AgriFood Signals: S2G Investments bags $1bn, Oishii makes first close of Series C, Corteva picks crop protection HQ

S2G's Chuck Templeton, Sanjeev Krishnan, and Aaron Rudberg.
Image credit: S2G

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

Funding news

🇺🇸 Oishii closes $150 million in Series C financing Horti Daily

🇬🇧 Resurrect Bio expands Series A to $10.3m to scale tech helping plants to defend themselves AgFunderNews

🇬🇧 Adamo Foods secures €10 million EU grant to scale mycelium steak as it targets price parity with beef Protein Production Technology

🇨🇦 Aplantex closes $5 million bridge round to accelerate shift to production-scale green biotechnology iGrow News

🇮🇱 Agronomics Limited leads US$5m Investment in SuperMeat Morningstar

🇩🇪 NanoStruct raises €2.6M Seed to bring same-day pathogen detection to the food industry Tech.eu

🇺🇸 Perfect Day alums raise $2m for new precision fermentation startup Melazyme Green Queen

Resurrect Bio cofounders Cian Duggan, PhD (left) and Prof Tolga Bozkurt (right). Image credit: Resurrect Bio
Resurrect Bio cofounders Cian Duggan, PhD (left) and Prof Tolga Bozkurt (right). Image credit: Resurrect Bio

M&A, IPOs & partnerships

🇩🇪 Müller moves to strengthen plant-based position with planned Berief acquisition The Plant Base Mag

🇪🇸 PepsiCo and Fertiberia scale green fertiliser push across 400,000 acres of European farmland Agtech Navigator

Funds, grants & accelerators

🇺🇸 S2G Investments raises $1 billion for first fund as independent firm WSJ

🇺🇸 World Bank-hosted fund opens $163m grants program to bolster food security for world’s poorest farmers National Law Review

People moves

🇺🇸 F.D.A. Commissioner Marty Makary resigns after weeks of pressure NY Times

🇫🇷 Elicit Plant names Boualem Saidi as EMEA business head Agro World

🇺🇸 Beyond Meat appoints new chief accounting officer with equity package Vegconomist

🇺🇸 Mad Agriculture appoints Michael O’Donnell as Land & Business director, Indiana Mad Agriculture

building a factory in Kirkkonummi, Finland, that will be able to make up to 3,000 tons of PEKILO mycoprotein per year. Image credit: Enifer
Image credit: Enifer

Other news

🇺🇸 Pizza Hut franchisee says AI caused $100M in damages Restaurant Dive

🇺🇸 Tattooed Chef investors ink $4.75m deal over growth claims Law 360

🇺🇸 EVERY urges court to sanction Onego Bio as alt protein IP fight turns nasty AgFunderNews

🇩🇪 Cultimate Foods GmbH files for bankruptcy Vegconomist

🇺🇸 Gov. Mike Braun, Indianapolis officials celebrate major agbioscience win as Fortune 500 Corteva picks Indiana for crop protection HQ AgriNovus Indiana

🇫🇮 Enifer enters petfood market as commercial mycoprotein plant nears launch AgFunderNews

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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