Tracxn - Field Crops Startup Landscape

Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Field Crops - Oct 2018
Contents
Feed Summary
Investment Trends
Market Details
Exit Outlook
Investors
News
Appendix
2
TAKE SHARPER DECISIONS
WITH TRACXN
 Analyst team Covering 250+ Sectors
 Proprietary Business Model tagging
 6000+ On-demand Queries answered
 Sector Reports, Market Maps
 One-Click Connect with Founders
Join 500+ Investors & Corporates to get the
Tracxn Advantage

Contents
Feed Summary
Investment Trends
Market Details
Exit Outlook
Investors
News
Appendix
3
Feed Summary
Investment Trend Summary
Exit Outlook Summary
BlueBox
Summary of Key Markets
Notable Companies in the Sector
Recent News

Note: Mega Companies includes IPO’d companies, Mega Acquisitions and Unicorn. Data is taken from Tracxn Platform as on October 17, 2018.
Field Crops Feed Summary
4
Field Crops > Feed Summary
Companies innovating across the value chain of broadacre agriculture. This includes the technology applications and companies
building innovative business models across the lifecycle of field crops such as paddy, cereals, maize, pulses, oil seeds, forage, etc.
• Inclusions: 1. Companies building innovative business models such as
integrated supply chains, invoice discounting for farm working capital,
modular processing units, omnichannel platforms for farmers, etc. across
various segments of the field crops value chain.2. Companies providing
technology solutions such as IoT-based sensor networks, drones, and satellite
imaging platforms for farm data collection, image processing and automation
of farming operations3. Conglomerates and traditional businesses that have
been investing in in-house research and development operations or acquiring
patents and/or acquiring startups with intellectual property in domains
related to field crops.
• Exclusions: 1. Conventional businesses such as small farming companies
without forward integration, standalone processing units, traditional
marketing / trading, etc.2. Manufacturers and suppliers of conventional
consumables such as generic seeds, fertilizers and pesticides, and generic
durables such as irrigation fittings, tractor tools and non-mechanized
attachments, etc. required in cultivation of field crops.
• Excludes funding information of Chinese companies Feed in Numbers
Overview
$7.4B
Funding
58
Mega
Companies
3901149
FundedCovered on
Tracxn
4
Unicorns
8
Soonicorns
18
Minicorns
46
IPO’d Cos
141
Late Stage Cos
53
83
Acquisitions
58
DeadPooled
-
Acquihired
Series A+ Cos
Monsanto
(1901, St. Louis)
Syngenta
(2000, Basel)
Cargill
(1865, Minneapolis)
Top Companies

Investment Trend Summary
Summary of Funding Activity in Field Crops
5
$250M - Series E
Indigo (2013, Cambridge, $650M)
$77M - PE
Ceres (1996, Thousand Oaks, $172M)
$170M - Series C
Axereal (1937, Orleans, $355M)
$75.1M - Series D
PrecisionHawk (2011, Raleigh, $105M)
$156M - Series D
$65M - Series C
AgBiome (2012, Raleigh, $117M)
$110M - Series D
Farmer's Business Network (2014,
Davenport, $194M)
$53.1M - PE
Bonifiche Ferraresi (1871, Jolanda Di Savoia,
$53.1M)
$100M - PE
Grupo Los Grobo (1984, Carlos Casares, $100M)
$47M - Series D
Top Geos of InvestmentEntrepreneurial Activity Global Funding Trend
*YTD *YTD
Field Crops > Feed Summary > Investment Trend Summary
Seed
Demeter (#2), Maxfield Capital (#2), Right Side Capital
Management (#2)
Series A/B Cultivian Sandbox (#3), Data Collective (#3), Middleland Capital
(#3)
Series C+ Temasek (#3), Acre Venture Partners (#1), Activant Capital (#1)
Incubators Thrive Agtech (#8), 500 Startups (#7), Techstars (#4)
Other Notable
Investors
Monsanto (#9), Wayra (#4), AgFunder (#3)
Debt Investors TPG (#2), Advantage Capital (#1), Export Development Canada
(#1)
Most Active InvestorsRecent Investments
98
126
134
107
24
5
2013 2014 2015 2016 2017 2018*
Y-o-Y # of Companies Founded 34 72 75 88 93 55
$2.5B
$1.5B
$538M
$326M
$268M
US
Europe
Canada
India
Israel
$ Funding
$565M
$113M
$365M
$637M
$1.3B
$1B
$1.2B
66
2013 2014 2015 2016 2017 2018*
$ Funding $ Funding Predicted
# Rounds # Rounds Predicted

Summary of exit outlook in Field Crops
Exit Outlook Summary
66
Most Active AcquirersTop Investors in Exits
Khosla Ventures 3
The Climate (2006, San Francisco, $109M)
Granular (2014, San Francisco, $44.3M)
Syngenta Ventures 3
Marrone Bio Innovations (2006, Davis,
$83.3M)
Agrinos (2009, Lysaker, $41.7M)
GV 2
Felicis Ventures 2
Atomico 1 The Climate (2006, San Francisco, $109M)
Aug 2017 FMC Corporation Acq by DuPont for $1.6B
Sep 2016 Monsanto Acq by Bayer for $63B
Feb 2016 Syngenta Acq by ChemChina for $43B
Dec 2013 Devgen Acq by Syngenta for $554M
Oct 2013 The Climate Acq by Monsanto for $930M
Dec 2012
Viterra Acq by Terra Firma Capital Partners for
$9.3B
Field Crops > Feed Summary > Exit Outlook Summary
DuPont 5
FMC Corporation (Aug 2017, $1.6B), Granular (Aug 2017,
$300M), AgVenture (Jun 2010)
Monsanto 1 The Climate (Oct 2013, $930M)
Terra Firma
Capital Partners
1 Viterra (Dec 2012, $9.3B)
Bayer 2 Monsanto (Sep 2016, $63B), Zoner (Jun 2015)
Syngenta 6
Devgen (Dec 2013, $554M), Strider (Mar 2018), FarmShots
(Feb 2018)
Recent IPOs Top Acquisitions
Amatheon Agri Feb 2013
Manages complete value chain of field cro…
IPO MCap: - Current MCap: -
Fertoz Feb 2013
Manufacturer and supplier of organic fert…
IPO MCap: $9.3M Current MCap: $17.7M
Amira Nature Foods Oct 2012
Production and marketing of agri products…
IPO MCap: $357M Current MCap: $66.3M
Clean Seed Capital Sep 2011
Manufacturer and distributor of precision…..
IPO MCap: $1.1M Current MCap: $17.1M
RiceBran Technologies Aug 2017
Develops chemical and nutritional product…
IPO MCap: - Current MCap: $65M
Arcadia Biosciences May 2015
Development of agri input products using…
IPO MCap: - Current MCap: $22.8M
Marrone Bio Innovations Aug 2013
Biological products for crop protection
IPO MCap: $219M Current MCap: $202M
Kitokushinkate Group Jul 2013
Integrated company in processing, supply,…
IPO MCap: - Current MCap: -

October 2018Tracxn BlueBox – Field Crops
1140+ companies in the sector, 390 funded in last 5 years, $1.7B invested in last 2 Years
Most Active Investors: Demeter, Cultivian Sandbox, Temasek, Thrive Agtech, Thrive Agtech
Crop Protection & Nutrition
Indigo (2013, Cambridge, $366.5M)
$2.5B Farm Monitoring & Management
The Climate (2006, San Francisco, $108.5M, Acq.)
$1.2B
Field Operations
Blue River Technology (2011, San Francisco, $30.1M, Acq.)
Crop Genetics
Ceres (1996, Thousand Oaks, $172M, Acq.)
Finance
ProducePay (2014, Los Angeles, $9.5M)
Grain Market
FarmLead (2013, Saskatoon, $6.5M)
Inputs Market
Agrostar (2010, Pune, $15.4M)
Produce Value Chain
Viterra (2007, Regina, $413M, Acq.)
$11.3M
$600M $439M $60.6M
$37.8M $2.6B
Field Crops > Feed Summary > BlueBox
7
Funding data excludes Debt, Grants & Post-IPO rounds. Excludes all details for Chinese companies
For any Feedback and Query reach out to MyAnalyst@tracxn.com
Cumulative funding in the sector

Key Sub Sectors in Field Crops Sector
Summary of Key Markets
8
Top Markets of Investment Activity
# Cos on
Platform
Last 2 Years
$ Invested # Round
Farm Monitoring & Management 326 $479M 65
Field Operations 199 $273M 26
Crop Protection & Nutrition 45 $605M 9
Produce Value Chain 141 $213M 10
Finance 35 $44.7M 11
Farm Monitoring & Management >
Farm Business Management 240 $24M 21
Crop Genetics 95 $41.9M 8
Inputs Market 27 $24.5M 5
Sub Sectors
# Cos
Tracked
#
Funded
Total
Funding
Produce Value Chain
Companies without backward integration, but engaged
in upstream, downstream processing...
141 71 $2.6B
Companies developing agrochemicals and other
consumables for mitigation against biotic...
45 11 $2.5B
Farm Monitoring & Management
Companies developing technology and tech-enabled
products / services for remote sensing...
566 182 $1.2B
Field Operations
Companies developing mechanized, semi-autonomous
or autonomous products and providing...
199 62 $600M
Crop Genetics
Companies developing genetically superior seeds
(GMO & hybrid) and also the tech platforms...
95 31 $439M
Finance
Companies providing working capital, crop insurance,
long term credit, crowdfunding platforms,...
35 16 $60.6M
Inputs Market
Companies providing digital marketplaces and omni-
channel retail for purchase / renting...
27 9 $37.8M
Field Crops > Feed Summary > Summary of Key Markets

List of Notable Companies in Field Crops
Notable Companies in the Sector (1/2)
9
Note: *(Founded Year, Location, Total Funding)
Field Crops > Feed Summary > Notable Companies in the Sector
Public
Mewah Group
(1950, Semenyih)*
Amira Nature Foods
(2001, Delhi)
Marrone Bio
Innovations
(2006, Davis, $83.3M)
GrainCorp
(1916, Sydney)
S&W Seed Company
(2010, Fresno, $36.6M)
Kaveri Seeds
(1986, Secunderabad)
Fertoz
(2010, Brisbane)
Clean Seed Capital
(2010, Burnaby)
National Fertilizers
(1974, Noida, $1.4B)
AgroGeneration
(2007, Kyiv, $300M)
Public
RiceBran Technologies
(2005, Scottsdale, $99M)
Mriya
(1992, Ternopil, $90.1M)
Arcadia Biosciences
(2002, Davis, $68.4M)
AgJunction
(2008, Hiawatha, $60.5M)
Bonifiche Ferraresi
(1871, Jolanda Di Savoia,
$53.1M)
Agrinos
(2009, Lysaker, $41.7M)
CRAiLAR Fiber
Technologies
International
(1998, Vancouver, $16.8M)
EWA
(2006, Kaunas, $5.2M)
Bunge
(1818, White Plains)
Public
Escorts
(1960, Faridabad)
Agripure Holdings
(1993, Pathum Thani)
Agrium
(1931, Calgary)
Amatheon Agri
(2013, Berlin)
Great Eunrich
(1982, Tainan)
Kitokushinkate Group
(2000, Tokyo)
Mitsui Sugar
(1947, Chuo)
Nutrien
(2018, Saskatoon)
Sudzucker
(1926, Mannheim)
Tumosan
(1976, Istanbul)
Public
Universal Biosecurity
(2015, Cottesloe)
Vilmorin & Cie
(1743, Gerzat)
BISI International
(1983, Surabaya)
Black Earth Farming
(2005, Saint Helier)
Kepenos Flour Mills
(2011, Patras)
Loulis Mills
(1782, Almyros)
Marusanai
(1952, Okazaki)
Nitto Fuji Flour Milling
(1914, Tokyo)
Ag Growth
International
(2012, Winnipeg)
AGT Foods
(2007, Regina)
Public
CHS
(1996, Inver Grove Heights)
Emmsons International
(1993, Delhi)
Escorts Limited
(1960, Faridabad)
LT Foods
(1990, Gurgaon)
Raisio
(2009, Raisio)
Samyang Genex
Corporation
(1964, Seoul)
Tytan Tractor
(2003, Chehalis)

