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General Mills is paying this agriculture tech startup to help make Cheerios greener - TL;DR CNBC

General Mills is paying this agriculture tech startup to help make Cheerios greener

Publishing timestamp: 2023-07-11 13:57:55


Summary

Regrow Ag, a startup focused on regenerative agriculture, uses satellite imagery, weather data, and on-the-ground observations to create a computer model that helps farmers and major food companies reduce emissions and protect soil. General Mills and other corporations are buying Regrow Ag's software and offering it to farmers, while also pledging net zero emissions and making payments for ecosystem benefits. The company has received funding of around $60 million.


Sentiment: POSITIVE

Tickers: GISMSFTDE

Keywords: canadaclimateunited statesmicrosoft corpgeneral mills incagriculturedeere & cosciencebusiness newsenvironment

Source: https://www.cnbc.com/2023/07/11/general-mills-is-paying-this-startup-to-help-make-cheerios-greener.html


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