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Châtenay-Malabry (FR - 92290), 24 December 2018

EFITA newsletter / 857 - European Federation for Information Technology in Agriculture, Food and the Environment

Merry Christmas and Happy New Year 2019


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AgFunder just released the inaugural India AgriFood Startup Investing Report in collaboration with our report partner Omnivore.

In this five-year review of Indian agrifood startup investment activity between 2013 and 2017, we detail $1.66 billion of investment across 558 deals; that's 10% of global deal count.

So far, India's agrifood entrepreneurs have mostly focused on answering the demands of the country's growing middle class, which is set to surpass China in size by 2024. For that reason, $1.48 billion was invested downstream, clos to the consumer.

Downstream investment came from major global private investment funds including Sequoia Capital and Accel Partners, large multinational corporations such as Alibaba, Naspers, and SoftBank as well as local consumer funds including DSG Consumer Partners and Saama Capital.
Given the importance of consumption upgrade as a driver in India’s startup ecosystem, AgFunder and Omnivore implemented a new category “Premium Branded Foods & Restaurants” to reflect this influential trend.

Investment in the upstream categories – Ag Biotech, Farm Management Software, Sensing & IoT, Farm Robotics, Biomaterials, Midstream Tech, Ag Marketplaces, and FinTech -- only represented 26% of deal activity by number and 10% by value from 2013 to 2017. But it grew 7 times over the period as investors paid increasing attention to the needs of the country's 100 million+ farmers and the country's broken supply chain. With the exception of US-headquartered Accel Partners, specialist funds dominate upstream funding, including Omnivore -- India's only dedicated agrifood tech fund -- and impact funds including Aspada and Ankur Capital. Qualcomm Ventures, Mistletoe and 500 Startups are other active investors.

Overall, investment activity in the country’s agrifood startup industry fluctuated during the period, particularly after the failure of some food delivery startups in 2016. But we expect to see larger, later stage food delivery investments and consolidation as Premium Branded Foods & Restaurants and FarmTech startups drive early stage activity.
Find out more about the key deals and investors driving India's bustling agrifood startup sector here: Download the FREE 36-page report here

>> About AgFunder
AgFunder is an online Venture Capital Platform investing in the bold and exceptional entrepreneurs transforming our food and agriculture system. Our in-house technology enables us to invest globally and at scale, make better investment decisions, and supporting our portfolio companies. Through media and research, AgFunder has built a community of over 50,000 members and subscribers, giving us the largest and most powerful network in the industry.

Stay up-to-date with AgriFood Tech Startup news, and other reports, by signing up to our newsletter here.

>> About Omnivore

Omnivore invests in Indian startups developing breakthrough technologies for food, agriculture, and the rural economy. Having launched its first venture fund in 2011, Omnivore pioneered AgriFood Tech investing in India. Omnivore portfolio companies are working to transform food systems across India, making agriculture more profitable, stable, and sustainable.
Find out more here.


First-Ever India AgriFood Startup Investing Report 2013-2017 (next)

Data drives field changes
A farm switch to strip till, split N and variable rates helped N efficiency.
See farmprogress.com


 


Nitrogen: An inexact science

Even imperfect nitrogen modeling continues to attract users, for good reason.
See cornandsoybeandigest.com


Seed-selection web app helps hybrid selection

Think Different Why pay for yield information that is free from companies and universities? It's all in the software for Denny Bell, Terre Haute, Ind. Yield Pop assembles and analyzes data faster and better than he could, drawing upon independent yield data from F.I.R.S.T. (Farmer's Independent Research of Seed Technologies). As to the fee...that's an easy decision for Bell. "Doesn't it make sense to spend $100 for information on a $100,000 decision?" he asks.
See cornandsoybeandigest.com
See firstseedtests.com


Possibilities for drones in agriculture seem endless – but are they?

According to experts, the drone is the most inexpensive method for fields smaller than 50 hectares. A drone can also detect problems early. The details, delivered by data, are accurate to a centimetre.
See Future Farming


New NPPL farmers role models for precision farming

The Dutch National Experimental Ground for Precision Farming (NPPL) has selected 10 new farmers.
See Future Farming


Dal-Bo Depth Control for cultivators and rollers

Monitoring cultivation depth to achieve consistency across different soil types and conditions is going electronic with a measuring system and in-cab display developed by Danish manufacturer Dal-Bo for selected implements in its range.
See Future Farming

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Cadena de bloques...

