Two global agri-food tech investors—Astanor in Brussels and Cibus Capital in the U.K.—led the investment in the Salmon Arm, B.C.-headquartered company. Existing investors, including InBC, Emmertech, BDC’s Industrial Innovation Fund and Jim Richardson Family Office, also participated in the round, in addition to new investor Voyager Capital. (The Logic)
Skip to content
Two global agri-food tech investors—Astanor in Brussels and Cibus Capital in the U.K.—led the investment in the Salmon Arm, B.C.-headquartered company. Existing investors, including InBC, Emmertech, BDC’s Industrial Innovation Fund and Jim Richardson Family Office, also participated in the round, in addition to new investor Voyager Capital. (The Logic)
Talking point: 4AG Robotics creates fully autonomous robots that can harvest, trim and pack mushrooms, using suction grippers, AI-powered computer vision and motion control to complete what is otherwise an intensive manual process. The investment will help the company “meet surging global demand” for robotic harvesting. It has already expanded to Ireland and Australia, with plans to push into the Netherlands and the U.S., according to a press release. 4AG (pronounced “forage”) raised a $17.5 million equity financing round in 2023 and has raised a total of $57.5 million over the past two years.
Loading...
Thanks for sharing!
You have shared 5 articles this month and reached the maximum amount of shares available.
CloseThis account has reached its share limit.
If you would like to purchase a sharing license please contact The Logic support at [email protected].
CloseGift the full article!
You have gifted 0 article(s) this month and have 5 remaining.
Recipients will be able to read the full text of the article after submitting their email address. They will not have access to other articles or subscriber benefits.
Most Popular This Week
In-depth, agenda-setting reporting
Great journalism delivered straight to your inbox.
News
Canada’s new AI strategy aims to boost firms selling overseas
Briefing
Anthropic says world needs option to slow AI development, as models learn to self-improve
Ottawa taps the brakes on efforts to speed up project permitting
Kevin O’Leary scales back Wonder Valley Utah plans after objections from a key state legislator
Best business newsletter in Canada
Get up to speed in minutes with insights and analysis on the most important stories of the day, every weekday.
Exclusive events
See the bigger picture with reporters and industry experts in subscriber-exclusive events.
Membership in The Logic Council
Membership provides access to our popular Slack channel, participation in subscriber surveys and invitations to exclusive events with our journalists and special guests.
