How “Food is Medicine” Could Change Food and Farm Economics with Brad McNamara
“Food is Medicine” is extremely popular right now, and a few facts suggest it might be more than just a trend. The U.S. alone spends something like $1.5 trillion annually on diet-related diseases, and key issues like diabetes, hypertension, heart disease, and other diseases are on the rise around the world. There are costly interventions available to manage many of these problems, but an increasing body of research suggests that some of the least invasive (and most affordable) interventions don’t come in a pill or vial, but in a grocery basket. Agrifood tech is definitely not sitting on the sidelines. We’re seeing a new wave of startups emerging in this space, building on the lessons of food businesses of the past. To explore this trend, we spoke with one such founder– Brad McNamara, CEO and Founder at Morrissey Market, a “food is medicine” distribution startup. Brad was formerly at Freight Farms, a vertical farming company that strove to sell, not the produce, but the farm itself, in the form of a tech-enabled shipping container-sized farm.For more information and resources, visit our website. The information in this post is not investment advice or a recommendation to invest. It is general information only and does not take into account your investment objectives, financial situation or needs. Before making an investment decision you should seek financial advice from a professional financial adviser. Whilst we believe the information is correct, we provide no warranty of accuracy, reliability or completeness.
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Is AI the Secret to Next Gen Soil Sampling? with Jack Oslan and Nate Storey
Finding the right solution often starts with finding many, many wrong solutions. When it comes to some of agtech's most beguiling challenges, like real-time, granular soil testing, many startups have found the wrong solution– either ones that simply don’t work, don’t work at the right price, or don’t work in a way that makes them useful enough. But just because a problem hasn’t been solved yet doesn’t mean it’s unsolvable! And with the recent leaps made in artificial intelligence, a new startup– Soil Action– is taking another crack at this problem, hoping that a novel approach will help align the stars of effectiveness, usefulness, and affordability. The co-founders at Soil Action, Jack Oslan and Nate Storey, also know a thing or two about tackling big challenges in agtech. They both were also co-founders at vertical farming startup Plenty, and this week, in addition to hearing about Soil Action, we’ll also hear about lessons learned from that journey. For more information and resources, visit our website. The information in this post is not investment advice or a recommendation to invest. It is general information only and does not take into account your investment objectives, financial situation or needs. Before making an investment decision you should seek financial advice from a professional financial adviser. Whilst we believe the information is correct, we provide no warranty of accuracy, reliability or completeness.
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Making Sense of Recent AgTech Acquisitions with Shane Thomas
Despite a persistent sense of uncertainty in the AgTech market lately, we’re still seeing startups get acquired– even if information about those acquisitions is opaque. Case in point: Syngenta recently purchased Intrinsyx Bio, a biologicals company, for an undisclosed sum. Why do companies conceal this information? And in this moment when everyone has their eyes peeled for some indication of where the market is headed, what can we learn from exits? Sarah sits down this week with Tenacious Ventures’ Matthew Pryor and Shane Thomas, author of Upstream Ag Insights, to do a deep dive into the latest news and discuss what it all means. For more information and resources, visit our website. The information in this post is not investment advice or a recommendation to invest. It is general information only and does not take into account your investment objectives, financial situation or needs. Before making an investment decision you should seek financial advice from a professional financial adviser. Whilst we believe the information is correct, we provide no warranty of accuracy, reliability or completeness.
We tell the stories of innovators at the intersection of agriculture and technology to answer the question: what really is agtech and why should you care?