cellular agriculture

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Dutch-born Rosa Goslinga has spent most of her career working in Africa and speaks five languages, including Swahili. She graduated in business, economics and international development at the University of Amsterdam in 2004. She also completed a master’s in political economy of development at the School for Oriental and African Studies (SOAS) in London in 2005.In 2006, she worked as an economist at the Ministry of Agriculture and Animal Resources in Rwanda where she realized there was an urgent need for small-scale farming insurance to protect the local farmers’ livelihoods against natural hazards.In 2008, she joined Syngenta Foundation for Sustainable Agriculture (SFSA) in Kenya, where she initiated a pilot Kilimo Salama in Nairobi as program director. The program was a success, starting with 185 farmers taking up index insurance and growing to be the largest in Africa with over 185,000 participants. Goslinga also met and started working with Thomas Njeru, the lead actuary for UAP Insurance for the Kilimo project.In 2013, with investors backing her project, she developed and patented a system and method for providing a site-related weather insurance contract. She left SFSA in 2014 and went on to set up Kenya’s pioneering insurtech Pula with Njeru as co-founder in 2015.Both are now co-CEOs of the Nairobi-based startup, education and helping over 4m small-scale farmers to protect their livelihoods from environmental hazards with tailor-made micro-finance and insurance products.

Aavishkaar (‘invention’ in Hindi) was founded in 2001 as an early stage investor to help build sustainable enterprises in India’s underserved regions. Its VC portfolio, valued at over US$ 155 million, covers key industry sectors including sanitation, healthcare, agriculture and technology. Its Aavishkaar Frontier Fund was created in 2015 to invest in South and Southeast Asian countries like Indonesia, Pakistan and Bangladesh.

Kinara is a venture capital fund based in Indonesia. Established in 2011, it focuses on impact investments that include supporting inclusive economy initiatives and eco-friendly ventures such as Greeneration. Kinara has been managing Indonesia’s first business impact acceleration program that has produced 11 enterprises in the food security sector since 2016. Other priority sectors are microfinance, clean tech, agriculture and fisheries.

Founded in Shanghai in 2002, Pre IPO is a private equity investor targeting pre-IPO startups in China. It specializes in sectors like consumer products, medicine, edtech, eco-friendly technology, advanced manufacturing and agriculture. The firm also participates in M&A ventures and risk investments in high-tech, new media and IT. 

BayWa Venture GmbH is a subsidiary company of BayWa AG, the German agriculture, energy and construction conglomerate.Putting digitalization at the core of its agriculture strategy, the company is looking to expand its core business into digital services within the existing businesses. It is investigating new digital business models and stand-alone concepts through collaboration with emerging startups focusing on cutting-edge technologies in the agrifood tech space.BayWa started to invest in startups in 2012 mainly focused on online customer management, services and sales platforms. In 2015, the company purchased Farm Facts, a German farm management SaaS and in 2017 invested in Abundant Robotics, a US-based automated harvest company. One of the firms’ most recent investments has been Evja, an Italian startup developing precision farming hardware based on advanced agronomic models and machine learning technology.

The municipal government of Wuhan launched Wuhan S&T Angel Venture Fund in September 2013. With RMB 300 million under management, the fund is operated by Wuhan S&T Angel Venture Fund Management Co., Ltd. It invests mainly in the information technology, new materials, advanced equipment manufacturing, biomedicine, new energy, automotive, energy conservation, environmental protection and modern agriculture fields.

Triputra Group is an Indonesian conglomerate with businesses in agriculture, manufacturing, trading and mining. It also runs a pension fund and a charitable foundation. The conglomerate was founded in 1998 by Theodore Permadi Rachmat, the former CEO of the Astra Group. It is a recent entrant in the startup investing scene; in 2018, it invested in retail startup Warung Pintar and fishery automation company eFishery.

With New Hope Group, one of China’s biggest agriculture and food businesses, as its cornerstone investor, HosenCare Brothers had operated as a PE arm within the group for nearly a decade. In 2017, it began to operate under its current name. It currently manages assets worth more than RMB 3bn, and mainly invests in sectors of medtech, healthcare, biotechnology and smart manufacturing. 

Hannah Michaud first started exploring ways to develop sustainable textiles in 2016 while completing her studies in sustainable fashion at Copenhagen’s KEA School of Design & Technology. She also studied fashion technology and design at the KEA academy from 2012 to 2015.Michaud worked as a fashion design intern at Danish company Barbara I Gongini in 2016 and also at Weekend CPH in 2014. After her graduation in 2017, she decided to continue her research work on sustainable fabrics as co-founder and chief creative officer of Danish alt-leather startup, Beyond Leather Materials ApS, in Copenhagen.Originally from Maine, US, Michaud also studied music as a classical flutist at the University of Maine, where she was first chair in its Symphony Orchestra, and Sustainable Agriculture in the university’s Natural Science and Forestry department.

China Merchants Capital (CMC), the investment management platform of China Merchants Group, was established in 2012 with a registered capital of RMB 1 billion. As of the end of 2014, it had assets under management worth nearly US$3 billion. CMC invests mainly in the infrastructure, medical & pharmaceutical, financial services, real estate, high-tech, agriculture & foods, media, equipment machinery, mining and energy sectors, among others.

Biodegradable granules that absorb and store water around roots, providing water for up to 40 days in drought-prone environments.

A leader in autonomous vehicle tech, Veniam's Wi-Fi meshes support smart city connected vehicle networks and move terabytes of data between vehicles and the Cloud.

Elton Ho completed a master’s in food analysis and food safety management at Hong Kong Baptist University in 2015. Ho met Felix Cheung during the master’s program and they continued to develop the advanced sous-vide aseptic packaging (ASAP) technology after their graduation. They went on to co-found IXON Food Technology in January 2017, with funding from an angel investor.Ho had previously worked as a laboratory supervisor for nine years at the Vegetable Marketing Organization (VMO), monitoring the levels of pesticide chemical residues and heavy metals in domestic and imported fruits and vegetables. The VMO is a self-financing, non-profit organization established in 1946 to support local vegetable wholesalers and customers in Hong Kong. It also ensures food safety standards compliance and supports the sustainable development of local agriculture.

The world’s first sharing platform for farm drone technology, Farm Friend is already eyeing a yet bigger role: as a comprehensive, one-stop agritech services provider.

Smart farmers use Karsa to make better decisions, stay informed and get connected to other agricultural sector stakeholders.

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