Hexafarms, a pioneer in agricultural tech leveraging AI to optimise greenhouses to power the future of food production, announced the successful close of a €1.3 million pre-seed funding round led by leading European early-stage investors Speedinvest with participation from Mudcake and techstars. With this fresh capital, Hexafarms will further develop its AI and machine learning
Falling crop prices are leaving agriculture equipment sellers with an excess of unsold tractors and combines. To cope with the surplus, dealers are discounting machines, suspending new orders, and even auctioning off equipment at reduced prices. The slower equipment sales are a knock-on effect of corn and soy prices dropping to more than three-year lows
Specialists in the West Kazakhstan Region are carrying out the safe passage of flood waters, as the region experiences its second wave of floods. The region’s four large reservoirs are 90% full. The ministry diverted 400 million cubic metres of flood water to the Ural-Kushum irrigation and water supply system of the West Kazakhstan Region.
Qatari food company Baladna has signed a $3.5 billion agreement with the Algerian Ministry of Agriculture and Rural Development to develop the “world’s largest integrated dairy farming and production project,” according to a filing on the Qatar Stock Exchange. The framework agreement, signed between the two entities, is targeting the production of powdered milk in
