Financial Times writers Mercedes Ruehl and Ryan McMorrow reported this week that, “Venture capital funding in China rebounded in March, new figures showed, as investors hunted for bargains among start-ups after the coronavirus outbreak. “Chinese start-ups and technology companies raised more than $2.5bn during the month, marking a record sixfold rise from just $410m in… Continue Reading
Category Archives: Start-up Company Law
UAE Ag Tech Start-Up Pure Harvest Smart Farms Raises $20.6 Million
Reuters News reported this week that, “United Arab Emirates agriculture technology start-up Pure Harvest Smart Farms has raised $20.6 million in fresh funding and secured commitments for a further $100 million, it said on Monday. “Wafra International, an investment firm owned by the Kuwait state pension agency, is investing $10 million of the new funding,… Continue Reading
Entrepreneurs Want to Attract Venture Funding, Tech Talent to Inland Locations
Wall Street Journal writer Shayndi Raice reported last month that, “San Francisco entrepreneur Madhu Chamarty got the idea for his latest startup from Amazon. com Inc.’s search for its second headquarters, which included finalists like Indianapolis, Pittsburgh and Columbus, Ohio. “For him, the search highlighted overlooked cities away from the coasts that had the talent… Continue Reading
An Airbnb For Farmland Hits A Snag
Last month, Dan Charles reported at National Public Radio (NPR) Online that, “Parker Smith grows corn and soybeans on land near Champaign, Ill., together with his father and uncle. But Smith Farms doesn’t own most of the land it uses. ‘About 75 percent of what we farm is rented ground,’ he says. “This is common…. Continue Reading
Global Investment in Ag and Food Technology Fell Almost 5% in 2019
Financial Times writer Emiko Terazono reported last month that, “Global investment in agricultural and food technology fell almost 5 per cent in 2019, as funding for food delivery services declined sharply amid a wider pullback in the venture capital industry. “Total funding dipped to $19.8bn, according to a preliminary tally by AgFunder, an online food… Continue Reading
Most Promising Startups Using Artificial Intelligence are U.S.-Based Companies
Bloomberg writer Susan Decker reported yesterday that, “The most promising startups using artificial intelligence are U.S.-based companies working in the fields of health care, retail and transportation, according to a study that looked at budding AI companies around the world. “Of the top 100 startups in AI, 65% were based in the U.S., though some… Continue Reading
Deere Teaming Up with Startup Hello Tractor in Bid to Break Ground in Africa
Reuters News reported yesterday that, “It’s ride-hailing, farm style. Deere & Co. is teaming up with the ‘Uber of tractors’ in Africa and betting on a future where farmers summon machines with the touch of a button. “The world’s leading farm equipment maker is outfitting its tractors with startup Hello Tractor’s technology, which allows farmers… Continue Reading
Alphabet’s X Forms Outside Partnership with Brooklyn Incubator
Financial Times writer Patrick McGee reported recently that, “X, the experimental lab of Google’s parent company Alphabet, is looking beyond Silicon Valley for its next big idea, forming a collaboration with New Lab, a start-up incubator in Brooklyn. “The heavily-lossmaking X, which describes itself as a ‘moonshots factory,’ is most famous for creating Waymo, the… Continue Reading
Chinese Venture Capitalists are Retreating from Silicon Valley’s Start-Up Scene
Rebecca Fannin reported earlier this month at CNBC Online that, “San Jose-based virtual reality start-up uSens was ramping up quickly until late last year when issues over the U.S.-China tech cold war intervened, and the fast-charging company hit a dead end. “With patented computer vision technology for smart TVs, mobile devices and cars, an experienced… Continue Reading
Iowa Start-Up is Revolutionizing the Seed Production Process
Megan Vollstedt reported late last month at Successful Farming (SF) Online that, “Commercial seed production is a 100-year-old system that hasn’t changed much. Now, one start-up is revolutionizing the process with technology that maximizes the potential in golden grains of pollen. “Iowa-based PowerPollen was founded in 2015 by agriculture industry professionals who formerly worked in… Continue Reading