List of Notable Companies in Field Crops
Notable Companies in the Sector (2/2)
10
Field Crops > Feed Summary > Notable Companies in the Sector
Acquired
Monsanto
(1901, St. Louis)
Syngenta
(2000, Basel)
Viterra
(2007, Regina, $413M)
FMC Corporation
(1883, Philadelphia)
The Climate
(2006, San Francisco, $109M)
Valtra
(1951, Suolahti)
Devgen
(1997, Ghent)
DTN (The Progressive
Farmer)
(1984, Omaha, $3.9M)
Blue River Technology
(2011, San Francisco)
Granular
(2014, San Francisco, $44.3M)
Acquired
Cimbria
(1947, Thisted)
Unicorns
Indigo
(2013, Cambridge, $650M)

List of Notable Companies by Market in Field Crops
Notable Companies by Market (1/6)
12
Field Crops > Feed Summary > Notable Companies by Market
Crop Genetics
Crop Genetics
Chromatin (2000, Chicago, $84.4M)
Sorghum seeds producer
Soonicorn. Stage: Series F
Illinois Ventures, Wood Creek, ThePrivateBank and
14 Other Investors
S&W Seed Company (2010, Fresno, $36.6M)
Breeding, commercial production and marketing of
alfalfa and stevia seeds
Editor's Pick. Stage: Public
Monsanto (1901, St. Louis)
Production of genetically modified seeds
Unicorn. Stage: Acquired
Berkshire Hathaway
Vilmorin & Cie (1743, Gerzat)
Production and marketing of vegetable seeds
Stage: Public
BISI International (1983, Surabaya)
Manufacturer and supplier of hybrid seeds
Stage: Public
Crop Genetics
Kaveri Seeds (1986, Secunderabad)
Produces and supplies hybrid seeds
Stage: Public
B I R A
National Fertilizers (1974, Noida, $1.4B)
PSU, Manufacturer and Supplier of Fertilizers
Stage: Public
Delivery of selective plant microbes through seed
coatings for resistance to biotic and abiotic stresses
Unicorn. Stage: Series E
Baillie Gifford, Investment Corporation of Dubai,
Alaska Permanent Fund and 4 Other Investors
Development of biological crop protection
agrochemicals
Soonicorn. Stage: Series C
UTIMCO, Fidelity Investments, Polaris Partners and
8 Other Investors
Marrone Bio Innovations (2006, Davis,
$83.3M)
Stage: Public
Mitsui Global, Syngenta Ventures, Saffron Hill
Ventures and 10 Other Investors

13
Arcadia Biosciences (2002, Davis, $68.4M)
Development of agri input products using
biosciences
Stage: Public
Silicon Valley Bank, Mandala Capital, CMEA Capital
and 10 Other Investors
Biological products for increased crop productivity
Minicorn. Stage: Public
EuroChem, Manor Group, Syngenta Ventures
Syngenta (2000, Basel)
Developer of GMO seeds and agrochemicals
FMC Corporation (1883, Philadelphia)
Manufactures specialty chemicals
Editor's Pick. Stage: Acquired
Devgen (1997, Ghent)
Manufacturer and supplier of hybrid seeds and
nematicides
Stage: Acquired
Capricorn Venture Partners, Abingworth, Advent
International and 5 Other Investors
Agrium (1931, Calgary)
Production of fertilizers and retail of agriculture
supplies
Stage: Public
Fertoz (2010, Brisbane)
Manufacturer and supplier of organic fertilizers
Stage: Public
Universal Biosecurity (2015, Cottesloe)
Developing fumigation technology for food and
agricultural sector
Stage: Public
Davenport, $194M)
Network based big data analytics for farmers to
increase productivity
Soonicorn. Stage: Series D
T. Rowe Price, Temasek, Acre Venture Partners and
5 Other Investors
Integrated platform providing hardware and
software for farm and weather data analytics
Founders Fund, Khosla Ventures, New Enterprise
Associates and 15 Other Investors
UAV, Remote Sensing and GIS Data solutions
Third Point Ventures, Intel Capital, Comcast

14
Farmers Edge (2005, Winnipeg, $44M)
Precision agriculture services and data
management
Fairfax Financial Holdings, Mitsui & Co, Kleiner
Perkins and 1 Other Investors
DTN (The Progressive Farmer) (1984,
Omaha, $3.9M)
Digital platform for agricultural commodity
markets information and agronomy content
Stage: Acquired
Farm Business Management
SaaS based Farm management and analytics
software
Soonicorn. Stage: Acquired
Tao Capital Partners, Emory Investment
Management, Fall Line Capital and 5 Other
Investors
Field Operations
Field Operations
AgJunction (2008, Hiawatha, $60.5M)
Hardware and software integrated systems for
precision agriculture
Patricia Industries, Sierra Ventures
$53.1M)
Cultivation, harvest and supply of field crops
Stage: Public
CDP Equity
Swift Navigation (2012, San Francisco, $47.6M)
Low cost, open source real time kinematics GPS
receivers
Soonicorn. Stage: Series B
Forest Baskett, Greg Papadopoulos, First Round
Capital and 12 Other Investors
EWA (2006, Kaunas, $5.2M)
Supplier of agricultural machinery and equipment
Stage: Public
Practica Capital

15
Field Operations
Field Operations
Blue River Technology (2011, San Francisco)
Computer vision and robotics for weed control in
agriculture
Pontifax Agtech, Syngenta Ventures, Monsanto and
6 Other Investors
Clean Seed Capital (2010, Burnaby)
Manufacturer and distributor of precision no-till
seeding farm machinery
Escorts (1960, Faridabad)
Manufactures tractors
Valtra (1951, Suolahti)
Manufacturing and supply of tractors for the
agriculture industry
Stage: Acquired
Tumosan (1976, Istanbul)
Manufacturer and supplier of agricultural farm
machinery
Stage: Public
Field Operations
Black Earth Farming (2005, Saint Helier)
Cultivator and harvester of grains, oilseeds and
potatoes in Russia
Stage: Public
Escorts Limited (1960, Faridabad)
Farm machinery manufacturer and supplier in India
Stage: Public
Tytan Tractor (2003, Chehalis)
Manufacturer and supplier of farm machinery in
USA
Stage: Public
Inputs Market
Inputs Market
Nutrien (2018, Saskatoon)
Manufacturer and supplier of farm inputs
Stage: Public

16
Produce Value Chain
Produce Value Chain
Viterra (2007, Regina, $413M)
Grain handling and marketing in USA and Canada
Stage: Acquired
Terra Firma Capital Partners
AgroGeneration (2007, Kyiv, $300M)
Field crops cultivation, harvest and supply
Stage: Public
SigmaBleyzer, Aloe Private Equity, Gravitation
RiceBran Technologies (2005, Scottsdale,
$99M)
Develops chemical and nutritional products from
rice bran
Stage: Public
Full Circle Capital, Continental Grain
Mriya (1992, Ternopil, $90.1M)
Agribusiness with operations across cultivation,
seed production, grain storage and livestock animal
rearing
Stage: Public
Produce Value Chain
CRAiLAR Fiber Technologies
International (1998, Vancouver, $16.8M)
Developed technology to produce fiber from flax &
industrial hemp
Stage: Public
Bunge (1818, White Plains)
Vertically integrated agribusiness for agro-
processing and supply of sugar, food ingredients,
and farm inputs
The D E Shaw, Cordiant, CDC Group
GrainCorp (1916, Sydney)
Manages grain handling, storage and supply chain
Stage: Public
Agripure Holdings (1993, Pathum Thani)
Manages processing operations and supply chain of
sweet corn and fruits and vegetables
Stage: Public
Navis Capital Partners
Produce Value Chain
Amatheon Agri (2013, Berlin)
Manages complete value chain of field crops and
livestock animals
Stage: Public
Great Eunrich (1982, Tainan)
Manufacture, processing, and distribution of food
and oil products
Stage: Public
Kitokushinkate Group (2000, Tokyo)
Integrated company in processing, supply, and
distribution of rice and its value added products
Stage: Public
Mitsui Sugar (1947, Chuo)
Manufactures and markets sugar
Stage: Public
Sudzucker (1926, Mannheim)
Manuafctures and supplies sugar
Stage: Public

17
Produce Value Chain
Produce Value Chain
Cimbria (1947, Thisted)
Technology solutions for grain and seed products
processing
Stage: Acquired
Kepenos Flour Mills (2011, Patras)
Producer and seller of flours
Stage: Public
Loulis Mills (1782, Almyros)
Produces and supplies flour
Stage: Public
Marusanai (1952, Okazaki)
Processes and markets soybean products
Stage: Public
Mewah Group (1950, Semenyih)
Vertically integrated agri-business company
focused on edible oil processing
Stage: Public
Nitto Fuji Flour Milling (1914, Tokyo)
Manufacturer and supplier of wheat flour and its
products
Stage: Public
Produce Value Chain
Ag Growth International (2012, Winnipeg)
Manufactures grain handling equipment
Stage: Public
Parallel49 Equity
AGT Foods (2007, Regina)
Upstream processing and supply of pulses
Stage: Public
Fairfax Financial Holdings, Scotiabank, CIBC Capital
Markets and 8 Other Investors
Amira Nature Foods (2001, Delhi)
Production and marketing of agri products and oils
Stage: Public
CHS (1996, Inver Grove Heights)
Vertically integrated business for grain processing,
marketing, supply of farm inputs, energy products,
and corporate financial services
Stage: Public
Produce Value Chain
Emmsons International (1993, Delhi)
Production and physical trading of agri
commodities
Stage: Public
LT Foods (1990, Gurgaon)
Processing and marketing of branded and non-
branded basmati rice and rice food products
Stage: Public
Rabo Equity Advisors
Raisio (2009, Raisio)
Vertically integrated business for grain-based
consumer products, grain trading, and supply of
animal feeds
Stage: Public
Norvestia
Samyang Genex Corporation (1964, Seoul)
Corn processing for manufacturing of ingredients
for food and other industries
Stage: Public

List of Notable Companies in Field Crops in China
Notable Companies in the Sector in China
18
Field Crops > Feed Summary > Notable Companies in the Sector in China
Public
Yang Lin Soybean
(2008, Zhongshan)
Asia BioChem
(2006, Shenyang)
Winall Hi-Tech Seed
(2002, Hefei)
China New Borun
(2000, Weifang)
Xinjiang Tarim
Agriculture
Comprehensive
Development
(1999, Xinjiang)
Soonicorns
Cloud Farm
(2013, Beijing, $26M)

