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AgFunder Network Partners

The Week in AgriFoodTech: MycoWorks opens mycelium plant, Flagship et al pump $250m into Indigo Ag, Pure Harvest bags $150m

September 21, 2023
Jennifer Marston and Elaine Watson

After a pretty dry spell, agrifood investors were throwing around the big bucks this week, with the launch of two sizeable funds from Astanor Ventures and Humble Growth. There was also big news from MycoWorks…

OlsAro CEO Elén Faxö and Amatera CEO Omar Dekkiche

From salt-tolerant wheat to Robusta coffee that tastes like Arabica, two climate smart startups to watch

foodtech

Foodtech VC funding declined for 6th consecutive quarter, but deal count is up, says PitchBook

Data snapshot: Kenya, Nigeria and Egypt lead the way for agrifoodtech investment in Africa

Hoxton Farms pilot plant facility for cultivated fat

Hoxton Farms opens cultivated fat pilot facility, targets alt meat: ‘If you can’t get the fat right, it’s impossible to recreate the experience meat eaters crave’

Bou Bag by GANNI and Modern Synthesis. Image credit: Modern Synthesis

Brief: Modern Synthesis and GANNI unveil ‘Bou Bag’ made by bacteria for London Design Festival

Regenerative agriculture and cover crops

Food companies aren’t all walking the talk on regenerative agriculture, says FAIRR investor network

Peter Rahal managing partner Humble Growth

Humble Growth closes $312m growth equity fund for disruptive CPG brands, seeks founders with humility: ‘It’s a misunderstood trait’

Monarch Tractor

BREAKING: Impact investor Astanor Ventures closes second agrifoodtech fund on €360m

FOOD TECH

Ancient grains need modern solutions: how sorghum and millets can nourish a climate-era world

Fresh Start's CEO Noga Sela Shalev and CTO Dr. Tammy Meiron

Meet the founders: Israel’s Fresh Start incubator on what makes a great pitch, red flags, and ‘coachable’ entrepreneurs

The Week in AgriFoodTech: J.M. Smucker buys Hostess for $5bn, NotCo’s NotSnacks, Krucial monitors salmon from space

Beyond Meat R&D

Beyond Meat facing ‘existential threat’ says TD Cowen: ‘The core problem is the product’

STARTUP FUNDING

BREAKING: ‘Pee in drinkable water is nonsense’: Toopi Organics lands $17m to turn urine into crop biostimulants

Why AgFunder invested in Azaneo’s low-power electric weeding tech

The Kitchen Hub team at The Kitchen Labs. Image credit: Tal Shahar

The Kitchen FoodTech Hub announces $70m fund, unveils The Kitchen Labs innovation center

Yeap protein powder

Yeap secures investment from Lesaffre to upcycle yeast into a functional protein

AGTECH

BREAKING: AeroFarms emerges from Ch. 11 with new CEO, focus on VA farm

NEW REPORT: African agrifoodtech startups face headwinds as VC funding drops sharply from record-breaking 2022

Data snapshot: 5 years of agrifoodtech investment in Latin America

Brief: Crop biologicals firm Biobest eyes South America expansion with $570m acquisition of Brazil’s Biotrop

@AGFUNDER

NEW REPORT: African agrifoodtech startups face headwinds as VC funding drops sharply from record-breaking 2022

The Fermelanta team

Morphine from microbes? Fermelanta wins Japan agrifoodtech pitch

India Agrifoodtech report AgFunder May 2023

NEW REPORT: Indian agrifoodtech startups raise $2.4bn in 2022 as investors head upstream

Data snapshot: VCs bet on upcycling, insects and inventory management software to cut food waste in 2022

ROBOTICS & AUTOMATION

Carbon Robotics laser weeder

Rise of the machines: What will drive adoption of robotics and automation in specialty crops?

Tevel named winner at World Ag Expo for advancing autonomous harvesting using flying robots

Carbon Robotics bags $30m to fight the war on weeds with autonomous laser bots

ALT MEAT/PROTEIN

Mock up of new facility image credit UPSIDE Foods

UPSIDE Foods to pump $140m into commercial-scale cultivated meat plant near Chicago

foodtech investment panel

🎥 AgFunderNews round table: Foodtech investing in focus, from ‘tourist capital’ to a ‘return to fundamentals’

meati cutlets

Meati Foods lays off more staff: ‘We must be nimble and focus on near-term profitability’

NOVEL FARMING SYSTEMS

Brief: Container farming startup Freight Farms to go public for $147m via SPAC

Data snapshot: Fish, flies and algae outshine crop CEA in the $600m+ of novel farming systems funding so far in 2023

Equilibrium & Bosch Growers submit winning bids to acquire AppHarvest’s KY greenhouse facilities

Our oceans are in a state of emergency. Aqua-Spark’s CEO explains how startups can help restore their health

REGENERATIVE AG

Sponsored

Why we need bio-agriculture to help feed the world while reducing chemical usage

‘Boil the weed inside out’: RootWave launches high-frequency, ‘regen ag-friendly’ weed zapper for orchards

Green ripening soybean field, agricultural landscape

Should ag lenders and crop insurers offer ‘good soil discounts’ to farmers? Land Core develops ‘actuarially sound model’ to make it possible

WOMEN

Women entrepreneurs are a missed opportunity in venture capital. Here’s how investors and policymakers can change that

Vestaron banks $82m Series C funding for its crop-protecting peptides

How Anuvia aims to spend $66m advancing biofertilizer for large-scale agriculture

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Editor's Pick

Professor Mark Post Mosa Meat

🎥 Dr. Mark Post looks back on 10 years in cultivated meat: ‘The ridiculous prices we had in the beginning have come down tremendously…’

Frankly Speaking

Letter from the great food fight

Data Snapshot

Data snapshot: Indoor farming & insect meal top India’s Novel Farming systems investment category

Investor Insight

Investing in ag biologicals: “We are looking for reasons to say no”

Tailgate Talk

Smoke & mirrors, not worth the extra cost: 50 US farmers speak out on carbon markets

Research & Data

India Agrifoodtech report AgFunder May 2023

NEW REPORT: Indian agrifoodtech startups raise $2.4bn in 2022 as investors head upstream

Podcast

What is the role of biotech in an ethical food system? Cell ag experts weigh in

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