GrowDirector, Gooddrop, Oyster Agribusiness, SugaROx, ERGO Bioscience, Food Tech Valley, Badia Farms, MyEasyFarm, MyCarbon, Treehouse California Almonds, Sitos Group, Ohalo, Rainbow Bio, Bühler, KIND Snacks, BeeWise, LandScan, UC Davis, Regenified- This Week in AgTech

Anna: 00:00

Welcome to another episode of AgTech Digest, your go-to source for the latest in agricultural technology. In today's episode, we're diving into the latest developments shaping the future of agriculture. We'll explore innovative greenhouse solutions transforming berry production, examine significant funding rounds supporting AI and indoor farming initiatives, and look at groundbreaking industry collaborations. We'll also cover new product launches in soil health and almond cultivation, plus the latest consumer trends in regenerative agriculture. There's a lot to cover, so let's get started.

Anna: 00:37

Harnois Greenhouses offers a variety of greenhouse solutions for berry production, providing benefits like extended growing seasons, enhanced crop protection, and higher yields compared to traditional open-field farming. From the economical TunnelPro Plus to the advanced Luminosa greenhouses, Harnois caters to different grower needs and budgets. Supported by agronomists and equipment experts, their turnkey solutions ensure each system is tailored to growers’ specific requirements. As technology progresses, greenhouse-grown berries will continue to support sustainable, year-round farming practices.

Anna: 01:14

Let’s dive into the latest funding and investment highlights in the agricultural technology space. Several AgTech companies have recently secured significant funding to advance their innovative solutions in agriculture. GrowDirector has raised $1 million in seed funding to develop their AI Agronomist tool, which aims to provide plant diagnostics and treatment recommendations. This technology addresses key challenges in horticulture, particularly regarding labor shortages and operational costs. UK-based startup Gooddrop has secured 1 million pounds to pioneer a groundbreaking approach to cotton farming. Their vertical farming system promises to reduce water consumption by 95% while eliminating the need for pesticides in cotton production, marking a significant step toward sustainable textile agriculture. In Ghana, Oyster Agribusiness has received $2 million from investors, including Root Capital. The funding will support the expansion of climate-smart agricultural practices, contributing to food security and creating fair opportunities for smallholder farmers in the region. SugaROx, another UK-based company, has obtained funding from Innovate UK to advance their research on T6P biostimulant applications. Their work focuses on optimizing wheat yields under various growing conditions, addressing food security concerns. Lastly, ERGO Bioscience, an Argentinian biotech startup, has gained investment support from the Global Agri-Food Advancement Partnership. This funding will enable them to establish operations in Saskatoon, where they'll develop precision fermentation technology for producing sustainable, plant-based proteins.

Anna: 02:52

In the AgTech sector, innovative partnerships are paving the way for sustainable farming advancements. In the UAE, Food Tech Valley has partnered with Badia Farms, a hydroponic grower backed by Gulf Islamic Investments, in a 27-year agreement to cultivate fruits and vegetables on a 236,000 square-foot plot. This collaboration supports the UAE’s food security goals by employing water-efficient hybrid farming methods to increase local food production while reducing environmental impact. In Brazil, MyEasyFarm, a regenerative agriculture and carbon farming solutions provider and MyCarbon, a subsidiary of Minerva Foods, are working together to implement a Measurement, Reporting, and Verification tool for carbon credits across 40,000 hectares in the Cerrado region. This partnership promotes regenerative agriculture practices, aiming to improve biodiversity, soil health, and food security through carbon credit validation, in alignment with sustainability goals. Finally, Treehouse California Almonds and Sitos Group are collaborating on a $9 million biochar production facility in Delano, California. This facility will convert almond shells into biochar, contributing to sustainable agriculture by improving soil quality, generating clean electricity, and serving as an educational resource on biochar’s climate benefits.