Recent News in Field Crops Sector
Recent News
19
Oct 2018
Global Meso-Erythritol Market Study 2015-2025: Cargill, Mitsubishi,
Nikken-chemical, Baolingbao Biology, truthweek.com
Oct 2018
Marine Engines Market to See 4%+ CAGR to 2024| Brunswick
Corporation, John Deere, Wärtsilä, Cummins Inc., Scania Group,
Rolls-Royce Marine and 13 Other Companies Profiled, PRWeb
Oct 2018
Gary Anderson Appointed to President of Clean Seed Capital Group,
The Newswire
Oct 2018
Global Lysine Market Study 2015-2025: CJ , Ajinomoto , ADM ,
Evonik , GLOBAL Bio-Chem , Meihua , COFCO , East Hope,
truthweek.com
Oct 2018
Global Lithium Bromide Market Study 2015-2025: Rockwood
Lithium, FMC Corporation, Leverton-Clarke, ICL-IP, Shreenivas
Chemicals, truthweek.com
Oct 2018
Global Lithium Hydroxide Market Study 2015-2025: FMC, SQM,
Rockwood, Simbol, Tianqi Lithium, Jiangxi Ganfeng Lithium,
Zhonghe, truthweek.com
Oct 2018
Global Lithium Metal Market Study 2015-2025: GanfengLithium,
FMC, chemetall, CNNC Jianzhong, Hongwei Lithium, Tianqi Lithium,
CEL, truthweek.com
Oct 2018 ADM Milling’s wheat school nears 10-year mark, Baking Business
Oct 2018
Arcadia Biosciences Receives US Patent for Extended Shelf Life
Wheat Trait Designed to Increase Whole Grain Consumption and
Minimize Waste, Business Wire
Oct 2018 Indonesia's CROWDE raises funding from GREE Ventures, E27
Key Recent News Key Recent News
Oct 2018
This Israeli Agritech Startup Combines Sensors, Big Data To ‘Break
Ground’ Worldwide, NoCamels
Oct 2018
Syngenta Seeds to move its Minnetonka office to downtown
Minneapolis, Agropages
Oct 2018
Global Precision Farming/Agriculture Market Outlook 2018-
Agribotix LLC, Deere & Company, SST Development Group, Inc.,
truthweek.com
Oct 2018
Capagro leads SEK20 million fundraising round in BoMill, Private
Equity Wire
Oct 2018
Global Automatic Planting Machinery Market Analysis Report 2018-
AGCO, Buhler Industries, Great Plains Ag, Deere & Company,
truthweek.com
Oct 2018
Delhi HC dismisses Monsanto plea against CCI probe of officers,
directors, Business Standard
Oct 2018
SA’s Aerobotics launches five new precision agriculture products,
Ventureburn
Oct 2018
Cargill Opens New $65M Shrimp Feed Production Facility, Powder &
Bulk Solids
Oct 2018
Global Biorational Fungicides Market 2018 – Bayer, Syngenta,
Monsanto Bioag, BASF SE, Dowdupont, Valent Biosciences, Isagro
SAP, truthweek.com
Oct 2018 Data Drives Customized Crop Insurance Plans, AgProfessional
Field Crops > Feed Summary > Recent News

Contents
Feed Summary
Investment Trends
Market Details
Exit Outlook
Investors
News
Appendix
20
Funding Trends
Median Deal Size and Trend
New Entrants in Funding Club
Distribution of companies by Funding Range
Funding Funnel of the Sector
Top Investments and Investors
Investors in Unicorn club

Some more Sector Reports you might want to check out
Join 4000+ people taking sharper decisions with Tracxn
Field Force Automation
Sep 2018
Mom & Baby Care
Sep 2018
Biopharma Contract Services
Sep 2018

$565M
$150M
$432M
$113M
$365M
$637M
$1.3B
$1B
$1.2B
0
10
20
30
40
50
60
70
80
90
100
$0k
$200M
$400M
$600M
$800M
$1.B
$1.2B
$1.4B
2011 2012 2013 2014 2015 2016 2017 2018*
$ Funding Predicted $ Funding # Rounds Predicted # Rounds
Investments ($M) and number of rounds in Field Crops; 2011-2018
Global Funding Trends (1/2)
22
Note: Funding excludes Grant, Debt and Post IPO rounds. Excludes all details for Chinese companies
Field Crops > Investment Trends > Global Funding Trends
#Rounds
$Funding
3 Year CAGR
6 Year CAGR 9% # of Rounds38% $ Funding
29% # of Rounds
41% $ Funding

$2M $4M $11M $24M $15M $22M $19M $24M
$123M
$42M
$61M $211M $417M
$145M $310M $79M
$25M $387M $41M $131M $205M $1.1B $690M $462M
2011 2012 2013 2014 2015 2016 2017 2018 YTD
Seed Early Stage Late Stage
$150M
$565M
Total $ Invested
6 13 23 37 36 49 38 27
13 7
8
27
33 26
43
18
1 7 3 8 6
13
12 10
2011 2012 2013 2014 2015 2016 2017 2018 YTD
Seed Early Stage Late Stage
20
55
Total # of Rounds
23
Note: Mega Rounds = rounds with size > $20M. Funding excludes Grant, Debt and Post IPO rounds. Excludes all details for Chinese companies
Stage-wise Number of RoundsStage-wise $ Invested
New Entrants in Funded Club
Global Funding Trends (2/2)
Investments ($M) and number of rounds in Field Crops; 2011-2018
Field Crops > Investment Trends > Global Funding Trends
29
22
29
31
40
34
16
201
$3.5M
$1.7M
$0.0M
$0.5M
$1.0M
$1.5M
$2.0M
$2.5M
$3.0M
$3.5M
$4.0M
0
50
100
150
200
250
2012 2013 2014 2015 2016 2017 2018 YTD Total
Entrants in Funding Club Avg. Ticket Size
$3.5M $1.6M $2.5M $1.1M $0.7M $0.8M $1.4M $1.7M
$434M
$88M
$357M
$50M
$154M
$433M
$1.1B
$768M
$954M
6
0
2
4
6
8
10
12
14
0
200000000
400000000
600000000
800000000
1E+09
1.2E+09
2011 2012 2013 2014 2015 2016 2017 2018 YTD
$ Funding Predicted $ Funding # of Rounds Predicted # Rounds
Mega Rounds
3 4 2 4 5 9 13 5

Field Crops > Investment Trends > Funding Trends by Geography
Investments ($M) and number of rounds in Field Crops
Funding Trends by Geography
Funding Trends by Geography Top Cities of Funding
City $ Funding # Rounds
Paris 746M 4
Cambridge 675M 12
Regina 413M 2
Orleans 348M 3
Bay Area 322M 50
Nairobi 244M 6
Raleigh 224M 14
Davenport 194M 6
Yokneam Illit 180M 1
Thousand Oaks 172M 3
Total Funding
170
85
26
65
21
9
17
9
# Rounds
$2.5B
$1.5B
$538M
$326M
$268M
$263M
$108M
$41.1M
US
Europe
Canada
India
Israel
Kenya
Latam
Australia
Note: Excludes funding information of China companies

Trend of Average Deal Size ($M)
$0.3
$0.4
$0.6 $0.8 $0.6 $0.6 $0.8
2011 2012 2013 2014 2015 2016 2017
$8.3
$4.2
$5.2 $4.7 $5.3
$3.4
$4.6
$24.0
$12.5 $15.0 $16.7
$28.8
$21.9
$15.2
$25.4
$55.2
$20.4 $21.8
$102.3 $100.4
$57.5
Field Crops > Investment Trends > Median Deal Size and Trend
Median and Average Deal Size in $M (per Stage) in Field Crops; 2011-2017
Median Deal Size and Trend
Note: Excludes funding information of Chinese companies. *Graph not to scale
Median Deal Size and Range
$10K* $5M
$118K $22.8M
$2.1M $164M
$156K $713M
$29M
$14.7M
$3.6M
$420K
Series C+
Series B
Series A
Seed
Stage

Note: 189 companies with undisclosed funding amount are not included
26
<$1M
$1-10M
$10-50M
$50-100M
$100M+
Funding Range
62
74
45
12
15
No. of Companies
Field Crops > Investment Trends > Distribution of companies by Funding Range
No. of companies by funding range in Field Crops; as of Oct 2018
Distribution of companies by Funding Range
$19M
$238M
$1B
$870M
$5.2B
$ Investment

Stage No. of Companies
Funding
Funnel
100%
34%
12%
7%
5%
27
Note: Numbers in the brackets show the count of companies
Time to raise
next round
53
80
141
390
1149
Series C+
Series B
Series A
Funded
Founded
Next
Round
100M+
Valuation
Exits
Acqui-
Hired
Dead
Pooled
Others
34% 6%
(64)
5%
(57)
- 5%
(58)
61%
(701)
36% 12%
(47)
10%
(40)
- 3%
(10)
61%
(239)
57% 14%
(20)
9%
(13)
- 2%
(3)
41%
(58)
66% 24%
(19)
15%
(12)
- 1%
(1)
33%
(26)
- 28%
(15)
17%
(9)
- 2%
(1)
30%
(16)
Field Crops > Investment Trends > Funding Funnel
Number of companies progressing to subsequent funding stages in Field Crops
Funding Funnel
15 Months
19 Months
25 Months
Investment backedBootstrapped
8
4
42
31
Soonicorns
Unicorns
Acquisitions
IPOs

Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+, PE)
Field Crops > Investment Trends > Notable Investments in last 24 months
Major funding rounds by Stage in Field Crops; Oct 2016-Oct 2018
Notable Investments in last 24 months (1/5)
LATE STAGE
$250M - Series E Sep 2018
Alaska Permanent Fund
$170M - Series C Jul 2017
Axereal (1937, Orleans, $355M)
Integrated business for cultivation, sourcing,
processing, and supply of grains
Unigrains, Temasek, Tereos
$156M - Series D Sep 2017
Baillie Gifford, Activant Capital, Flagship Pioneering,
Alaska Permanent Fund
LATE STAGE
$110M - Series D Nov 2017
Davenport, $194M)
T. Rowe Price, Temasek, Acre Venture Partners, DBL
Partners, GV, Kleiner Perkins
$100M - PE Nov 2016
Grupo Los Grobo (1984, Carlos Casares, $100M)
Produces and supplies agriculture products
Victoria Capital Partners
$75.1M - Series D Jan 2018
Ventures, Syngenta Ventures, Pioneer, Constellation,
Millennium Technology Value Partners, Verizon
Ventures, Innovate Indiana Fund, NTT Docomo
Ventures, DuPont, USAA, Yamaha
LATE STAGE
agrochemicals
UTIMCO, Fidelity Investments, Polaris Partners,
ARCH Venture Partners, Pontifax Agtech, Monsanto
$53.1M - PE Feb 2017
$53.1M)
CDP Equity
$47M - Series D Dec 2017
Investment Corporation of Dubai

