New report: VCs bet on ag biotech & farmtech as the new stars of Asia-Pacific’s agrifoodtech ecosystem
Asia-Pacific has long been a hotbed for agrifoodtech innovation; the recent decline in VC funding isn’t likely to change that.
Asia-Pacific has long been a hotbed for agrifoodtech innovation; the recent decline in VC funding isn’t likely to change that.
Late-stage deals in the Asia-Pacific region grew by more than 30% in 2021; in H1 2022, the median size of deals dropped for the first time in three years.
Investors poured a record-breaking $15.2 billion into Asia-Pacific agrifoodtech startups in 2021; in 2022, the region continues to break records.
Shiok Meats has just raised another $3 million in bridge funding as it sets its sights on commercialization of its cultured seafood products.
Between them, Singapore and Indonesia raised over five times the funding of all the other ASEAN countries put together.
Covid-19 ravaged Asia before going global. We talk to three thought leaders in the region about how their strategies and investment priorities have changed.
We caught up with Isabelle Decitre, founder of the awards, to find out more about her motivation for launch FFAA and why it’s needed in Asia.
Plus: Swiss cleantech startup Bcomp raises new funds and Shake Shack expands its carbon neutral shake offerings.
Plus: Science Based Targets initiative’s new rules for Scope 3 emissions are causing more than a little chaos.
Also: farm labor management platform Seso raises $26 million, L’Oreal backs sustainable pigment producer.
Plus: more funding for ag robotics and bad news for Kroger’s e-commerce business.
Plus, meet the Internet of the Forest.
Agrifoodtech startup investment has hit its lowest point in six years as a result of fewer and smaller deals.
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.
For the second year in a row, the sector saw an increase in VC investment despite an overall decline in agrifoodtech funding.
Plus: Syngenta develops new bioinsecticide, layoffs at Meati, and Miruku raises $5m for molecular farming.
Swiggy makes more cuts to its workforce, France contemplates a ban on cultivated meat.
The startup’s enzymatic technology converts up to 80% of the sugars in juice into dietary fibers and non-digestible sugars without impacting the vitamins, minerals and organic acids in the final product.
Meanwhile in France, lawmakers are proposing a ban on cultivated meat, calling that alternative protein “junk food”
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International Fresh Produce Association launches year 3 of its produce accelerator