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FoodTech
AgTech
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The Week in AgriFoodTech: Nexus W2V raises $140m, Haber nets $44m, Planet A Foods bags $30m

December 12, 2024
Samuele Gabbio

Plus: GE salmon company AquaBounty winds down its only remaining operating farm: “We’ve been working for over a year to raise capital… Unfortunately, these efforts have not generated enough cash to maintain our operating facilities.”

Aspire Food Group automated edible insect cricket production facility

Brief: Aspire raises “meaningful amount” to keep insect ag operation going

meati cutlets

Brief: Meati settles false advertising lawsuit over ‘mushroom root’ claims

Oisin Hanrahan, cofounder and CEO, Keychain

CPG manufacturing platform Keychain sees uptick in activity as firms prepare for tariffs

Joseph Gagnon, senior fellow, Peterson Institute for International Economics

Navigating tariffs and trade in 2025: ‘There will be carnage’

Matt-Barnard, cofounder and CEO, One Bio

UC Davis spinoff One Bio raises $27m Series A to bridge the fiber gap

Chick hatching from egg

‘A pivotal moment in the egg industry…’ NestFresh celebrates first hatch of in-ovo sexed chicks in the US

Dr. Nick Jackowetz, SVP and principal scientist, Hydrosome Labs. Image credit: Hydrosome Labs

Sponsored

From next gen functional beverages to turbocharged biomanufacturing: unlocking the potential of ultrafine bubbles

Gooddrop’s ‘grow-to-wear’ apparel business looks to mass produce cotton using vertical farms

FOOD TECH

Didier Toubia, Co-Founder and CEO-Aleph Farms

Guest article: When minimum isn’t viable – the case against MVP in foodtech and beyond

Agrovision passes “significant milestone” for superfruits with acquisition of Chile’s ZurGroup

The Arla Bovaer case highlights a new frontier for agrifoodtech: combatting misinformation

The Week in AgriFoodTech: Mondelez invests in cocoa tech, a $350m regen ag fund launches

STARTUP FUNDING

Make your deals count in the global AgFunder AgriFoodTech Investment report – submit now!

NEW REPORT: Asia-Pacific agrifoodtech funding recovers with 38% YoY increase to $4.2bn so far in 2024

Brief: Oishii raises additional funding to close Series B at $150m, preps first international expansion

L-R: Keychain cofounders Jordan Weitz, Oisin Hanrahan, and Umang Dua. Image credit: Keychain

Keychain raises $15m to expand CPG manufacturing platform; firm will ‘change how the CPG industry works,’ says General Mills

AGTECH

Q&A: CEO Sam Sneddon on how WollemAI plans to become the climate tech vendor of choice in Australia and Southeast Asia

Ethan Steinberg, cofounder and CEO, Propagate

USDA awards Propagate, Rodale Institute & others $24m to make agroforestry accessible for growers

Forestry is more about people than it is about trees, says Xilva after assessing 288 nature-based projects

Seafood ‘one of the most illegally produced commodities’ worldwide. Investors play a big role in changing that

@AGFUNDER

Japan rising through the ranks as an agrifoodtech hub after 58% increase in YoY funding

Make your deals count in the global AgFunder AgriFoodTech Investment report – submit now!

Magi Richani, founder and CEO Alpine Bio

‘A huge milestone…’ Alpine Bio harvests first large-scale crop of soybeans containing casein proteins

L-R: Dr. Sheetal Sinha and Dr. Amit Kumar, cofounder, BioDefense. Image credit: BioDefense

BioDefense seeks to disrupt seafood market with ‘tasteless, odorless, and invisible’ coating that can boost shelf life 2-3x

ROBOTICS & AUTOMATION

Rajat Bhageria, founder and CEO, Chef Robotics

Chef Robotics CEO: ‘A lot of robotics companies have made grandiose promises, but they haven’t really shipped any robots. We’re much more practical’

Brief: NVIDIA’s venture arm invests in autonomous weeding startup Carbon Robotics

Stephen Klein, cofounder and CEO, Hyphen

Meet the founder: Hyphen’s Stephen Klein on ‘humbling’ startup experiences, pandemic pivots, and why you don’t need a robotic sledgehammer to crack a nut

ALT MEAT/PROTEIN

Thierry Duvanel, director of innovation, Bühler Group, at the MISTA biomass fermentation growth hack

🎥Biomass fermentation in focus at MISTA growth hack: ‘The food of the future is going to be manufactured in a tank’

XPRIZE feed the next billion

XPRIZE ‘Feed the next billion’ finalists learn there is no $10m grand prize: ‘It feels dishonest’

Impossible Foods heme protein

Impossible Foods’ heme protein is safe, says EFSA GMO panel

NOVEL FARMING SYSTEMS

Asia dominates global aquaculture production but Europe still holds most of the VC investment: report

Kelp Blue unpacks the benefits of turning seaweed into biostimulants: ‘What we sell works better for a farmer’

Dr. Yuval Gilad, cofounder and CEO, FreezeM

A ‘glimpse into the future’ of insect ag? Agroloop partners with FreezeM to open BSFL farm with fully outsourced breeding

BSFL frass contains nitrogen, phosphorus, and potassium. Image credit: InnovaFeed

Innovafeed secures $11.8m USDA grant for insect-based fertilizer, fine tunes process at Decatur pilot plant

REGENERATIVE AG

Trump plane Image credit: iStock/Boarding1Now

Less regulation, more funding for regen ag? AgFunderNews readers tell us what they want from the Trump administration

For Nzatu, regenerative agriculture is about building ‘a sustainable, long-term economy’ for Africa’s farmers

Klim raises ‘massively oversubscribed’ Series A, adds financial services layer to its insetting platform

WOMEN

Louise Parlons Bentata, cofounder and CEO, Bluemethane

Bluemethane unveils novel tech to capture methane from water

Chui-Lian Lee, cofounder and CEO, Werewool Image credit Werewool

Meet the founder: Werewool’s Chui-Lian Lee harnesses microbes to create colorful fabrics… without dyes

Michelle Ruiz, cofounder and CEO, Hyfe

🎥Hyfé looks to waste streams to power the next generation of sustainable feedstocks for biomanufacturing

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Sponsored Content

Dr. Nick Jackowetz, SVP and principal scientist, Hydrosome Labs. Image credit: Hydrosome Labs

Sponsored

From next gen functional beverages to turbocharged biomanufacturing: unlocking the potential of ultrafine bubbles

Editor's Pick

XPRIZE feed the next billion

XPRIZE ‘Feed the next billion’ finalists learn there is no $10m grand prize: ‘It feels dishonest’

Frankly Speaking

Charlie Dent, former Congressman and senior advisor, Our Republican Legacy

Trump’s tariffs won’t help US agrifood industry, says ex-Congressman Charlie Dent: ‘There are no winners’

Data Snapshot

Insect farming with the black soldier fly, Hermetia illucens

From novelty to necessity? The evolution of insect farming

Investor Insight

Andrew Ive at Big Idea Ventures, talks foodtech investing

🎥Foodtech investing: ‘You can’t escape the fundamentals. You have to produce something that adds significant value’

Meet the Founder

L-R: Dr. Sheetal Sinha and Dr. Amit Kumar, cofounder, BioDefense. Image credit: BioDefense

BioDefense seeks to disrupt seafood market with ‘tasteless, odorless, and invisible’ coating that can boost shelf life 2-3x

Research & Data

Japan rising through the ranks as an agrifoodtech hub after 58% increase in YoY funding

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