LATE STAGE
$40M - Series C Mar 2017
Davenport, $194M)
DBL Partners, GV, Acre Venture Partners, Bow
Capital, Kleiner Perkins
$30M - Series C Sep 2017
NewLeaf Symbiotics (2012, St. Louis, $78M)
Developer of pink pigmented facultative
methylotrophs and solutions to deliver these to
crops
S2G Ventures, Lewis & Clark Ventures, RockPort
Capital, Pangaea Ventures, Open Prairie Ventures
crops
Otter Capital, Lewis & Clark Ventures, RockPort
Capital, Pangaea Ventures, Open Prairie Ventures,
Monsanto
LATE STAGE
$23.7M - Series C Jan 2018
Samunnati Finance (2014, Chennai, $31.3M)
Financial intermediatory
responsAbility, Accel Partners, Elevar Equity
$22M - Series C Jan 2017
FarmLogs (2012, Ann Arbor, $37M)
Develops and offers farm management software
Naspers, Drive Capital, Huron River Ventures, Hyde
Park Venture Partners, SV Angel, Sam Altman
$21.3M - PE Apr 2017
Waterford Distillery (2014, Waterford,
$21.3M)
Sourcing and processing of barley to develop stout
beer
Business Growth Fund
$14.7M - Series C Feb 2018
EuroChem, Manor Group
LATE STAGE
$10.5M - Series C Dec 2017
Rachio (2012, Denver, $20.2M)
Smart spinkler contoller
Eastside Partners
$10M - Series D Mar 2018
BioConsortia (2014, Davis, $33M)
Biotech products for increased crop yield
Khosla Ventures, Otter Capital
$9.4M - Series C Mar 2018
Agrisoma (2001, Gatineau, $32.8M)
Carinata oil seed producer
Lune Rouge, Cycle Capital Management, BDC, Capital
Growth PME
$8M - Series C Nov 2016
Khosla Ventures, Otter Capital

LATE STAGE
$6M - Series C Dec 2017
Skymet Weather (2003, Noida, $11.8M)
Crop insurance and weather forecasting data
services
InsuResilience Investment
$194k - Series D Jun 2018
$156k - Series D Sep 2018
Series C Dec 2016
Precision agriculture services and data management
Fairfax Financial Holdings
EARLY STAGE
$34M - Series B Jun 2017
receivers
Capital, Eclipse
$30.3M - Series B Mar 2017
CiBO Technologies (2014, Cambridge, $30.3M)
Technology platform of land-use simulations for the
agriculture industry
$30M - Series B Aug 2017
Descartes Labs (2008, Los Alamos, $38.3M)
Deep learning for satellite imagery
March Capital Partners, Crosslink Capital, Data
Collective, Correlation Ventures
$20M - Series B May 2018
Soft Robotics (2013, Cambridge, $25M)
Manufactures robotic grippers and control system
Hyperplane Venture Capital, Scale Venture Partners,
Honeywell, ABB, Calibrate Ventures, Tekfen
Ventures, Yamaha, Material Impact, Taylor Farms,
Haiyin Capital
EARLY STAGE
$18.1M - Series B Oct 2017
Farmobile (2013, Leawood, $23.6M)
Device for collecting and interpreting agricultural
machinery data in real time
Anterra Capital, AmTrust Ag
$15.4M - Series B Apr 2017
Agrisoma (2001, Gatineau, $32.8M)
Carinata oil seed producer
Cycle Capital Management, BDC, Lune Rouge
$15M - Series B Jul 2017
Prospera (2013, Tel Aviv, $22M)
Technology solutions for plant health monitoring
Qualcomm Ventures, Cisco Investments, Bessemer
Venture Partners, Israel Cleantech Ventures
$10.2M - Series B Sep 2017
Agrible (2012, Champaign, $14.4M)
Software solution for analytics and forecasting for
farm data
Maumee Ventures, Flyover Capital, Serra Ventures

EARLY STAGE
$10M - Series B Mar 2017
m-commerce for agri-inputs
Accel Partners, IDG Ventures India, Aavishkaar
$7.5M - Series A May 2017
Taranis (2014, Tel Aviv, $9.5M)
Data analytics platform for weather and field ops
level risk mitigation
Finistere Ventures, Vertex Ventures, Mindset
ventures, OurCrowd, Eshbol Ventures
$7M - Series A Mar 2017
Platform for real time tracking of produce
movement and arrangement of collateral and loans
Coventure, Menlo Ventures, Arena Ventures, Red
Bear Angels, Social Leverage
EARLY STAGE
$4.3M - Series A Mar 2017
Arable (2014, Princeton, $4.4M)
IoT based farm monitoring and crop management
solution
Middleland Capital, S2G Ventures, Spark Labs,
Cantos Ventures, Chasefield Capital
$2.4M - Series A Mar 2017
Arvegenix (2013, St. Louis, $4.9M)
Pennycress feedstock producer
Monsanto, St. Louis Arch Angels, Cultivation Capital,
BioGenerator, Missouri Technology, Prolog
Ventures, Yield Lab, Prelude Ventures
Series B Jun 2017
farm data
TLG
EARLY STAGE
Series A Jul 2018
Platform for real time tracking of produce
movement and arrangement of collateral and loans
FJ Labs

SEED STAGE
$100k - Seed Apr 2017
solution
Thrive Agtech

Field Crops > Investment Trends > Notable Investments in last 24 months in China
Notable Investments in last 24 months in China
EARLY STAGE
$44.6M - Series B Jul 2017
Dfs168 (2014, Shenzhen, $103M)
Marketplace for farming supplies
Matrix Partners China, China Growth Capital, Orchid
Asia Group
$29.3M - Series B Jun 2017
Orchid Asia Group, China Growth Capital, Matrix
Partners China
$29.1M - Series B Aug 2018
Matrix Partners China, China Growth Capital

Most Active Investors (VC, PE) by Stage in Field Crops; Last 5 years (Oct 2013-Oct 2018)
Most Active VC & PE Investors
34
Field Crops > Investment Trends > Most Active VC & PE Investors
SEED STAGE
Demeter(2 Investments)
Naio Technologies, Agri Espirit
1
SP Ventures (2 Investments)
InCeres, Agronow
2
Social Capital (2 Investments)
FarmCrowdy, DroneSeed
3
Right Side Capital Management(2
Investments)
FarmCrowdy, GroGuru
4
SIDBI Venture Capital(2 Investments)
Natureland Organics, GEO BIOTECH
5
Maxfield Capital(2 Investments)
Agroptima, OnFarm Systems
6
SVG Partners (2 Investments)
Farm Dog, Geovisual Analytics
7
Ankur Capital
CropIn
8
Capagro
Naio Technologies
9
Notion
KisanHub
10
EARLY STAGE
Syngenta Ventures(3 Investments)
Phytech, Blue River Technology, Premier Crops Systems
1
Data Collective(3 Investments)
Descartes Labs, Gro Intelligence, Blue River Technology
2
S2G Ventures(3 Investments)
Sentera, Arable, Mercaris
3
Middleland Capital(3 Investments)
Sentera, Conservis, Arable
4
Cultivian Sandbox (3 Investments)
Descartes Labs, Conservis, HarvestPort
5
Khosla Ventures(2 Investments)
Granular, BioConsortia
6
GV (2 Investments)
Granular, Farmer's Business Network
7
Qualcomm Ventures (2 Investments)
Prospera, Strider
8
Serra Ventures(2 Investments)
Agrible, FarmLead
9
Innovation Endeavors (2 Investments)
CropX, Blue River Technology
10
LATE STAGE
Temasek(3 Investments)
Axereal, Farmer's Business Network, Star Agriwarehousing &
Collateral Management
1
Unigrains
Axereal
2
Acre Venture Partners
Farmer's Business Network
3
Syngenta Ventures
PrecisionHawk
4
Lewis & Clark Ventures
NewLeaf Symbiotics
5
Intel Capital
PrecisionHawk
6
Verizon Ventures
PrecisionHawk
7
S2G Ventures
NewLeaf Symbiotics
8
Mandala Capital
Arcadia Biosciences
9
Yamaha Motor Ventures &
Laboratory Silicon Valley
PrecisionHawk
10

Field Crops > Investment Trends > Most Active Ecosystem Investors
Top Ecosystem Investors in Field Crops; Last 5 years (Oct 2013-Oct 2018)
Most Active Ecosystem Investors
INCUBATOR/ACCELERATOR
Thrive Agtech(8 Investments)
Harvest Automation, Arable, AgShift
1
500 Startups(7 Investments)
Rachio, OnFarm Systems, Aarav Unmanned Systems
2
Techstars(4 Investments)
FarmCrowdy, Mesur.io, DroneSeed
3
Yield Lab(4 Investments)
Arvegenix, TerViva, AgVoice (TekWear)
4
Villgro Innovations Foundation(4
Investments)
FlyBird Innovations, Kamal Kisan, NubeSol
5
Startupbootcamp(3 Investments)
Aerobotics, Elaisian, Sensoraide
6
Village Capital(3 Investments)
Agralogics, Arable, Autonomous Tractor Corporation
7
Alchemist Accelerator(2 Investments)
Amber Agriculture, AgriData
8
BioGenerator(2 Investments)
Arvegenix, Plastomics
9
HAX(2 Investments)
Garden Space, Amber Agriculture
10
OTHER NOTABLE INVESTORS
Monsanto(9 Investments)
Ceres, NewLeaf Symbiotics, Resson Aerospace
1
Wayra(4 Investments)
VisualNACert, Cropti Systems, LESS Industries
2
AgFunder(3 Investments)
Aerobotics, OnFarm Systems, Solinftec
3
BDC(3 Investments)
Hortau, Agrisoma, Resson Aerospace
4
Taylor Farms(3 Investments)
Soft Robotics, HarvestPort, Geovisual Analytics
5
United States Department of
Agriculture(3 Investments)
Maine Grains, AgSolver, Cermetek Microelectronics
6
Artha Platform(2 Investments)
FlyBird Innovations, NubeSol
7
Continental Grain(2 Investments)
RiceBran Technologies, Sentera
8
Department of Biotechnology(2
Investments)
ADVANTA India, GEO BIOTECH
9
EBRD(2 Investments)
Axereal
10
DEBT INVESTORS
TPG(2 Investments)
Gro Intelligence, Solinftec
1
Advantage Capital
Hortau
2
Export Development Canada
Decisive Farming
3
Full Circle Capital
RiceBran Technologies
4
Kreos Capital
CropX
5
Lighter Capital
Wine Management Systems
6
Silicon Valley Bank
Arcadia Biosciences
7
Tikehau Capital
Avril
8
Western Technology Investment
Ceres
9

Field Crops > Investment Trends > Investors in Unicorn club
Investors in Unicorn Club (1/3)

Field Crops > Investment Trends > Unicorn Investors in the Sector
Unicorn Investors in the Sector

Contents
Feed Summary
Investment Trend
Market Details
Exit Outlook
Investors
News
Appendix
40
BlueBox
Key Sub Sectors
Detailed Sector Taxonomy
Top Markets of Investment Activity
Top Markets of Early Stage Investors
Other Notable Markets
Market Deep Dive

Some more Sector Reports you might want to check out
Join 4000+ people taking sharper decisions with Tracxn
AgriTech
Aug 2018
Agriculture
Jul 2018
Livestock
Jul 2018

October 2018
42
Field Crops > Market Details > BlueBox
Tracxn BlueBox – Field Crops

