In the agricultural space, businesses have to be around long enough to matter. And that leaves firms pretty comfortable with the way they do — and have always done — business. “People might assume that it’s the farmer who is not part of the digital...
Silo Technologies, a provider of financial technology for distributors and grower shipper businesses in the perishable food supply chain, has raised $132 million in new capital. This includes a $32 million Series C round and a $100 million funding facility from First Citizens Bank, Silo...
The way money moves is increasingly digital — and soon, it may even be programmable. It’s one of the proof points coming out of a recently-concluded Visa-led pilot prototyping of Brazil’s blockchain-based Central Bank Digital Currency (CBDC), the Real Digital, which might enable innovative programmatic...
Supply chain shocks dominate the headlines — and nowhere is the impact of disruption and inflation more apparent than in food prices. Indeed, food prices outpaced inflation into the end of 2022. In just one recent data point, November food prices showed a 10.6% increase...
December 22, 2023
Generative artificial intelligence (AI) is one of the latest ground-breaking technologies in 2023. Conversely, people have been breaking ground with agricultural techniques since civilizations began. As we head into 2024, might there be potentially game-changing synergies between humanity’s newest invention, AI, and one of its oldest industries, farming? “If you look at the current situation […]
August 28, 2023
In the agricultural space, businesses have to be around long enough to matter. And that leaves firms pretty comfortable with the way they do — and have always done —...
January 06, 2023
Supply chain shocks dominate the headlines — and nowhere is the impact of disruption and inflation more apparent than in food prices. Indeed, food prices outpaced inflation into the end...
July 03, 2020
Robert Morris, founder and CEO of agricultural-imaging company TerrAvion Inc., is bringing modern technology to what’s perhaps the world’s oldest business — farming. All with the simple goal of helping...
July 12, 2023
Silo Technologies, a provider of financial technology for distributors and grower shipper businesses in the perishable food supply chain, has raised $132 million in new capital. This includes a $32 million Series C round and a $100 million funding facility from First Citizens Bank, Silo Technologies said in a Wednesday (July 12) press release. The new […]
June 08, 2020
The USDA’s Farm Service Agency has approved over $545 million in payments for the Coronavirus Food Assistance Program (CFAP) to farmers and agriculture workers in need of financial aid due...
February 03, 2020
A new British bank that will launch later in 2020 is aimed at securing funding for farmers, according to a report. Oxbury, based in Chester, is going to offer specific...
November 19, 2019
Grocery retailer Kroger is partnering with Berlin farming startup Infarm to offer “living produce farms,” Kroger announced in a press release on Tuesday (Nov. 19). This is the vertical farming...
