The Week in AgriFoodTech: India’s Jumbotail nets $18m, new investment plans for Corteva, Mondelēz & others
Plus, meet the Internet of the Forest.
Plus, meet the Internet of the Forest.
Plus: Impossible Foods unveils a “meatier” new look to attract more carnivorous customers.
Fresh off a fundraise, Denmark-based NitroVolt CEO and cofounder discusses the path from PhD student to CEO of a climate tech startup.
Plus: Plant-based “NotDogs” from Oscar Mayer and NotCo, John Deere’s “right to repair” case drags on, new meat labeling beef in Iowa.
Meanwhile, France bans the meat from plant-based meat labeling, the US aims for more wind-powered farms.
Spanish plant-based meat startup Heura posted a 22% increase in sales to €38.3m ($41.5m) in 2023 and says it’s on course to turn a profit next year.
According to the new definition, precision fermentation combines the process of traditional fermentation with the latest advances in biotechnology.
Plus: Syngenta develops new bioinsecticide, layoffs at Meati, and Miruku raises $5m for molecular farming.
Plus: UPSIDE Foods hits pause on its large-scale cultivated meat production facility and plant-based fur makes its debut.
Plus… 150 job cuts at Plenty, a new green agri fund from Temasek and Norinchukin Bank, cultivated scotch eggs at Fortnum & Mason.
Swiggy makes more cuts to its workforce, France contemplates a ban on cultivated meat.
Industrial-scale insect farming is not for the faint-hearted. So what business models make sense, and who is going to fund the next wave of facilities?
Plus: much ado (and fundraising) about ag robotics and many updates from Israel’s startup scene.
AgFunder partner Michael Dean on discovering the huge opportunity for new technology development and deployment across the food system.
Plus, corporate restructuring at FreshDirect and R.I.P. for RIP Foods.
A spinoff from VTT in Finland, Enifer is targeting human food, petfood, and aquaculture markets with its mycoprotein, produced from a fungal strain first commercialized in the 1970s.
Here are some of highlights (and a few low lights😉) from 2023, plus some areas to watch in 2024, from designer probiotics to livestock methane reduction.
Meanwhile in France, lawmakers are proposing a ban on cultivated meat, calling that alternative protein “junk food”
Plus: ProfilePrint raises Series B funding & Vow gets a regulatory nod for cultivated quail.
Food delivery is not the only restaurant tech category out there, but it’s been the most prominent over the last decade.
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International Fresh Produce Association launches year 3 of its produce accelerator