Fundings-in-Brief: Argentina’s S4 Closes $1.2m Seed Round, New Wave Foods Raises Funding for Shrimp Alternative, Indigo’s $100m, more

The round was led by the $54 billion Alaska Permanent Fund, with participation from previous backers, including incubation-style VC Flagship Ventures and members of the firm’s management and board. The financing comes only four months after the business ceased trading a $56 million Series B . Cultivation Capital Leads $1.2m Round in Data Analytics Startup S4 S4 , a data gathering. Analytics business that provides risk management solutions to financial, agribusiness, and farming players, has ceased trading a $1.2 million seed round with Cultivation Capital , a St.

The new capital will be used to improve and grow the firm’s database processing capabilities, develop sales in Argentina and Brazil, and migrate part of the founding team from Argentina to St. S4 participated in the inaugural cohort of The Yield Lab in 2015 and just completed the SixThirty Spring 2016 FinTech accelerator. “This round of financing is a critical milestone in S4’s history,” told reporters S4’s CEO Diego Steverlynck in a press release. “We are very happy to have found such a great team of institutional backers, and we feel very much at home in St. Louis.” New Wave Foods Closes Seed Round for Seafood Alternative New Wave Foods, which uses algae. Other components to create a replacement for shrimp, has shut down a seed round with early-stage investor Efficient Capacity and alternative foods-focused venture fund New Crop Capital .

Innit Raises $18m for Connected Food Platform California-based Innit has pulled in an additional $18 million in financing from founders. Strategic investors to accelerate business expansion, bringing its current backing total to $43 million. In May 2016, the business debuted its Connected Food platform that helps kitchen appliances operate like smartphones. Founded in 2013 by senior executives from the food and technology sectors, Innit’s team of chefs, nutritionists. Engineers is using cutting-edge food science and technology in an effort to help people manage and prepare their food more efficiently.

The Innit platform identifies and measures food using advanced technologies in the kitchen, recommends recipes based on inventory. Executes expert cookery techniques through connected kitchen appliances to produce amazing results every time. Vietnamese Online Food Delivery Platform Hellomam Raises Seed Round SSI Asset Management ’s backing arm has made an investment in Hellomam , a Vietnamese food delivery service.

Founded in 2015, the online-to-offline platform provides organic food delivery to diners. The founding members include Le Thi Thu Thuy, who is the former CEO of Vingroup, a Vietnamese property firm that as well dabbles in the agribusiness and retail spaces.

Going to SSIAM CEO Le Thi Le Hang, Hellomam is a perfect example of the type of firm that suits their funding thesis for agribusiness startups. Italian Online Food Delivery Service Supermercato24 Closes $3.31m Series A With a network of 1,800 couriers servicing some of Italy’s largest cities. Provinces, Supermercato offers grocery and home-essential delivery services sometimes as quickly as the day the order is placed.

The firm of late shut down a $3.31 million Series A with global ICT/Digital and Medical field investor Innogest leading the round along with existing investor European early-stage investor 360 Capital Partners . Kenyan Startup WeFarm Nabs $200k Prize for Farmer Connectivity Platform Offering a peer-to-peer network for smallholder farmers in developing nations, WeFarm won $200k at the recent Chivas Regal’s The Venture competition.

The firm ceased trading a $2.9 million venture round in January 2016. Advantage Capital Agribusiness Partners Invests in Texas-Based Nurturme Advantage Capital Agribusiness Partners, one of the USDA-approved Rural Business Investment Companies , has invested $3.7 million investment in NurturMe , which produces organic quinoa-based baby food and toddler snacks.

Going to a recent press release, ACAP selected NurturMe – a startup founded by Austin, Texas-based entrepreneurs Caroline Freedman and Lauren de la Rosa – as the first business within the baby food category to receive support from the fund. The investment will help NurturMe accelerate its rapid advance as it attempts to become the first brand to offer pure organic quinoa products for babies and toddlers, as well as expanding its line of gluten-free, organic ancient grain-based baby and toddler foods.