gene, which enables crops to resist cold stress during flowering without energy waste. This breakthrough significantly reduces yield losses in staple crops like rice and tomatoes.
European VC funding was quieter this week (16-22 March), focusing on AI agents for physical industries, agritech automation, and the operator-to-VC pipeline. Rounds were smaller but featured more specific investment theses, signaling concentrated interests.
Alibaba Cloud released JVS Claw, a mobile product for one-click shrimp farming. It enables users to achieve full shrimp farming freedom in just 3 minutes via smartphone.
Shanghai's '15th Five-Year' plan aims to integrate academic research with agricultural enterprises. The initiative focuses on AI-driven agricultural applications and the cultivation of biotech and smart farming startups.
The article explores the potential for Chinese farmers to export advanced agricultural practices, such as drip irrigation and greenhouse management, to Kenya to improve yield and market stability.
Farmers are increasingly adopting AI-driven technologies to automate labor-intensive tasks. Innovations like cow-milking robots and weed-zapping lasers are transforming traditional farming operations.