Key Sub Sectors (1/2)
43
Key Sub Sectors in Field Crops
Market Top Companies
# Cos
Tracked
#
Funded
Total
Funding
Produce Value Chain
Companies without backward integration, but engaged in upstream, downstream processing
of crops for ....
Viterra (2007, Regina, Acquired)
Avril (1983, Paris, $743M)
141 71 $2.6B
Companies developing agrochemicals and other consumables for mitigation against biotic and
abiotic s....
National Fertilizers (1974, Noida, Public)
45 11 $2.5B
Companies developing technology and tech-enabled products / services for remote sensing of
crops and....
The Climate (2006, San Francisco,
Acquired)
Davenport, $194M)
566 182 $1.2B
Field Operations
Companies developing mechanized, semi-autonomous or autonomous products and providing
services for s....
AutoAgronom (1988, Yokneam Illit,
Acquired)
Grupo Los Grobo (1984, Carlos Casares,
$100M)
199 62 $600M
Crop Genetics
Companies developing genetically superior seeds (GMO & hybrid) and also the tech platforms
enabling ....
Ceres (1996, Thousand Oaks, Acquired)
Chromatin (2000, Chicago, $84.4M)
95 31 $439M
Finance
Companies providing working capital, crop insurance, long term credit, crowdfunding
platforms, reven....
Samunnati Finance (2014, Chennai,
$31.3M)
35 16 $60.6M
Inputs Market
Companies providing digital marketplaces and omni-channel retail for purchase / renting of
farm infr....
Mascus (2001, Amsterdam, Acquired)
27 9 $37.8M
Field Crops > Market Details > Key Sub Sectors

Key Sub Sectors (2/2)
44
Key Sub Sectors in Field Crops
Market Top Companies
# Cos
Tracked
#
Funded
Total
Funding
Grain Market
Companies developing platforms for enabling physical grain trading between farmers and
buyers / traders
Emerald Grain (2012, Richmond, Acquired)
FarmLead (2013, Saskatoon, $6.5M)
41 8 $11.3M
Field Crops > Market Details > Key Sub Sectors

Detailed Sector Taxonomy
45
Field Crops > Market Details > Detailed Sector Taxonomy

Rank Market
Last 2 Years
$ Invested # Round Top Funded Company
1
(-)
Companies developing technology and tech-enabled products / services for remote sensing of crops
and soil and business management software for farms
(Companies covered 326 | Funded 117 | Total Funding $1B)
$479M
(+$211M)
65
(-10)
Farmer's Business
Network
(2014, Davenport, $194M)
2
(+1)
Field Operations
Companies developing mechanized, semi-autonomous or autonomous products and providing services
for soil preparation, irrigation, agrochemical application, scouting and harvest…
(Companies covered 199 | Funded 62 | Total Funding $600M)
$273M
(+$43.7M)
26
(+9)
Grupo Los Grobo
(1984, Carlos Casares, $100M)
3
(+2)
Companies developing agrochemicals and other consumables for mitigation against biotic and abiotic
stresses of crops and improving the yield
(Companies covered 45 | Funded 11 | Total Funding $2.5B)
$605M
(+$387M)
9
(+3)
Indigo
4
(-2)
Produce Value Chain
Companies without backward integration, but engaged in upstream, downstream processing of crops
for value addition, providing logistics and storage, etc.
(Companies covered 141 | Funded 71 | Total Funding $2.6B)
$213M
(-$765M)
10
(-5)
Axereal
(1937, Orleans, $355M)
5
(+1)
Finance
Companies providing working capital, crop insurance, long term credit, crowdfunding platforms,
revenue share based investment platforms and payments facilitation platforms for…
(Companies covered 35 | Funded 16 | Total Funding $60.6M)
$44.7M
(+$31.4M)
11
(+1)
Samunnati Finance
(2014, Chennai, $31.3M)
6
(-2)
Farm Monitoring & Management > Farm Business Management
Companies developing on-premise or cloud-based enterprise resource planning software for farmers
and agribusinesses engaged in cultivation of field crops
$24M
(-$42.1M)
21
(-13)
SWIIMSystem
(2009, Denver, $10.4M)
7
(-)
Crop Genetics
Companies developing genetically superior seeds (GMO & hybrid) and also the tech platforms enabling
the research & development
$41.9M
(-$16M)
8
(+2)
Agrisoma
(2001, Gatineau, $32.8M)
46
Note: The numbers in the bracket represent the change in a 2 year period.
Top Markets of Investment Activity (1/2)
Top Markets by Funding in Field Crops in last 2 years (October 2016 - September 2018)
Field Crops > Market Details > Top Markets of Investment Activity

Top Markets of Investment Activity (2/2)
Field Crops > Market Details > Top Markets of Investment Activity

Rank Market # Investments Key Investments
1
Inputs Market
Companies providing digital marketplaces and omni-channel retail for purchase / renting of farm
infrastructure and consumables
(Companies created 27 | Funded 9 | Total Funding $37.8M )
1 Agrostar (2010, Pune, $15.4M)
2
Finance
Companies providing working capital, crop insurance, long term credit, crowdfunding platforms, revenue
share based investment platforms and payments facilitation platforms for…
(Companies created 35 | Funded 16 | Total Funding $60.6M )
1 Samunnati Finance (2014, Chennai,
$31.3M)
Note: Investors considered - Sequoia Capital, Accel Partners, Andreessen Horowitz, NEA, Greylock Partners, General Catalyst Partners, Benchmark Capital, KPCB, Khosla Ventures, Redpoint Ventures, Founders Fund, SV Angel, Index Ventures, Bessemer
Venture Partners, Lightspeed Venture Partners, Venrock, Draper Fisher Jurvetson, Institutional Venture Partners, Intel Capital, Battery Ventures
48
Top Markets of Early Stage Investors
Top Markets where Early Stage Investors are investing in last 2 years (October 2016 - September 2018)
Field Crops > Market Details > Top Markets of Early Stage Investors

Incubators Thrive Agtech (#3), 500 Startups (#2)
Seed Atomico (#1), Index Ventures (#1)
Series A/B AgFunder (#2), GV (#2)
Series C+ Syngenta Ventures (#1), Third Point Ventures (#1)
Agrible Jul - 2018
Acq by Nutrien for $63M
OnFarm Systems Jun - 2018
Acq by SWIIMSystem
Mavrx May - 2018
Acq by Taranis
Weather Analytics May - 2018
Acq by Athenium
AgEagle Mar - 2018
Acq by EnerJex
Strider Mar - 2018
Acq by Syngenta
$156k - Series D
PrecisionHawk (2011, Raleigh,
$105M)
$14M - Series A
Sentera (2014, Minneapolis, $22.1M)
$1.1M - Seed
Ignitia (2009, Stockholm, $1.1M)
$2M - Series A
Aerobotics (2014, Cape Town, $2.6M)
$194k - Series D
PrecisionHawk (2011, Raleigh,
$105M)
$14M - Series C
Resson Aerospace (2013,
Fredericton, $28M)
Oct 2018
This Israeli Agritech Startup Combines Sensors, Big Data To
‘Break Ground’ Worldwide, NoCamels
Oct 2018
SA’s Aerobotics launches five new precision agriculture
products, Ventureburn
Oct 2018 Data Drives Customized Crop Insurance Plans, AgProfessional
Oct 2018
Smart Farms Wins Nigeria Innov8Agric Challenge, to
Compete with Other Start-ups for $5,000, Techgist Africa
Oct 2018
MicaSense Releases Revolutionary New Sensor Altum;
Introduces Sensors Powered by DJI SkyPort, PRWeb
Oct 2018
MFA Inc. Announces Expanded Partnership with Adapt-N,
PrecisionAg
Sep 2018
High-tech company celebrating its grand opening in
renovated site in Santa Fe, Albuquerque Journal
Sep 2018
Global Rain Gauge Market Outlook 2018- Caipos GmbH,
Decagon Devices, Inc., Hotraco Agri BV, Martin Lishman Ltd.,
Talk Daily News
Sep 2018
GEOSYS and GLOBAL GIS Collaborate to Add In-Season and
Historical Satellite Imagery into the GIS WebServer
AGROPORTAL, Agropages
Sep 2018
AgDNA and CNH Industrial Partner to Bring AI to
Agriculture, AgFunderNews
Sep 2018
Descartes Labs to Help DARPA Build Geospatial Data
Repository, ExecutiveBiz
Sep 2018
DARPA pledges millions to scour a surge of satellite photos,
Fast Company
Sep 2018
3 SA startups amongst those selected for Nedbank corporate
programme, Disrupt Africa
News
28
15
47
117
326
M&A/IPO
Series C+
Series A+
Funded
Companies
Covered
Funding Funnel
Farm Monitoring & Management: Market Factsheet
49
Exits
Most Active Investors
Recent InvestmentsCompanies developing technology
and tech-enabled products /
services for remote sensing of
crops and soil and business
management software for farms
Farmer's Business Network
(2014, Davenport, $194M)
The Climate
(2006, San Francisco, $109M)
PrecisionHawk
(2011, Raleigh, $105M)
Farmers Edge
(2005, Winnipeg, $44M)
Descartes Labs
(2008, Los Alamos, $38.3M)
Top Companies
#1 Top Markets of Investment Activity
Field Crops > Market Details > Market: Farm Monitoring & Management
Companies Created 326 | Funded 117 | Total Funding $1B
0
20
40
60
$0k
$200M
$400M
2014 2015 2016 2017 2018
Predicted Funding YoY Funding
Rounds Predicted Rounds
YoY Funding and Rounds
Market: Farm Monitoring & Management

Farm Monitoring & Management: Top Companies
Market: Farm Monitoring & Management (1/4)
Analyst’s Pick
Davenport, $194M)
T. Rowe Price, Temasek, Acre Venture Partners and
5 Other Investors
Integrated platform providing hardware and
software for farm and weather data analytics
Founders Fund, Khosla Ventures, New Enterprise
Associates and 15 Other Investors
Analyst’s Pick
Precision agriculture services and data
management
Fairfax Financial Holdings, Mitsui & Co, Kleiner
Perkins, Avrio Capital
FarmLogs (2012, Ann Arbor, $37M)
Develops and offers farm management software
Minicorn. Stage: Series C
Naspers, Drive Capital, Huron River Ventures and
12 Other Investors
Resson Aerospace (2013, Fredericton, $28M)
Customized precision agricultural solutions for
large farming corporations
Editor's Pick. Stage: Series C
Mahindra, McCain, Monsanto and 5 Other Investors
Hortau (2002, San Luis Obispo, $27.4M)
Smart Irrigation Services
Editor's Pick. Stage: Series B
Sustainable Development Technology Canada,
Advantage Capital, Avrio Capital and 5 Other
Investors
Analyst’s Pick
Farmobile (2013, Leawood, $23.6M)
Device for collecting and interpreting agricultural
machinery data in real time
Minicorn. Stage: Series B
Anterra Capital, AmTrust Ag
Sentera (2014, Minneapolis, $22.1M)
Provides complete software & hardware solutions
for precision agriculture & infrastructure
inspections
Editor's Pick. Stage: Series A
S2G Ventures, Continental Grain, Middleland
Capital
Prospera (2013, Tel Aviv, $22M)
Technology solutions for plant health monitoring
Minicorn. Stage: Series B
Qualcomm Ventures, Cisco Investments, Bessemer
Venture Partners and 2 Other Investors
Weather Analytics (2005, Washington D.C.,
$20.5M)
Historical, current and forecast weather conditions
Kinetic Ventures, In-Q-Tel

