This week, Canadian alt-protein startup No Meat Factory raised Series B funding, while down in the US, New Age Eats let go of its nearly completed pilot facility. There were two new deals for forestry-related projects along with new funding for India ag data startup Cropin.
More importantly, AFN is very saddened to learn that Benson Hill co-founder Todd Mockler has passed away at the age of 52. Mockler was also a scientist at the Donald Danforth Plant Science Center in St. Louis. “He made the work we do and the impact we have the privilege to make possible, and his scientific curiosity will continue to inspire us,” Benson Hill said in a statement on its website.
🇮🇳 VC firm Omnivore invests $1 million seed round into animal health startup eFeed. Funds will go towards research and development operations, expanding eFeed’s farmer network, and hiring. (VC Circle)
🇺🇸 Microbiome startup BIOHM raises $7.5 million in equity financing.Middleland Capital’s VTC Ventures led the round, which will go towards further development of BIOHM’s platform for food and medicine. (genomeweb)
🇺🇸 New Age Eats (formerly New Age Meats) lets go of nearly complete pilot facility. No reason was given for the company’s sudden shift in plans. (Food Navigator)
🇺🇸 Google parent company Alphabet publicly launches agtech startup Mineral. Mineral aims to provide data and analytics for companies across food, agriculture, and technology. (AFN)
🇩🇪 Project Eaden unveils new fiber technology to improve texture and appearance of alt meat. The company has also extended its seed round from €8 million to €10.1 million ($8.7 million to $11 million). (Vegconomist)