AgFunderNews rounds up the most important fundings, mergers, acquisitions, closures, and industry buzz in agtech and foodtech.
Funding news
🇺🇸 With $30 million Series A raise, Marble Technologies is creating the future of meatpacking in Nebraska Silicon Prairie
🇺🇸 701x closes oversubscribed Series B, hits profitability and launches global expansion National Beef Wire
🇪🇺 PROSCALE secures €7 million EU backing to scale single-cell proteins from food industry sidestreams Protein Production Technology
🇫🇮 Raisio secures EUR 4.5 Million to develop functional fibre ingredients from grain waste Vegconomist
🇬🇧 Mykor raises 4 Million GBP to scale mycelium-based construction products from agricultural waste iGrow News
🇮🇩 Cool Japan Fund backs Indonesian vending startup JumpStart Tech in Asia
M&A, IPOs & partnerships
🇺🇸 Elanco completes acquisition of AHV, strengthening its commitment to the growing global dairy industry AgriNovus Indiana
🇺🇸 CVC to buy IFF’s food-ingredients unit in $4.3 billion deal Wall Street Journal
🇺🇸 🇮🇳 ADM and TechnoServe scale regenerative soybean farming in India Food Ingredients First
🇳🇱 Foodbytes acquired by Jaarbeurs as VIV Europe kicks off Food Agribusiness World
🇺🇸 Transfresh acquires Hazel Technologies Fresh Plaza
🇨🇭 🇺🇸 Syngenta and Ascribe Bioscience partner to bring new biofungicide to Asian farmers Business Wire
🇬🇧 Munters acquires Optifarm to expand AI-powered livestock health monitoring capabilities Swine Web
🇺🇸 🇳🇱 Ingredion strengthens functional fiber portfolio with Benicaros acquisition Nutra Ingredients
🇨🇭 🇺🇸 Nestlé taps Helaina to explore bioactive proteins in infant nutrition AgFunderNews
Funds, grants & accelerators
🇺🇸 Enduring Planet raises $12 million for second climate fund Impact Alpha
🇺🇸 Purdue’s DIAL Ventures says it’s a ‘defining moment’ for AI in agriculture after first close of Fund II AgFunderNews
🇺🇸 Converge Bio receives $2.5 million grant to extend drug modeling platform to crop genomics Horti Daily
🇺🇸 🇮🇱 Ayana Bio and Brevel net $1.25m grant to see if ‘illuminated fermentation’ can turbocharge plant cell culture AgFunderNews
Other news
🇩🇪 Formo cleared to sell cow-free casein in US after ending Koji protein cheese run Green Queen
🇮🇱 Aleph Farms cuts jobs and shifts to outsourcing as cultivated meat industry stumbles CTech
🇮🇹 GERBER-RAUTH exits dairy commodities to double down on ‘future of dairy’ AgFunderNews