Analyst’s Pick
aWhere (2007, Golden, $16.6M)
Hyperlocal weather data and recommendation to
farmers
Colorado Office of Economic Development and
International Trade, Elixir Capital, Aravaipa
farm data
Minicorn. Stage: Acquired
Maumee Ventures, Flyover Capital, Serra Ventures
Mavrx (2012, San Francisco, $12.5M)
Real-time data driven drone imagery and
geoanalytics for agriculture
Eclipse, Bloomberg Beta, Visionnaire Ventures and
9 Other Investors
Analyst’s Pick
Skymet Weather (2003, Noida, $11.8M)
Crop insurance and weather forecasting data
services
InsuResilience Investment, Omnivore Partners,
Daily Mail & General Trust
CropX (2013, Tel Aviv, $10.9M)
Integrated smart irrigation system
Minicorn. Stage: Series A
Kreos Capital, Robert Bosch Venture Capital, Flex
Lab IX and 5 Other Investors
Taranis (2014, Tel Aviv, $9.5M)
Data analytics platform for weather and field ops
level risk mitigation
Finistere Ventures, Vertex Ventures, Mindset
ventures and 6 Other Investors
MicaSense (2013, Seattle, $9.4M)
Sensor technologies for UAVs to offer agricultural
remote sensing applications
Parrot
Analyst’s Pick
solution
Thrive Agtech, Middleland Capital, S2G Ventures
CropIn (2010, Bangalore, $3.5M)
Farm management solutions
Ankur Capital, Beenext, BSP Fund and 6 Other
Investors
American Robotics (2012, Boston, $3.1M)
Drone based monitoring and mapping for
agriculture
Editor's Pick. Stage: Seed
Brain Robotics Capital, USC
Tellus Labs (2016, Boston, $3.1M)
Software platform for analytics on data from
satellite imagery
IA Ventures, Project 11 Ventures, Founder
Collective and 2 Other Investors

Analyst’s Pick
Aerobotics (2014, Cape Town, $2.6M)
Develops and offers a software for drone-based
imagery and analytics
Nedbank, AgFunder, Joe Caruso and 7 Other
Investors
AgNext (2015, Mohali, $2.2M)
Farm data collection using satellite, drones and
field sensors and analytics on the same
Omnivore Partners, Samir Kumar, AIDEA, NAARM
Mesur.io (2016, Raleigh, $2.2M)
Sensor platform for capturing & analyzing data
Techstars, The Launch Place, Geekdom Fund
OnFarm Systems (2012, Fresno, $1.3M)
Farm data (imagery, soil, weather) acquisition and
analysis
500 Startups, Maxfield Capital, AgFunder and 3
Other Investors
Analyst’s Pick
FluroSat (2016, Sydney, $1.1M)
NanoSatellite solution for crop health imaging and
generation of variable rate scripts
CSIRO, AirTree Ventures
Yuktix (2013, Bangalore, $133k)
Technology sensor products for remote monitoring
and control of devices
Akshay Ranjan Chaurasia, Anumolu Sridhar Babu,
Rajiv Singh and 11 Other Investors
FarmerLabs (2016, Paris)
Software platform for automated diagnostic using
various image sources
Editor's Pick. Stage: Unfunded
Geabit (2016, Trikala)
Integrated platform for real-time monitoring of
farms and data analytics
Analyst’s Pick
NubeSol (2015, Bangalore)
Sensor based technology solutions for sugarcane
farming in India
Menterra Venture Advisors, Artha Platform, Villgro
Innovations Foundation
SenseAg (2016, Melbourne)
Cloud based software for farm data and analytics
Editor's Pick. Stage: Funded
Solinftec (2007, Aracatuba)
Automation of agricultural logistics processes
AgFunder, TPG
Trigger Systems (2016, Lisbon)
Developer of software platform for farm data
capture, analytics and interaction with on-field
hardware
Editor's Pick. Stage: Funded
Building Global Innovators, Portugal Ventures

Analyst’s Pick
Visual Farms (2008, Fort Collins)
Develops software platform leveraging machine
learning for precision agriculture

Note: Overall Rating is a combination of Funding and Team rating, along with Execution, Size and Growth metrics
54
Farm Monitoring & Management: Leaderboard
Better than Market Average
Market: Farm Monitoring & Management
Overall
Rating
Company
Name
Foun
ded
Year
Location Stage Funding Team
Execution Quality Size Metrics 6M Growth Metrics
App
Rating
App
UX
Web
UX
News
Web
Traffic
Rank
Social
Follow
ing
Mobile
Downl
oads
# App
Revie
ws
Web Traffic
Rank
Mobile
Downloads
Social
Following
Δ % Δ % Δ %
5.0
Skymet
Weather
2003 Noida Series C $11.8M 5 4 - 3 3 34k 41k 325k 3.4k -53k -62% 840 34% 12.2k 41%
5.0 Agrible 2012 Champaign Acquired $14.4M - 4 4 4 13 2.1M 2.2k 36k 64 -1.1M -32% 12 21% 441 25%
5.0 CropIn 2010 Bangalore Series A $3.5M 4 5 3 3 1 960k 2k 15k 133 - - 20 74% 143 8%
5.0
Farmer's
Business
Network
2014 Davenport Series D $194M - 5 - - 13 565k 8.2k 6k 12 202k 50% 5 59% 1.1k 15%
4.9 Farmers Edge 2005 Winnipeg Series C $44M - 5 - - 19 1.9M 12k 3k 21 989k 92% 7 42% 1.1k 9%
4.9 itk 2003 Clapiers Seed $1.1M - 5 3 4 - 7.1M 463 750 2 5M 180% - - 61 15%
4.9 KisanHub 2012 Cambridge Seed $3.4M - 5 - - 3 3M 1.4k 4k 94 2M 55% 45 89% 191 17%
4.9 The Climate 2006
San
Francisco
Acquired $109M - 4 - - 21 413k 16k 330k 1.8k -84k -17% 1.1k 145% 1.3k 8%
4.9 BoosterAgro 2015
Buenos
Aires
Unfunded - - 5 - 4 - 1.5M 1.4k 30k 286 -374k -20% 105 54% 590 65%
4.9 Dacom 1987 Groningen Unfunded - - 4 4 4 - 2.8M 542 10k 22 3M 289% 3 32% 31 6%
4.8 PrecisionHawk 2011 Raleigh Series D $105M - 4 - - 20 279k 12k 75k 355 26k 10% 51 16% 763 6%
4.8 Taranis 2014 Tel Aviv Series A $9.5M - 5 - - 5 2.1M - 3k 23 884k 59% 2 9% - -
4.8 Mavrx 2012
San
Francisco
Acquired $12.5M - 5 - - 3 3M 1.4k 750 3 3M 130% - - 1 -
4.8 CropX 2013 Tel Aviv Series A $10.9M 3 4 - - 5 2M 680 750 11 -321k -16% 2 14% 111 19%

Incubators Villgro Innovations Foundation (#2), Venture Kick (#1)
Seed First Round Capital (#1), Qualcomm Ventures (#1)
Series A/B Capagro (#1), Zurcher Kantonalbank (#1)
Series C+ Yuanda China (#1), Victoria Capital Partners (#1)
Blue River Technology Sep - 2017
Acq by John Deere for $305M
Mueller Electronics May - 2017
Acq by Trimble Navigation
Blossom Dec - 2016
Acq by Scotts Miracle-Gro
Hydrawise May - 2016
Acq by Hunter Industries
PureSense Feb - 2015
Acq by Jain Irrigation
$3.5M - Seed
Bear Flag Robotics (2017, Sunnyvale,
$4.5M)
$1.3M - Seed
Harvest Croo Robotics (2013,
Tampa, $2.3M)
$5M - Seed
Smart Ag (2015, Ames, $5M)
$10.7M - Series B
ecoRobotix (2011, Yverdon-les-bains,
$13.8M)
$20M - Series B
Soft Robotics (2013, Cambridge,
$25M)
$250k - Seed
Dropcopter (2015, San Francisco,
$250k)
Oct 2018
Marine Engines Market to See 4%+ CAGR to 2024|
Brunswick Corporation, John Deere, Wärtsilä, Cummins Inc.,
Scania Group, Rolls-Royce Marine and 13 Other Companies
Profiled, PRWeb
Oct 2018
Gary Anderson Appointed to President of Clean Seed Capital
Group, The Newswire
Oct 2018
Global Articulate Dump Truck (ADT) Market 2018 : Volvo,
Caterpillar, John Deere, Doosan Equipment, Terex Trucks,
Bell Equipment, Komatsu, Hitachi, Talk Daily News
Oct 2018
Swift Navigation Introduces Starling, a GNSS Positioning
Engine, and Interoperability with STMicroelectronics’
TeseoAPP and TeseoV Automotive-Grade GNSS Chipsets,
GlobeNewswire
Oct 2018
Global Tractor Engines Market 2018-2022 with Cummins,
Deere & Company, FPT Industrial, Kohler, Mahindra &
Mahindra & Perkins Engines Company Dominating -
ResearchAndMarkets.com, Business Wire
Oct 2018
World's 7 Leading Construction Equipment Manufacturers
2018-2023: Comparative SWOT & Strategy Focus of
Caterpillar, CNH Industrial, Hitachi, John Deere, Komatsu,
Liebherr & Volvo, PR Newswire
Oct 2018
Deere Construction and Forestry President Max A. Guinn to
Retire, Construction Equipment
Oct 2018
Deere Introduces On-Board Grade Indication on G-Series
Loaders, RER
Oct 2018 Escorts Tractor Sales Up 2.5% In September, BTVI
Sep 2018
Rachio 3 sprinkler controller adds support for Apple's
HomeKit, AppleInsider
News
20
9
20
62
199
M&A/IPO
Series C+
Series A+
Funded
Companies
Covered
Funding Funnel
Field Operations: Market Factsheet
55
Exits
Recent InvestmentsCompanies developing
mechanized, semi-autonomous or
autonomous products and
providing services for soil
preparation, irrigation,
agrochemical application, scouting
and harvest of crops
AutoAgronom
(1988, Yokneam Illit, $180M)
Grupo Los Grobo
(1984, Carlos Casares, $100M)
AgJunction
(2008, Hiawatha, $60.5M)
Swift Navigation
(2012, San Francisco, $47.6M)
Harvest Automation
(2007, Billerica, $27.9M)
Top Companies
Field Crops > Market Details > Market: Field Operations
Companies Created 199 | Funded 62 | Total Funding $600M
0
5
10
15
$0k
$100M
$200M
$300M
2014 2015 2016 2017 2018
Market: Field Operations

Field Operations: Top Companies
Market: Field Operations (1/2)
Analyst’s Pick
AgJunction (2008, Hiawatha, $60.5M)
Hardware and software integrated systems for
precision agriculture
Patricia Industries, Sierra Ventures
receivers
Soonicorn. Stage: Series B
Harvest Automation (2007, Billerica, $27.9M)
Robot for automating labor intensive agricultural
tasks
Editor's Pick. Stage: Series C
Thrive Agtech, Founder Collective, Life Sciences
Partners and 3 Other Investors
Soft Robotics (2013, Cambridge, $25M)
Manufactures robotic grippers and control system
Hyperplane Venture Capital, Scale Venture
Partners, Honeywell and 8 Other Investors
Analyst’s Pick
Rachio (2012, Denver, $20.2M)
Smart spinkler contoller
Eastside Partners, Arborview Capital, eLab
ecoRobotix (2011, Yverdon-les-bains, $13.8M)
Autonomous robotic technology-based machines
for agriculture
Capagro, BASF, Investiere and 2 Other Investors
Wingtra (2015, Zurich, $10M)
Developer of drones for inspection primarily in
agriculture
Bear Flag Robotics (2017, Sunnyvale, $4.5M)
Self-driving technology for tractors
True Ventures, Y Combinator, Trucks Venture
Analyst’s Pick
Blossom (2014, Irvine, $4M)
Smart watering device
WI Harper Group, Innoventure Partners
Harvest Croo Robotics (2013, Tampa, $2.3M)
Develops an autonomous strawberry picking
platform
National Science Foundation
Aarav Unmanned Systems (2013, Bangalore,
$748k)
Quadrotor drone system for various purposes
GrowX Venture Management, 500 Startups,
BELLWETHER and 9 Other Investors
Dropcopter (2015, San Francisco, $250k)
Developer of system for autonomous UAV
operations
Genius NY

