AgriFood Signals: EIF backs Nordic Foodtech VC, NotCo sells Brazilian business, Agronutris in receivership

Matias Muchnick, cofounder and CEO, NotCo. Image credit: NotCo

Matias Muchnick, cofounder and CEO, NotCo.
Image credit: NotCo

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

Funding news

🇮🇳 Bertelsmann leads $24m round in Indian food delivery startup Tech in Asia

🇮🇪 Impact Partners invests €7.2 million in Foorban Startup Business

🇪🇸 Strong by Form raises €5.8M to take on concrete with less wood Tech.eu

🇮🇪 Italy’s Biorsaf raises €5.2 million and acquires Cooki to build AI-powered food RegTech platform EU Startups

🇫🇷 Tellia raises $5 million to bring voice AI to farm fields iGrow News

🇸🇬 Singapore agritech startup N&E Innovations raises $1.7 million in Series A Funding Asia Connect Magazine

Nourish Ingredients CEO James Petrie and CTO Anna El Tachy
Nourish Ingredients CEO James Petrie and CTO Anna El Tachy

M&A, IPOs & partnerships

🇨🇱 NotCo sells Brazilian business & reportedly closes Mexican arm amid AI pivot Green Queen

🇮🇳 India’s Udaan to acquire Swiggy-owned LYNK for $53m Tech in Asia

🇺🇸 Grainger acquires AI job site tech firm AWM for $210M to boost inventory management Dealroom

🇨🇭 🇫🇷 Syngenta and Amoéba seal biofungicide deal as cereal growers battle disease and dwindling chemistry options Ag Navigator

🇦🇺 🇳🇱 Nourish Ingredients and SD Guthrie announce partnership to scale Creamilux production in Europe Asia Food Journal

Funds, grants & accelerators

🇫🇮 EIF backs Nordic Foodtech VC with €30M to scale Europe’s agrifood deeptech Tech.eu

🇨🇮 African Development Bank launches up to USD 5.1 billion plan to counter energy and fertilizer shocks Development Aid

🇺🇸 OpenAI Foundation backs effort to bring AI-powered weather services to millions of farmers Aim for Scale

Image credit: Agreena

Other news

🇩🇰 Agreena lands 4.45M-ton Kazakhstan carbon deal ESG News

🇺🇸 California approves first statewide non-ultraprocessed food label Food Dive

🇺🇸 Onego Bio partners with Zen Waffles to bring precision-fermented egg protein to high-protein breakfast market Dealroom

🇫🇷 Court-supervised receivership for Agronutris, despite €60 million in public LinkedIn

🇳🇴 Yara inaugurates Europe’s largest carbon capture facility in the Netherlands iGrow News

🇮🇱 Steakholder Foods rolls out 3D-printed whole-cut meat at US supermarkets Green Queen

🇺🇸 New York State Fair’s 800-pound butter sculpture recycled into energy at Western New York Dairy Farm Global Newswire

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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