Bridget van Kralingen: “Blockchain’ aumenta exponencialmente la seguridad alimenticia”.
La vicepresidenta de ‘blockchain’ de IBM analiza las posibilidades de esta tecnología al mismo tiempo que asegura que está lista para utilizarse globalmente en cualquier tipo de empresa
Ver El Païs


Blockchain market in agriculture growing rapidly

The overall blockchain in agriculture and food supply chain market is projected to grow exponentially stronger at a Compound Annual Growth Rate (CAGR) of 47.8% to reach USD 429.7 million by 2023 from an estimated value of USD 60.8 million in 2018.
See Future Farming


Grainbridge
Pause and reflect on this moment. It might be bigger than you expect. Here is the time when technology is about to reveal its true potential to drive farm profits.

GrainBridge represents a joint venture that will bring the resources of ADM and Cargill together to give farmers access to powerful insights at a single outlet. It will have the power to convert data, free of charge to the farmer, into information that will help farmers maximize their profits and will represent a massive step in helping eliminate emotion, stress and hesitation as part of the grain marketing experience.

This is where it’s going. This is farming.
See abettergrainfuture.com


New tools for irrigation and water management by Willie Vogt (splendid and well documented slides)
See farmprogress.com


Striking news in 2018: Ending hunger and malnutrition...
See cgiar



Old good times ???

Les Glaneurs par Georges Paul François Laurent Laugée


Air Sickness (Jewish joke)

Aboard an El Al flight from Israel to America, Grandma Esther was taking her very first flight. They had only been aloft a few minutes when the old lady complained to the stewardess that her ears were popping.

The girl smiled and gave the older woman some chewing gum, assuring her that many people experienced the same discomfort.

When they landed in New York, Grandma thanked the stewardess. "The chewing gum worked fine," she said, "but tell me, how do I get it out of my ears?"

Next Efita
Congress
in Greece in 2019!


2019 Efita International Conference

27-29 June - RHODES - Greece

The topics for the EFITA 2019 conference are detailed below within topic groups.

Topic group 1: “Sensors”
This topic group refers to the development or optimization of sensors and electronics for agricultural applications, such as field scouting and crop parameters monitoring. Particular sub-topics could be:
- New sensors (optical, reflectance, etc.)
- Wireless sensor networks
- Image processing


Agricultural robots are also within this topic, focusing on automation and control technologies to optimise robotic applications in agriculture. Particular sub-topics could be:
- Scouting Robots
- Action Robots
- Machine embedded ICT tools

Topic group 2: “Data”
This topic group is related to all technologies and software that cure data mining, data warehousing, visualisation, knowledge extraction, big data management. Particular sub-topics could be:
- Big data management
- Data mining for agricultural information systems
- Data visualisation
- Data and Knowledge Management for extension services (with real examples)

Other subjects within this topic are interoperability, semantics and knowledge management, such as:
- Metadata and data standards in agriculture
- Thesaurus management, Knowledge management
- Ontologies for agriculture
- Knowledge bases and Knowledge repository services
- Web of Data, Linked Open Data


Topic group 3: “Decision”
This topic group is about modelling for simulation, prediction, crop management, design of ICT-intensive farming systems. Proposed sub-topics are:
- Modelling and Simulation for agricultural production and farming systems
- Weather prediction models for sustainable agricultural production
- Multi-Agent systems

Other “Decision” scientific work is about remote sensing, GIS technologies and spatial management of resources. It includes sub-topics such as:
- Remote Sensing and GIS applications
- Planning tools
- Environmental information systems and Environmental management systems
- ICT applications for natural resources management, including forestry
- ICT applications for sustainable biomass production and use

Finally, ICT applications regarding economical, organizational and business implications in agriculture are also used for business decision making. Such ICT tools are divided in:
- Decision Support Systems for Agriculture
- ICT applications for food chain and logistics
- Traceability tools
- ICT and business
- Rural economies and ICT policies for rural development


Topic group 4: “Action”
This topic group is mainly about design of ICT applications for agriculture and sustainability focusing on precision and knowledge intensive agriculture. It includes sub-topics such as:
- Computer tools for farming
- Models of farming activity
- Scientific computing applied to crop management
-Expert systems in agriculture

This topic group is also about web technologies and networking of actors all along the value chain of agriculture. It includes sub-topics such as:
- On line farm services
- Web applications (clients, devices, server-side)
- Cloud computing applications
- Social Networking, collaborative tools and crowdsourcing
- Tools for e-agribusiness


See efita2019


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Contact: Guy WAKSMAN
E-mail: guy.waksman(a)laposte.net


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