Field Operations: Top Companies
Market: Field Operations (2/2)
Analyst’s Pick
agriculture
Pontifax Agtech, Syngenta Ventures, Monsanto and
6 Other Investors
Manufacturer and distributor of precision no-till
seeding farm machinery
Eleos Robotics (2016, Surrey)
Development of robots for killing weeds and pests
in farms
FFRobotics (2014, Tel Mond)
Robotic fruit picker for orchards
Analyst’s Pick
Northstar Robotics (2016, Winnipeg)
Developing solutions for making on-field robotic
systems autonomous
Robotics Plus (2013, Tauranga)
Robotic machines for horticulture produce
handling
Yamaha Motor Ventures & Laboratory Silicon
Valley
SkyX (2016, Tel Aviv)
Technology to convert drones into autonomous
sprayers
Rimonim Fund

58
Field Operations: Leaderboard
Market: Field Operations
Overall
Rating
Company
Name
Foun
ded
Year
App
Rating
App
UX
Web
UX
News
Web
Traffic
Rank
Social
Follow
ing
Mobile
Downl
oads
# App
Revie
ws
Web Traffic
Rank
Mobile
Downloads
Social
Following
Δ % Δ % Δ %
5.0 Escorts 1960 Faridabad Public - - 4 - - 41 391k 2k 3k 14 -47k -11% 1 3% 224 13%
5.0 Rachio 2012 Denver Series C $20.2M - 4 - - 9 120k 3.6k 300k 825 -30k -18% 201 32% 307 9%
4.9 RevoTree 2016 Milan Funded - - 5 - - - 2.3M 155 30 2 9M
1029
%
- - 40 32%
4.9
Escorts
Limited
1960 Faridabad Public - - 5 - - - 7.6M 1.8k 4k 24
-
11.3M
-64% 7 39% 222 13%
4.9 John Deere 1837 Moline Acquired - - 4 3 4 99 16k - 957k 2.5k 1k 2% 162 8% - -
4.9
Hardi
International
1957
Guldborgsu
nd
Unfunded - - 4 4 4 2 3.1M 1.2k 750 3 -400k -13% 1 18% 11 1%
4.8 DigiFarm 2011 Monticello Unfunded - - 4 - - 1 4.3M 719 3k 10 4M 114% 1 5% 43 6%
4.8 Blossom 2014 Irvine Acquired $4M - 3 - - - 3.9M 854 8k 113 960k 35% 4 3% -21 -2%
4.8 MyWay RTK 2010 Effingham Unfunded - - 4 - - - 10M 492 300 4 7M 70% 1 33% 23 5%
4.8 Hydrawise 2011 Melbourne Acquired - - 4 - - - 327k - 30k 174 -293k -48% 68 62% - -
4.7
MachineryGuid
e
2014 Budapest Unfunded - - 4 - - - 7.7M 23 76k 429 -135k -2% 9 2% 2 10%
4.7 SkyDrones 2008
Porto
Alegre
Unfunded - - 4 - - - 4.7M 65 3k 28 8M 152% 9 43% - -
4.7 AgSense 2003 Huron Unfunded - - 4 - - - 7.4M 589 8k 46 - - - - 90 18%
4.7 Smart Farm 2013
Nicholasvill
e
Seed $2.2M - - - 4 1 5.8M 277 - - 2M 30% - - 46 19%

Incubators
Seed
Series A/B Syngenta Ventures (#2), Otter Capital (#2)
Series C+
Fidelity Investments (#1), Investment Corporation of Dubai
(#1)
FMC Corporation Aug - 2017
Acq by DuPont for $1.6B
Syngenta Feb - 2016
Acq by ChemChina for $43B
Arcadia Biosciences May - 2015
IPO'd on NASDAQ
Devgen Dec - 2013
Acq by Syngenta for $554M
Marrone Bio Innovations
Aug - 2013
IPO'd on NASDAQ
Fertoz Feb - 2013
IPO'd on ASX
National Fertilizers Dec - 2006
IPO'd on NSE
$250M - Series E
$65M - Series C
$10M - Series D
$14.7M - Series C
$47M - Series D
$156M - Series D
Oct 2018
Arcadia Biosciences Receives US Patent for Extended Shelf
Life Wheat Trait Designed to Increase Whole Grain
Consumption and Minimize Waste, Business Wire
Oct 2018
Syngenta Seeds to move its Minnetonka office to downtown
Minneapolis, Agropages
Oct 2018
Fertoz non-executive directors’ stakes now at $3.3 million,
Proactive Investors
Oct 2018
Glufosinate Market Share, Growth Analysis And Trends
Forecast To 2024, The Camping Canuck
Oct 2018
Global Soil Amendment Market 2018 – BASF SE, Syngenta
AG, Novozymes A/S, DOW Chemical Company, Adeka
Corporation, Solvay S.A., Talk Daily News
Oct 2018
Flagship Pioneering GP Martinez: We’ve Benefitted from
Mega-Mergers in Agriculture, AgFunderNews
Oct 2018
Lithium Remains in Record High Demand Based on Booming
EV Revolution, PR Newswire
Sep 2018
Fertoz wins first organic fertiliser order in New Zealand,
directors exercise options, Tech Capital
Sep 2018
On-Board Planter Tech Opens New Application Windows,
AgProfessional
Sep 2018
Indigo Agriculture sees a future where microbe-implanting
tech could potentially banish Salmonella from snacks,
BakeryandSnacks
Sep 2018
Indigo raises $250M, launches marketplace to help farmers
get paid for quality grain, TechCrunch
Sep 2018
Lithium producer Albemarle eyes buying rival if IPO
stumbles - source, Reuters
News
10
7
7
11
45
M&A/IPO
Series C+
Series A+
Funded
Companies
Covered
Funding Funnel
Crop Protection & Nutrition: Market Factsheet
59
Exits
Recent InvestmentsCompanies developing
agrochemicals and other
consumables for mitigation
against biotic and abiotic stresses
of crops and improving the yield
Indigo
AgBiome
(2012, Raleigh, $117M)
NewLeaf Symbiotics
(2012, St. Louis, $78M)
Agrinos
(2009, Lysaker, $41.7M)
BioConsortia
(2014, Davis, $33M)
Top Companies
Field Crops > Market Details > Market: Crop Protection & Nutrition
Companies Created 45 | Funded 11 | Total Funding $2.5B
0
5
10
$0k
$500M
$1.B
2014 2015 2016 2017 2018
Market: Crop Protection & Nutrition

Crop Protection & Nutrition: Top Companies
Analyst’s Pick
Unicorn. Stage: Series E
Alaska Permanent Fund and 4 Other Investors
agrochemicals
UTIMCO, Fidelity Investments, Polaris Partners and
8 Other Investors
crops
S2G Ventures, Lewis & Clark Ventures, RockPort
Analyst’s Pick
Minicorn. Stage: Public
EuroChem, Manor Group, Syngenta Ventures
Minicorn. Stage: Series D
Khosla Ventures, Otter Capital, Square 1 Bank

61
Crop Protection & Nutrition: Leaderboard
Overall
Rating
Company
Name
Foun
ded
Year
App
Rating
App
UX
Web
UX
News
Web
Traffic
Rank
Social
Follow
ing
Mobile
Downl
oads
# App
Revie
ws
Web Traffic
Rank
Mobile
Downloads
Social
Following
Δ % Δ % Δ %
5.0 Syngenta 2000 Basel Acquired - - 4 4 4 157 179k 96k 5k 56 -23k -11% 1 2% 5.1k 5%
4.9
FMC
Corporation
1883
Philadelphi
a
Acquired - - 4 - 4 79 424k 1.8k 4k 18 34k 9% - - 372 27%
4.8
Heads Up Plant
Protectants
2017 Saskatoon Unfunded - - - - 4 - - 333 - - - - - - 105 42%
4.7 Ferm O Feed 1996 Schijndel Unfunded - - - 2 3 - 3.7M 293 - - 2M 68% - - 13 4%
4.5 AgBiome 2012 Raleigh Series C $117M - - - - 6 610k 938 - - -160k -21% - - 129 16%
4.4 BioMix 2010 Bakersfield Unfunded - - - - 4 - - 12 - - - - - - 1 2%
4.3 Crop Smart 2006 Adelaide Unfunded - - - 3 4 - 10M 1.3k - - -482k -3% - - 106 9%
4.2 Stoller USA 2002 Houston Unfunded - - - - 4 1 1.7M 931 - - -844k -34% - - 58 7%
4.1 Sumagrow 2010 Hattiesburg Unfunded - - - - 4 - 2.8M 90 - - 377k 15% - - 3 3%
4.0
Universal
Biosecurity
2015 Cottesloe Public - - - - 2 - 10M 28 - - - - - - 5 19%
3.8
IFFCOMC Crop
Science
2015 Delhi Unfunded - - - - 3 - 8.4M 672 - - 13M 302% - - 43 7%
3.7 BioConsortia 2014 Davis Series D $33M - - - - 3 3.2M - - - 187k 5% - - - -
3.6
National
Fertilizers
1974 Noida Public $1.4B - - - - 8 91k - - - -1k -1% - - - -
3.5
Power Yield
Plus
2017 Las Vegas Unfunded - - - - 4 - - 6 - - - - - - - -

Field Crops > Market Details > Market: Produce Value Chain
Companies Created 141 | Funded 71 | Total Funding $2.6B
Market: Produce Value Chain

Field Crops > Market Details > Market: Finance
Companies Created 35 | Funded 16 | Total Funding $60.6M
Market: Finance

Market: Finance

Field Crops > Market Details > Market: Farm Business Management
Market: Farm Business Management

Market: Farm Business Management (1/2)

Market: Farm Business Management (2/2)

Market: Farm Business Management

Field Crops > Market Details > Market: Crop Genetics
Market: Crop Genetics

Field Crops > Market Details > Market: Inputs Market
Companies Created 27 | Funded 9 | Total Funding $37.8M
Market: Inputs Market

Public Companies
Contents
Feed Summary
Investment Trend
Market Details
Exit Outlook
Investors
News
Appendix
78
Notable Acquisitions
Top Acquirers
Acqui-hires

