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BASEL, Switzerland & ITHACA, N.Y.--(BUSINESS WIRE)--Today, Syngenta, a global leader in agricultural innovation, and Ascribe Bioscience announced the signing of a landmark development and supply agreement for PHYTALIX^®, a new biofungicide that has been proven to significantly enhance crop resistance against fungal, bacterial, and viral diseases.

As EcoTech Capital MD Adam Bergman recently noted, a lack of exits has created a “vicious cycle” in agtech: limited investable capital as existing funds hit the end of their life and struggle to raise new capital, and few new funds emerging as LPs shy away from a sector with weak returns.

SOMERVILLE, Mass., March 13, 2026 (GLOBE NEWSWIRE) -- AgZen, the MIT spinout bringing droplet-level control to agricultural spraying, today announced it has raised $10 million in Series B funding following a year of accelerated adoption that exceeded internal projections. In a single season, acreage deployed with its flagship RealCoverage^® system expanded 15x, reaching nearly one million commercial acres in the U.S

In last year’s AgFunderNews investor survey, some predicted more consolidation, rollups, and even “category-defining exits.” Spoiler alert: That didn’t happen.

Investment drives launch of Phytalix^®, a new broad spectrum biofungicide delivering practical, sustainable disease control for farmers globally

DENSO CORPORATION announced that it has acquired Axia Vegetable Seeds, a vegetable seed breeding company headquartered in the Netherlands and focused on developing high-quality tomato seeds for greenhouses globally. The acquisition marks a step forward in DENSO’s strategic expansion into the AgriTech sector.

Decibel’s platform opens a new world for crop improvement by allowing farmers to fine-tune plant traits during the season, without altering the plant’s DNA.

Agribusiness finance platform Agrolend has raised a $53 million Series C round, bringing its total funding to nearly $100 million. Impact investor Creation Investments and Syngenta Group Ventures led the round. New investors Vivo Ventures, L4, and Japan’s Norinchukin Bank also participated alongside current ones including Valor Capital, Lightrock, Yara Growth Ventures, SP Ventures, and others. Agrolend will use the funds to expand its credit offerings to industries, retailers and cooperatives.

Brazil-based agribusiness marketplace Arado (formerly known as Clicampo) has raised $12 million in an oversubscribed Series A round.

US-based inputs and financing marketplace Farmers Business Network (FBN) and Israel-based precision spraying company Greeneye Technology have launched a multi-year partnership.

Vestaron Announced that James C. Collins Jr., Former CEO of Corteva, has Joined its Board of Directors

New strategic partnership aims to broaden access to Biognosys’ leading CRO services and Spectronaut^® software tools for unbiased proteomics and epiproteomics