AgFunderNews rounds up the most important fundings, mergers, acquisitions, closures, and industry buzz in agtech and foodtech.
Funding news
🇪🇸 Samsung backs industrial robotics startup Theker in €85m round Sifted
🇫🇷 Innovafeed raises $59m, scales production, cuts R&D headcount as insect ag hits “industrialization phase” AgFunderNews
🇺🇸 Neion Bio Raises oversubscribed $23 million Series A to advance biologics manufacturing platform and expand pipeline Business Insider
🇺🇸 Leaf raises $13m Series B to bring AI to agribusiness Morningstar
🇨🇦 NS/TX Industries raises $10.5 million to scale alternative protein manufacturing platform Pulse 2.0
🇺🇸 SWARM Engineering raises $10m Series A to scale decision intelligence for agrifood and manufacturing iGrow News
🇮🇳 Manam Chocolate raises $9 million funding from Omnivore, Turner Morrison India Times
🇬🇧 Cordon Technologies raises £1M to help farmers cut pesticide use through precision spraying Tech.eu
🇳🇿 Dairy giant Lacto Japan invests in RuBisCO protein maker Leaft Foods Green Queen
M&A, IPOs & partnerships
🇳🇱 Agrifoodtech investor Pymwymic swallows Dutch bank’s food fund Impact Loop
🇺🇸 🇬🇧 Ingredion strikes £3.7 billion ($5 billion) deal to acquire UK ingredient giant Tate & Lyle Vegconomist
🇧🇪 🇩🇪 Aphea.Bio and Bayer will co-develop bioinsecticides Revista Cultivar
🇦🇷 🇺🇾 Molinos Río de la Plata to buy NotCo units in Argentina, Uruguay Yahoo Finance
Funds, grants & accelerators
🇱🇺 EIF commits €25 million to €100 million Irish agrifood innovation fund Funds for NGOs
🇺🇸 Coefficient Giving opens $10m funding call for alternative protein taste research Vegconomist
People moves
🇺🇸 Jason Fullmer joins Plantible as chief operating officer LinkedIn
🇺🇸 Tyson promotes company insider to COO Food Dive
🇩🇪 Juan Martinez joins SenseUP Biosciences as co-CEO and managing director LinkedIn
🇺🇸 Pivot Bio announces additions to senior management Business Wire
🇺🇸 Mars appoints Kemal Cetin as chief digital & information officer for $36bn snacking business PR Newswire
Other news
🇦🇺 Pioneering ag-tech startup Goterra enters voluntary administration Smart Company
🇫🇷 Nestlé taps precision-fermented donkey milk to make whey protein without dairy allergens Green Queen
🇬🇧 First GLP-1 tablet for weight loss approved in the UK gov.uk
🇺🇸 UPSIDE Foods submits $50m stalking horse bid for Believer Meats’ US cultivated meat facility AgFunderNews
