AgFunderNews rounds up the most important fundings, mergers, acquisitions, closures, and industry buzz in agtech and foodtech.
Funding news
🇳🇱 The Protein Brewery says FDA GRAS setback won’t derail US plans as it raises $20.5m Series B extension AgFunderNews
🇩🇪 Stenon bags $20.5m to combat fertilizer price hikes with better nitrogen management AgFunderNews
🇹🇳 Tunisia’s RoboCare secures six-figure investment from 216 Capital Wamda
🇧🇷 Amazon invests in sustainable aviation fuel producer GranBio ESG Today
🇮🇹 Syracuse-based Archimede closes €1.5 million Seed round for remote infrastructure monitoring EU Startups
🇮🇱 ProFuse Technology raises $1.5m to tackle muscle loss in the GLP-1 era AgFunderNews
M&A, IPOs & partnerships
🇺🇸 Sabanto and Verdant Robotics integrate autonomy and precision application systems Future Farming [Disclosure: AgFunderNews’ parent company AgFunder is an investor in Verdant.]
🇸🇦 🇬🇷 Foodics completes 100% takeover of Greece’s Norma AI Saudi Foodtech
🇺🇸 SilvaBio and Foray Bioscience partner to restore American chestnut from functional extinction Dealroom
🇺🇸 Biosphere picks up NovoNutrients assets in gas fermentation shakeout AgFunderNews
🇺🇸 Bayou Best Foods acquires BettaF!sh to build global presence in plant-based seafood AgFunderNews
Funds, grants & accelerators
🇨🇦 InvestEco closes fourth fund on C$106m Agri Investor
🇺🇸 Food System Innovations unveils $2m lab to speed up sustainable protein development Green Queen
🇬🇧 ‘Food & Nature Resilience Fund’ to help scale investment in UK regenerative farming Farming Online
🇺🇸 Spring Innovation Fund debuts as first venture philanthropy firm dedicated to animal welfare tech AgFunderNews
People moves
🇨🇭 Syngenta Group appoints Hengde Qin as chief executive officer Lincoln Journal
🇺🇸 Ohalo names seed industry veteran Justin Wolfe as president and chief operating officer PR Newswire
🇳🇴 Nofence appoints GEOSYS founder Damien Lepoutre as chairman as company eyes data-driven growth iGrow News
Other news
🇫🇷 Nestlé to axe artificial colours worldwide in industry first Food Navigator
🇺🇸 Wildtype turns to Kickstarter for first direct-to-consumer push with cultivated salmon lox and cell-derived skincare Cultivated X
🇫🇷 Parima validates cost-effective commercial cultivated meat production with Vow partnership Green Queen
🇩🇪 Bayer Group to consolidate U.S. glyphosate business into distinct entity operating as Ruveon Bayer
🇺🇸 ZBiotics takes GM probiotics mainstream with 15m+ ‘pre-alcohol’ shots sold AgFunderNews
