Recent Deals – 9 August 2019

Cassidy Shell
Agriculture & Food:   Inari, a developer of genetic engineering tools for the agricultural sector, raised $89 million in growth equity. Investors included Flagship Pioneering, Investment Corporation of Dubai, EDBI and Acre Venture Partners. The new round of capital will be used to further the company’s computational and genomic tools, as well as accelerate the commercialization and introduction of its corn and soybean seeds to the US market. Within the next two years, Inari plans to expand into other crops.... Read More »

Insurance and the Low-Carbon Economy – A Meeting of Minds and Markets

Holly Stower
The insurance industry should reflect the society it underwrites risk for. The transition to a low-carbon economy means that incumbents are now looking for new and better ways to meet their clients' changing needs. Many insurance incumbents are looking at the opportunities connected to cleantech, while also recognizing their responsibilities and interest in mitigating the physical, transitional and liability risks associated with climate change. European and U.S. insurance markets have been typically slow to innovate; for example, the London Market only started to digitize in 2016. Whereas emerging... Read More »

The Dairy Industry – Sector Watch 26 July 2019

Chris Sworder
The dairy market has a value of $674 billion, based on revenue generated by milk products globally. This is expected to grow annually by 4.7% CAGR by 2023. Despite the positive outlook for market size, North American and European margins are low and milk prices are stagnant due to a production surplus.AttractivenessRegional regulatory changes such as the EU dropping its Milk Quota system in 2015 have kept prices low and production high, while Africa and Asia are seeing growing supply shortages.... Read More »

Recent Deals – 26 July 2019

Chris Sworder
Agriculture & Food:   Joyn Bio announced a partnership with NewLeaf Symbiotics. Valued at $75 million, the deal will aim to bring forth a new microbe class that will benefit crop health and protection. Through this deal, Joyn Bio will gain access to NewLeaf’s library of proprietary, highly characterized strains of plant colonizing microbes.   Energy & Power: Innowatt, a developer of real-time energy monitoring and prediction software for energy retailers and utilities, raised an undisclosed amount of funding from... Read More »

EV Charging: Software and Grid Services

Cassidy Shell
Vehicle-to-grid, or V2G, is becoming a buzzword in the electric vehicle (EV) charging industry with 50 V2G projects  around the world trying to figure out how to make it work for all participants - EV owners, utilities, auto OEMs and EV charging developers. V2G technology involves communication between EV chargers and the power grid to delay charging and/or dispatch stored electricity back to the grid, providing demand response and frequency regulation services. This effectively turns EV batteries into an energy... Read More »

Recent Deals – 12 July 2019

Louis Brasington
Agriculture & Food: AeroFarms, a developer of aeroponic systems to grow greens at high yield densities in urban vertical farms, raised $100 million in a Series E round. The investment round was led by IKEA, and included existing investors Wheatsheaf and ADM Capital, as well as Mission Point Capital, GSR Ventures, and Alliance Bernstein. Founded in 2004, the US company provides aeroponic modules that grow leafy greens in a cloth medium under LED lighting. These modules can be stacked inside... Read More »

Next Generation Solar – Sector Watch 12 July 2019

Louis Brasington
AttractivenessOver the last 25 years, crystalline silicon photovoltaics have become the world’s fastest growing energy source. The last cleantech boom saw a few competing technologies such as thin-film solar try and fail to compete with the mainstream offerings. However, today's advances in technology, smart business models and progressive funding solutions are creating new opportunities for a small number of perovskite and dye-sensitized thin-film photovoltaic innovators. While previously seen as a direct competitor, next generation solar innovators are finding niches within... Read More »

Forbes Agtech Event – A view on the Future of Food from Main Street Salinas

Chris Sworder
Recently,  I attended Forbes Agtech Event in Salinas and joined over 500 entrepreneurs, investors, farmers, and others to take a look at the next wave of agtech innovation. There were several underlying trends that stood out for me after I spoke to entrepreneurs to learn more about innovation in automation, food safety, supply chain complexity, and of course … water. Last but not least were solutions enhancing nature’s most efficient pollinators: bees.Automation Even with 90% of large farm machinery having... Read More »

Three Ways Singapore is Driving a Sustainable Future through Innovation

Stephen Marcus
From smart cities to agriculture projects, water consumption to air quality, Singapore is pushing hard on sustainable innovation. But what makes the city a leading driver for sustainability in the region and beyond?It’s not just a matter of developing and using the latest sustainable technologies. Singapore is the center of a productive ecosystem with the resources, support and reach that start-ups, investors, multinationals and governments need to transform industry and act on global opportunities.Here are three things that demonstrate Singapore’s... Read More »

Deliver Us From Evil: How ICS Security and AI-Enabled Cyber Protection Can Protect Industrial Assets from Attack

Josh Gilbert
Recently, cybersecurity has become a key part of industrial strategy. The increased deployment of sensors and wireless communication of data to cloud-based processing has increased vulnerabilities. In many cases, these may be connected to legacy assets, which do not have sophisticated security measures in the case of cyber-attack. An Attractive MarketGlobally, the industrial cybersecurity market is projected to reach $18B by 2023 at a 7% five-year compound annual growth rate. Protection of industrial assets is crucial for both commercial and national security... Read More »