AgFunderNews rounds up the most important fundings, mergers, acquisitions, closures, and industry buzz in agtech and foodtech.
Funding news
🇺🇸 Terradot closes $34M debt for carbon removal projects Axios
🇬🇧 Epoch raises $4.25 million to help SMEs comply with EUDR supply chain deforestation regulation ESG Today
🇺🇸 Seattle ag-tech startup Strella lands $4.25m Geekwire
🇻🇳 Japan’s OC Global makes strategic investment in Vietnam’s ECONUTI Vietnam Investment Review
🇳🇱 As Brussels scrutinises ultra-processed food, FLTRD raises €500K+ to scale across Europe Tech.eu
🇩🇪 Lab-grown milk startup Senara lands LIOF investment Innovation Origins
🇯🇵 IntegriCulture secures Niigata backing to build cell agriculture around Japan’s brewing industry Protein Production Technology [Disclosure: AgFunderNews’ parent company AgFunder is an investor in IntegriCulture.]
M&A, IPOs and partnerships
🇺🇸 DoorDash to buy Instacart for $17 billion, united 2 delivery giants NY Times
Funds, grants & accelerators
🇺🇸 Ground Up Investing hits first close on $20m ag debt fund Agri Investor
🇺🇸 Startup Biosphere wins Pentagon contract to scale up production of key chemicals Breaking Defense
People moves
🇦🇺 Nofence names Kalon Armstrong managing director for Canada Beef Magazine
🇮🇹 Luke J. Lindberg appointed executive director of World Food Programme LinkedIn
🇺🇸 Todd Pester joins Vylor as vice president R&D innovation and operations LinkedIn
Other news
🇺🇸 ADM and Concern Worldwide expand Kenya farmer program to reach 17,500 smallholders iGrow News
🇧🇪 EU launches new calls for proposals closely aligned with the CRCF fegulation Carbon Herald
🇧🇪 🇫🇷 Agrifood corporates find a new model for financing regenerative agriculture via Soil Capital partnership AgFunderNews
🇺🇸 Oishii brings its indoor-grown strawberries to Walmart and expands its presence in US retail Italian Berry
🇳🇱 Formo, Those Vegan Cowboys secure FDA GRAS letter to sell cow-free casein in US Green Queen
🇫🇮 Finnish insect ag firm Volare opens 5,000-ton protein factory in Finland, explores 2nd plant AgFunderNews
🇳🇱 TurtleTree moves headquarters to Netherlands and signs NIZO women’s health research deal Protein Production Technology
🇦🇺 Stacked Farm outlines the long game for vertical farming ahead of US expansion AgFunderNews