Public companies (1/6)
80
Performance indicators of public companies in Field Crops
IPO Date Company
Current
MCap
IPO
Mcap
Revenue P/E
Exchange
Ticker
Aug 2017
RiceBran Technologies (2005, Scottsdale)
Develops chemical and nutritional products from rice bran
$65M $39.4M NASDAQ:RIBT
May 2015
Arcadia Biosciences (2002, Davis)
Development of agri input products using biosciences
$22.8M $3.2M NASDAQ:RKDA
Aug 2013
Marrone Bio Innovations (2006, Davis)
$202M $219M $14B NASDAQ:MBII
Jul 2013
Kitokushinkate Group (2000, Tokyo)
Integrated company in processing, supply, and distribution of rice
and its value added products
$875M TYO:2700
Feb 2013
Amatheon Agri (2013, Berlin)
Manages complete value chain of field crops and livestock animals
$2.9M
EURONEXT:MLA
AH
Feb 2013
Fertoz (2010, Brisbane)
Manufacturer and supplier of organic fertilizers
$17.7M $9.3M $753k ASX:FTZ
Oct 2012
Amira Nature Foods (2001, Delhi)
Production and marketing of agri products and oils
$66.3M $357M $552M NYSE:ANFI
Sep 2011
Manufacturer and distributor of precision no-till seeding farm
machinery
$17.1M $1.1M $812k CVE:CSX
Nov 2010
Mewah Group (1950, Semenyih)
Vertically integrated agri-business company focused on edible oil
processing
$1.3B $3B SGX:MV4
Field Crops > Exit Outlook > Public Companies

81
IPO Date Company
Current
MCap
IPO
Mcap
Revenue P/E
Exchange
Ticker
Jun 2010
S&W Seed Company (2010, Fresno)
Breeding, commercial production and marketing of alfalfa and stevia
seeds
$70.6M $63.8M $96M NASDAQ:SANW
Jun 2010
China New Borun (2000, Weifang)
Producer and distributor of corn based alcohol
$33.7M $180M $307M 1.31 NYSE:BORN
Mar 2010
AgroGeneration (2007, Kyiv)
Field crops cultivation, harvest and supply
EURONEXT:ALA
GR
Oct 2007
Kaveri Seeds (1986, Secunderabad)
Produces and supplies hybrid seeds
$475M $58.7M $114M 20.36 NSE:KSCL
May 2007
BISI International (1983, Surabaya)
Manufacturer and supplier of hybrid seeds
$325M $137M 15.19 IDX:BISI
Dec 2006
National Fertilizers (1974, Noida)
PSU, Manufacturer and Supplier of Fertilizers
$247M $1.2B 9.21 NSE:NFL
Dec 2006
LT Foods (1990, Gurgaon)
Processing and marketing of branded and non-branded basmati rice
and rice food products
$188M $513M 8.78 BOM:532783
Aug 2001
Bunge (1818, White Plains)
Vertically integrated agribusiness for agro-processing and supply of
sugar, food ingredients, and farm inputs
$9.6B $42.7B NYSE:BG

82
IPO Date Company
Current
MCap
IPO
Mcap
Revenue P/E
Exchange
Ticker
Oct 2000
Emmsons International (1993, Delhi)
Production and physical trading of agri commodities
$682k $248M BOM:532038
Apr 1999
Xinjiang Tarim Agriculture Comprehensive
Development (1999, Xinjiang)
Integrated business of cultivation and supply of rice & other
commodities in China
$5.3M CH
Mar 1998
GrainCorp (1916, Sydney)
Manages grain handling, storage and supply chain
$1.3B $85.7M $3.6B 26.93 ASX:GNC
Oct 1996
Agrium (1931, Calgary)
Production of fertilizers and retail of agriculture supplies
$13.7B NYSE:AGU
Feb 1996
Great Eunrich (1982, Tainan)
Manufacture, processing, and distribution of food and oil products
$513M 18.14 TPE:1232
Mar 1995
$965M $658M NSE:ESCORTS
Jun 1987
Samyang Genex Corporation (1964, Seoul)
Corn processing for manufacturing of ingredients for food and other
industries
3940
Dec 1953
Mitsui Sugar (1947, Chuo)
Manufactures and markets sugar
$991M TYO:2109
May 1949
Nitto Fuji Flour Milling (1914, Tokyo)
Manufacturer and supplier of wheat flour and its products
TYO:2003

83
IPO Date Company
Current
MCap
IPO
Mcap
Revenue P/E
Exchange
Ticker
Nutrien (2018, Saskatoon)
Manufacturer and supplier of farm inputs
NYSE:NTR
Bonifiche Ferraresi (1871, Jolanda Di Savoia)
$281M BIT:BFG
Mriya (1992, Ternopil)
Agribusiness with operations across cultivation, seed production,
grain storage and livestock animal rearing
AgJunction (2008, Hiawatha)
Hardware and software integrated systems for precision agriculture
Agrinos (2009, Lysaker)
CRAiLAR Fiber Technologies International (1998,
Vancouver)
Developed technology to produce fiber from flax & industrial hemp
EWA (2006, Kaunas)
Supplier of agricultural machinery and equipment
CHS (1996, Inver Grove Heights)
Vertically integrated business for grain processing, marketing,
supply of farm inputs, energy products, and corporate financial
services
Marusanai (1952, Okazaki)

84
IPO Date Company
Current
MCap
IPO
Mcap
Revenue P/E
Exchange
Ticker
Raisio (2009, Raisio)
Vertically integrated business for grain-based consumer products,
grain trading, and supply of animal feeds
$459M HEL:RAIVV
Sudzucker (1926, Mannheim)
Manuafctures and supplies sugar
SZU
Tumosan (1976, Istanbul)
Manufacturer and supplier of agricultural farm machinery
IST:TMSN
Ag Growth International (2012, Winnipeg)
Manufactures grain handling equipment
AGT Foods (2007, Regina)
Upstream processing and supply of pulses
Tytan Tractor (2003, Chehalis)
Manufacturer and supplier of farm machinery in USA
Vilmorin & Cie (1743, Gerzat)
Production and marketing of vegetable seeds
RIN
Escorts Limited (1960, Faridabad)
Farm machinery manufacturer and supplier in India
Loulis Mills (1782, Almyros)
Produces and supplies flour
ATHEX:KYLO
Agripure Holdings (1993, Pathum Thani)
Manages processing operations and supply chain of sweet corn and
fruits and vegetables
$43.6M BKK:APURE

85
IPO Date Company
Current
MCap
IPO
Mcap
Revenue P/E
Exchange
Ticker
Yang Lin Soybean (2008, Zhongshan)
Manufacturer and seller of value-added soybean products
Universal Biosecurity (2015, Cottesloe)
Developing fumigation technology for food and agricultural sector
ASX:UBL
Black Earth Farming (2005, Saint Helier)
Cultivator and harvester of grains, oilseeds and potatoes in Russia
$76M STO:BEF SDB
Kepenos Flour Mills (2011, Patras)
Producer and seller of flours
$35M ATHEX:KEPEN
Winall Hi-Tech Seed (2002, Hefei)
Development of hybrid seeds of rice and other agricultural
commodities
Asia BioChem (2006, Shenyang)
Processing of corn to supply ingredient products to many industries

Notable Acquisitions (1/7)
86
Notable Acquisitions in Field Crops
Field Crops > Exit Outlook > Notable Acquisitions
2018 YTD
Acquirer: Archer Daniels Midland
Company
Algar Agro (1978, Uberlandia)
Acquirer: Perdue Farms
Cargill (1865, Minneapolis)
Agribusiness conglomerate with major interests in
agro processing and trading
Acquirer: Nutrien Deal: $63M
farm data
Acquirer: SWIIMSystem
OnFarm Systems (2012, Fresno, $1.3M)
Farm data (imagery, soil, weather) acquisition and
analysis
Acquirer: Taranis
Mavrx (2012, San Francisco, $12.5M)
Real-time data driven drone imagery and
geoanalytics for agriculture
2018 YTD
Acquirer: Palindromes
eMerge Genetics (2008, West Des Moines)
Development and supply of non-GMO seeds of corn
and soybean
Acquirer: Athenium
Weather Analytics (2005, Washington D.C.,
$20.5M)
Historical, current and forecast weather conditions
Acquirer: Landus Cooperative
Archer Daniels Midland Company (1902,
Chicago)
Agribusiness conglomerate with focus on grain
procurement, processing, trading and marketing
Acquirer: EnerJex
AgEagle (2013, Neodesha)
Crop scouting drone for precision agriculture
Acquirer: Syngenta
Strider (2013, Belo Horizonte, $5.1M)
Mobile application and big data based pesticide
control system
2018 YTD
Acquirer: Syngenta
FarmShots (2014, Durham, $1.1M)
Analytics suite for precision agricutlure based on
satellite imagery
Acquirer: Proagrica
SST Software (1994, Stillwater)
Provides precision agriculture tools which assist in
making farm management decisions
Acquirer: DLF
GAPP (1999, Pergamino)
Manufactures and supplies seeds

87
2017
Acquirer: GEA Group
Pavan (1946, Galliera Veneta)
Develops technologies and product lines for cereal-
based food
Acquirer: Yara International
Adapt (2013, Ithaca, $2.2M)
Online tool for managing nitrogen inputs for crops
Acquirer: EFC Systems
AgSolver (2013, Ames)
Agri business planning tools using decision sciences
Acquirer: John Deere Deal: $305M
agriculture
Acquirer: DuPont Deal: $1.6B
2017
Acquirer: DuPont Deal: $300M
SaaS based Farm management and analytics
software
Acquirer: AGCO
Precision Planting (1995, Tremont)
Monitoring and cloud solutions for precision
planting
Acquirer: Trimble Navigation
Mueller Electronics (1977, Salzkotten)
Development and marketing of control devices for
farm machinery
Acquirer: The Climate
HydroBio (2011, Denver, $139k)
SaaS based system for precision water deployment
and crop monitoring
Acquirer: Jain Irrigation
Observant (2003, Fitzroy)
Telemetry services for farmers
2017
Acquirer: Trimble Navigation
Agri-Data Solution (2009, Calgary)
Farm management and CRM solution for farmers
and agribusinesses

88
2016
Acquirer: Where Food Comes From
Deal: $2.8M
SureHarvest (1999, Soquel)
Resource management software for farmers and
agribusinesses
Acquirer: Scotts Miracle-Gro
Blossom (2014, Irvine, $4M)
Smart watering device
Acquirer: The Climate
VitalFields (2011, Tallinn, $2.2M)
Software package for farm field management over
cloud
Acquirer: Bayer Deal: $63B
Monsanto (1901, St. Louis)
Production of genetically modified seeds
Acquirer: Land OLakes Deal: $17.2M
Ceres (1996, Thousand Oaks, $172M)
Developer of traits and GM seed varieties of
sorghum and other biofuel crops
2016
Acquirer: Grain Growers Limited
PASource (2011, Melbourne)
Integrated aerial imagery services and software
platform for crop planning and monitoring
Acquirer: Hunter Industries
Hydrawise (2011, Melbourne)
WiFi enabled irrigation controller
Acquirer: DLF
Estero (2002, Montevideo)
Produces, develops, and markets field crop seeds
Acquirer: Rivulis Irrigation Deal: $765k
Agam Advanced Agronomy (2005, Afula)
Remote sensing and data analytics for precision
agriculture
Acquirer: Ritchie Bros. Auctioneers
Deal: $26.7M
Mascus (2001, Amsterdam)
Online marketplace for used equipment
2016
Acquirer: The Sunshine
PressureNet (2011, Toronto)
Crowdsourced weather data from mobile sensors
Acquirer: ChemChina Deal: $43B

Tracxn - Field Crops Startup Landscape

Tracxn - Field Crops Startup Landscape

Recommended

Recommended

More Related Content

What's hot

What's hot (20)

Similar to Tracxn - Field Crops Startup Landscape

Similar to Tracxn - Field Crops Startup Landscape (20)

More from Tracxn

More from Tracxn (20)

Recently uploaded

Recently uploaded (20)

Tracxn - Field Crops Startup Landscape