AgFunderNews rounds up the most important fundings, mergers, acquisitions, closures, and industry buzz in agtech and foodtech.
Funding news
🇺🇸 TARGAN secures $100m growth financing from Symbiotic Capital GK News
🇦🇺 PlasmaLeap raises $20m to scale zero-emissions fertiliser tech Venture Barn
🇬🇧 Shellworks raises $15M to scale sustainable plastic alternative Vivomer Tech.eu
🇨🇳 Chinese startup raises $14.6m to expand production of recombinant breast milk proteins Green Queen
🇺🇸 Aqua Theon raises $13m seed round to expand marine plant-based beverage OoMee Plant Based Mag
🇬🇧 Biomaterials startup seeks US expansion after £11m raise UKTN
🇺🇸 Robotic weeding startup AgriPass raises $7.5m seed round, partners with Fyeld to expand tech AgTech Navigator
🇫🇷 Can fermentation undercut synthetics? baCta raises $8.3m to chase astaxanthin’s ‘collagen moment’ – AgFunderNews
🇫🇷 Amatera raises $7m to accelerate climate smart crop development by tackling screening bottleneck AgFunderNews [Disclosure: AgFunderNews’ parent company is an investor in Amatera.]
🇬🇧 Bindbridge raises $3.8m for targeted protein degradation platform for next-gen crop protection AgFunderNews
🇩🇰 Denmark’s Mycoverse raises €2.4 million to develop fungal-based biological alternatives to chemical pesticides EU Startups
M&A, IPOs & partnerships
🇮🇳 🇪🇸 Captain Fresh acquires Frime, bolstering European tuna production and sourcing Seafood News
🇲🇾 🇸🇬 Cell AgriTech acquires Avant’s Singapore lab equipment Startup Researcher
🇺🇸 Zoetis to Acquire Neogen’s Animal Genomics Business iGrow News
🇫🇮 🇲🇽 Onego Bio and Sigma Foods Enter Collaboration to Strengthen Egg Protein Innovation and Supply Resilience Business Wire
Funds, grants & accelerators
🇬🇧 Government backs farmers with £345 million productivity and innovation funding New Food Magazine
🇧🇪 Gates Foundation grants $7M to Rainbow Crops to advance climate-resilient crops research for food security in Africa and South Asia Farmers Review Africa
People moves
🇬🇧 ALORA appoints Adam Helms as CEO; secures funding from Grantham Environmental Trust and Toyota Ventures PR Newswire
🇬🇧 Michelle Collis named CFO at Fieldwork Robotics Fruitnet
Other news
🇨🇭 Syngenta to exit global paraquat production AgWeb
🇺🇸 AeroFarms signs Letter of Intent to sell company, extends potential closure window to late March Vertical Farm Daily
🇺🇸 Oishii debuts sustainable top-seal packaging for Nikko Berry iGrow News
🇮🇩 Investor recovery plan shapes up as Deloitte takes over eFishery restructuring Deal Street Asia
🇺🇸 Scientists successfully harvest chickpeas from “moon dirt” Morning Ag Clips
🇺🇸 Olo launches first consumer-facing digital ordering app Nations Restaurant News