Anna: 04:15

Several exciting new products and projects are reshaping the agricultural landscape. The WHEATWATCHER project, led by Ghent University and supported by a consortium of European partners, has launched an ambitious initiative to enhance soil health and food traceability across Europe. The project will implement real-time soil monitoring systems on farms in Greece, Poland, Germany, and Belgium, working directly with farmers, policymakers, and researchers to promote sustainable agricultural practices. In the almond industry, Ohalo has introduced FruitionOne, a groundbreaking self-fertile Nonpareil almond variety that eliminates the need for pollenizer trees. This innovation promises to streamline almond production while reducing pollination costs and addressing water sustainability challenges, offering growers a more economical and environmentally conscious option for their orchards. Rainbow Bio, a new subsidiary of Rainbow Agro, has emerged with a focus on biological solutions for crop protection. Their work targets critical challenges like drought, pest pressure, and nutrient management in crops such as corn and soybeans, with a particular focus on South and Central America and the Asia-Pacific regions. In Switzerland, Bühler has unveiled a state-of-the-art Grain Innovation Center in Uzwil, spanning 2,000 square meters. This facility enables customers in the food and animal nutrition industries to test new technologies for improved product quality and efficiency. The center also serves as a hub for training and skill development in grain technology, emphasizing sustainable practices and resource efficiency.

Anna: 05:53

In this week’s interview, KIND Snacks shares insights into their Almond Acres Initiative, a commitment to sourcing 100% of almonds from regenerative farms by 2030. Partnering with BeeWise, LandScan, and UC Davis, KIND aims to transform almond farming with a focus on sustainability, using AgTech innovations and eco-friendly practices. This initiative targets reduced water usage, improved soil health, and enhanced support for bee populations. KIND utilizes advanced methods, including subsurface irrigation, dendrometers, and remote beekeeping, to optimize resources, strengthen environmental resilience, and ensure consistent crop yields.

Anna: 06:36

The latest Regenerative Ag Report by Regenified, surveys 850 U.S. consumers, including Values Based Shoppers and those from the Emerging Regenerative Market segment. The 2024 report highlights consumer awareness, interest, and purchasing intent for regenerative agriculture products. Its purpose is to benchmark trends in regenerative agriculture, revealing a strong consumer interest in certified regenerative products, particularly for their health and environmental benefits. The report emphasizes opportunities for brands to meet this demand by expanding product availability, enhancing consumer education, and ensuring transparency through certification.

Anna: 07:17

As we wrap up this week's episode, here are some notable updates in the AgTech sector. Aya Kenz, based in Abu Dhabi, has unveiled plans for the UAE’s first off-grid underground greenhouse, set to be constructed in Sharjah. Meanwhile, Enza Zaden, a global vegetable breeding company, has opened a 16,000-square-meter seed production facility in Arusha, Tanzania. Additionally, Entocycle and EnviroFlight have successfully completed trials of Entocycle’s Entosight Neo optical dosing solution at EnviroFlight’s R&D Center in North Carolina.

Anna: 07:54

Looking ahead, several important industry events are on the horizon. The REAP Conference 2024 will take place in Newmarket, UK on November 6th. Later that month, the Inhouse Farming Feed & Food Show runs from November 12th to 15th in Hanover. The AgriNext Conference will be held in Dubai on November 13th and 14th, while the Asia-Pacific Agri-Food Innovation Summit rounds out the month from November 19th to 21st. These events promise to showcase the latest innovations and foster important discussions about the future of agriculture.

Anna: 08:26

This concludes our update on the latest developments in AgTech. We've explored the benefits of greenhouse-grown berries and highlighted Harnois Greenhouses' range of solutions for berry production, from cost-effective structures to advanced high-tech options. We also discussed several significant funding rounds, showcasing how startups like GrowDirector and Gooddrop are paving the way for sustainable practices in agriculture. Additionally, we reviewed impactful collaborations, such as the partnership between Food Tech Valley and Badia Farms aimed at boosting local food production in the UAE, and innovations like Ohalo's self-fertile almond variety. The AgTech industry is actively advancing, with a focus on sustainable solutions and improved agricultural practices. Stay tuned for more news and innovations in agricultural technology. I'm Anna, signing off. Stay inspired and keep pushing the boundaries of what's possible!