AgriFood Signals: Biocentis raises $19m for insect control, Monarch Tractor in trouble, choc giant partners with NotCo on AI

Biocentis founders Image credit Biocentis

L-R: Biocentis cofounders Federico Guelpa, Giorgio Rocca, and Andrew Hammond.
Image credit Biocentis

AgFunderNews rounds up the most important fundings, mergers, acquisitions, closures, and industry buzz in agtech and foodtech.

Funding news

🇮🇳 Tractor Junction Raises $22.6m Series A to scale rural vehicle marketplace, fintech business AgFunderNews

🇺🇸 Startup Biocentis raised $19M for genetic insect control Axios

🇳🇱 AKA Foods Secures 17.2 Million Dollars in Seed Funding to launch the world’s first secure AI system for food innovation PR Newswire

🇺🇸 Keychain grabs $10M to disrupt private label supply chains for retail giants Food Business News

🇩🇰 Chromologics raises €7 million to bring its natural colour ingredients closer to market PR Newswire

🇺🇸 Erg Bio Closes $6.5 Million Seed Round to Scale Flexible Feedstock Technology for Manufacturing Synthetic Aviation Fuels and Critical Chemicals GlobeNewswire

🇬🇧 Edinburgh University spinout secures £4.5 million to grow tree-boosting fungal tech The Scotsman

M&A, IPOs & partnerships

🇬🇧 🇮🇪 Senus seals Loamin acquisition to boost land and soil data Think Business

🇨🇭 🇺🇸 Barry Callebaut Partners With NotCo AI to Unlock Next-level Chocolate Innovation Businesswire

🇺🇸 Perennial Partners With Valor Carbon On Soil CDR Acceleration Carbon Herald

🇩🇰 PlanetDairy buys Stockeld tech—but can hybrid dairy win over consumers? AgFunderNews

Funds, grants & accelerators

🇺🇸 Grow-NY selects $1M grand-prize winner Rochester Business Journal

Doug McMillon, CEO, Walmart. Image credit: Iron Lotus Creative / Stephen Ironside for Walmart
Doug McMillon, CEO, Walmart. Image credit: Iron Lotus Creative / Stephen Ironside for Walmart

People moves

🇺🇸 Walmart chief Doug McMillon retiring after more than a decade BBC  

🇨🇭 Nestlé announces the retirement of Sanjay Bahadur GlobeNewswire

Other news

🇺🇸 Exclusive: Monarch Tractor preps for layoffs and warns employees it may ‘shut down’  TechCrunch

🇺🇸  Melt Organic brand owner is the winning bidder for Miyoko’s Creamery: ‘We’re surprised and delighted’ AgFunderNews

🇺🇸 US exempts 200+ agricultural products from reciprocal tariffs Grocery Dive 

🇺🇸 DailyRobotics enters strawberry harvesting race with robot that can pick 2–3x faster than humans AgFunderNews

🇮🇳 🇯🇵 Alt Carbon Issues Asia’s Largest Verified Enhanced Weathering Credits to Mitsui O.S.K. Lines ESG News

🇺🇸 Eat Just Launches Plant-Based Chicken in Over 3,000 Walmart Stores Vegconomist

🇫🇷 🇮🇹 🇺🇸 Bühler’s New Chocolate Challenge Recognizes Three Startups Working to Address Cocoa Industry Volatility Vegconomist

🇩🇪 Barry Callebaut partners with Planet A Foods to expand chocolate alternatives without cocoa Protein Production Technology

🇺🇸 Tyson Foods to Stop Making ‘Climate-Smart’ Beef & Net-Zero Claims After Lawsuit Green Queen

🇬🇧 Tate & Lyle extends its regenerative agriculture programme into Europe Tate & Lyle

🇨🇭 Nestlé selected to join the Frontier Firm AI Initiative, a collaboration with D^3 Institute at Harvard and Microsoft Nestlé 

🇺🇸 Kroger closing automated fulfillment facilities to bolster e-commerce profitability Grocery Dive

🇺🇸 Perennial and AmSpec Group Partner to Expand Reach & Improve Efficiency for MMRV Globally Perennial

🇧🇷 8 countries commit to Brazil-led farmland restoration accelerator at COP30 Environment Journal

🇪🇺 EFSA sets out major updates to novel food application process for 2025 and 2026  Protein Production Technology

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REPORTING ON THE EVOLUTION OF FOOD & AGRICULTURE
REPORTING ON THE EVOLUTION OF FOOD & AGRICULTURE
REPORTING ON THE EVOLUTION OF FOOD & AGRICULTURE
REPORTING ON THE EVOLUTION OF FOOD & AGRICULTURE
REPORTING ON THE EVOLUTION OF FOOD & AGRICULTURE
REPORTING ON THE EVOLUTION OF FOOD & AGRICULTURE