AgFunderNews rounds up the most important fundings, mergers, acquisitions, closures, and industry buzz in agtech and foodtech.
Funding news
🇺🇸 IMIO raises $12m to unlock nutrients trapped in crop residues with new generation of ‘dependable ag biologicals’ AgFunderNews
🇺🇸 Electric Plant Company launches from stealth with $11.2m in funding and a foundation AI Model for plants, Bombadil Business Wire
🇺🇸 Kodama nets $7m to scale physical AI for ‘intelligent forestry’ AgFunderNews
🇺🇸 Pythag tech gets $4.25m to make cultivated meat production faster & cheaper with AI Green Queen
🇯🇵 Kinish raises US$3.1 million to expand rice ice cream sales and develop rice-grown casein Protein Production Technology
🇮🇹 Ganiga secures €2.5M to expand its AI-powered food waste technology Tech.eu
🇺🇸 Terminus Capital Partners invests in PickTrace Private Equity Professional
M&A, IPOs & partnerships
🇫🇷 🇺🇸 Danone partners on $40M facility turning yogurt waste to renewable energy Food Dive
🇺🇸 Lumi AI finds new home at Newforma as agentic analytics gathers pace AgFunderNews [Disclosure: AgFunderNews‘ parent company AgFunder is an investor in Lumi AI]
🇮🇱 🇮🇳 Brevel teams up with The Wave Group to scale ‘illuminated fermentation’ in India AgFunderNews
🇺🇸 TARC Founders and Steiger Family Office acquire cattle management software pioneer GEM Drovers
Funds, grants & accelerators
🇺🇸 Trump Administration announces $8 Billion Harvest Fuel Relief Program USDA
🇺🇸 Bison Ventures raises $160 million to go deep with frontier-tech startups Wall Street Journal
🇺🇸 Ground Up Investing reaches $6 million first close on second agriculture fund iGrow News
🇺🇸 Citi Closes $72 million carbon removal-linked note for Texas biochar project ESG News
People news
🇫🇮 Changes in Solar Foods’ Management team and organization: Godert Zijlstra to leave his position at year-end Solar Foods
Other news
🇹🇼 Taiwan blocks Grab’s $600m Foodpanda deal Tech in Asia
🇺🇸 Terraton issues first biochar carbon credits, signs deals for 97,240 tonnes and $1.5M HSBC debt Dealroom
🇺🇸 Aigen launches four-arm robot that pulls weeds without herbicide Global Agriculture [Disclosure: AgFunderNews’ parent company AgFunder is an investor in Aigen.]
🇺🇸 A hacker broke into John Deere and SharkNinja with an army of AI agents The Verge
🇹🇭 Vulnerabilities in protein supply highlighted in new global index The Fish Site
🇺🇸 Layoffs at Carbon Robotics as firm “realigns costs due to broader economic conditions” AgFunderNews
🇺🇸 Reservoir Farms expands to Pacific Northwest to accelerate physical AI AgFunderNews
