What went wrong at Monarch Tractor? Polybee’s physical AI agents, Patagonia's regen ag scheme, AI in ag lending, sweet victory for tagatose, Verdant Robotics enters new markets, Magdalena’s new strategy


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This week: What went wrong at Monarch Tractor, and are there wider lessons for the agtech industry? Cofounder and CEO Praveen Penmetsa tells us what he would do differently if he could turn back the clock.

Elsewhere, Polybee—which operates fleets of physical AI agents for yield forecasting and pollination—offers "immediate, bankable ROI," according to one investor. We asked founder Siddharth Jadhav for his elevator pitch.

Plus:

And finally... will fermentation power the next wave of natural colors? We caught up with Michroma as it rides the MAHA wave.

Have a fantastic week! Louisa, Jenn, and Elaine

Exclusive: Monarch Tractor CEO—‘We should have pivoted harder and faster’

While some dealers allege the tractors were “defective,” Penmetsa insists that the tech delivered, but the firm’s business model did not. Elaine Watson

🎥 Polybee scales physical AI agents for “immediate, bankable ROI” in specialty crops

"Where our recommendations are followed, our customers have walked away with at least 10-15% higher yield" says Siddharth Jadhav. Elaine Watson

Patagonia and Rodale Institute to transition California county to regen ag

The funding will enable Rodale Institute to provide farmers with technical assistance and business planning. Jennifer Marston

Behind Klim’s new tool to turn regenerative agriculture into a financial instrument - AgFunder portfolio co!

"The obvious next step was to build a tool that can quantify financial improvements of regen ag," says CEO Robert Gerlach. Jennifer Marston

Verdant Robotics expands into grass seed and sod, “where the weeds and the crop can look nearly identical’ - AgFunder portfolio co!

Grass seed and sod fields present one of the hardest identification problems in agriculture as the weeds are grasses too. Elaine Watson

FDA exempts tagatose from added sugar labeling

The low-glycemic, non-cariogenic sweetener is almost as sweet as sugar but only has 38% of the calories. Elaine Watson

Vivici sees 30% boost in titers, yield, via cell productivity tech from Enduro Genetics

The tech can "unlock biomanufacturing from just being focused on specialty niche products to more everyday products," says Enduro. Elaine Watson

AgriFood Signals: Nestlé & Soil Capital regen partnership, Unilever buys Grüns, John Deere lawsuit

Plus: New leadership at Corteva spin-out company. Jennifer Marston

🎥 Guatemala as a biomanufacturing base? Sugar giant Magdalena makes its case

"It's common that companies invest a lot in fermentation and not so much in downstream development," says the firm. "It's a huge mistake." Elaine Watson

🎥 Fermentation will power next wave of natural colors, says Michroma as it rides MAHA wave

Michroma is tackling two of the biggest pain points in the shift away from synthetic dyes: performance and supply. Elaine Watson

Guest article: The ag lender’s guide to AI investment

With the wrong AI product, a lender could quickly lose trust. By guest contributor Cameron Burfood


Last chance to have your say on the future of EU agrifoodtech investment!

🇪🇺 AgFunder is partnering with the European Investment Bank (EIB) Group to produce the first comprehensive European Agrifoodtech Investment Report to inform how EU funding could be allocated through 2034.

Share your insights in our 10-minute survey. We're examining capital gaps, scaling barriers, and what support mechanisms would make the biggest difference. All participants will receive early access to report findings.

If you're an accelerator, policy maker, or ecosystem builder, select the survey above that best matches your primary perspective on the market.

The survey closes on April 22, 2026. Your input is confidential and will only be reported in aggregate, or we will ask permission to quote you.

There are ‘credible legal questions as to whether FDA has the legal authority to eliminate self-GRAS,’ say legal experts

"Word is there was a significant push back on this, both directly to FDA/HHS and at OMB," says Bob Durkin at Amin Wasserman Gurnani. Elaine Watson

Miyoko’s plant-based butters, cream cheeses, will return to shelves in May, says new owner​

"Supply chain partnerships are in place, and we're preparing to bring back distribution over the next few weeks," says Scott Fischer. Elaine Watson

Why regen ag producers can’t get capital—and what alternative lender Steward is doing about it

Steward's alternative financing model builds creative financing options for farmers outside of the traditional system. Jennifer Marston

Rob Leclerc on building AgFunder, the biggest media platform and venture fund focused on food & ag

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FAO warns Strait of Hormuz crisis could trigger global agrifood catastrophe

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AI bubble: Have VCs already forgotten 2021?

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‘Nothing but tree skeletons’: record-breaking wildfires devastate US cattle country

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AgFunderNews

AgFunderNews reports on the evolution of the global food and agriculture system. By going beyond the headlines, we analyze the people, companies and technologies aiming to improve human and planetary health. Publishing daily, our team of award-winning journalists delivers deeper insight on the growing foodtech, agtech and climate tech industries. A multimedia publication, AgFunderNews is a division of AgFunder, one of the world’s most active agrifoodtech venture capital firms.

Read more from AgFunderNews

Express interest in investing in Fund V. AgFunder is a top 100 VC, according to TIME and Statista. Is your business ready for AI analytics? Find out more here. This week: What went wrong at Monarch Tractor, and are there wider lessons for the agtech industry? Cofounder and CEO Praveen Penmetsa tells us what he would do differently if he could turn back the clock. Elsewhere, Polybee—which operates fleets of physical AI agents for yield forecasting and pollination—offers "immediate, bankable...

Express interest in investing in Fund V. AgFunder is a top 100 VC, according to TIME and Statista. Is your business ready for AI analytics? Find out more here. This week: A proposed rule that would eliminate the self-affirmed GRAS pathway is coming soon. But what does it mean in practice, does HHS have the legal authority to make these changes without Congress, and how should firms be preparing now? Elsewhere, rising fertilizer prices triggered by the effective closure of the Strait of Hormuz...

Express interest in investing in Fund V. AgFunder is a top 100 VC, according to TIME and Statista. Is your business ready for AI analytics? Find out more here. This week: A proposed rule that would eliminate the self-affirmed GRAS pathway is coming soon. But what does it mean in practice, does HHS have the legal authority to make these changes without Congress, and how should firms be preparing now? Elsewhere, rising fertilizer prices triggered by the effective closure of the Strait of Hormuz...