AgFunderNews rounds up the most important fundings, mergers, acquisitions, closures, and industry buzz in agtech and foodtech.
Funding news
🇯🇵 BlackRock, Temasek’s decarbonization partners leads $87 million round in sustainability solutions provider Asuene ESG Today
🇬🇧 Moa Technology raises $30m to advance novel modes of action in weed management AgFunderNews
🇮🇱 Molecular farming startup Plantopia bags $9m to grow dairy proteins in oats Green Queen
🇺🇸 FireHawk Bioherbicide raises $5.6 million to fuel US expansion iGrow News
🇮🇳 BiofuelCircle raises ₹35 Cr to expand its biomass supply chain ecosystem Inc42
🇬🇧 BugBiome secures £500,000 grant to develop new bioinsecticide working with expert researchers The Microbiologist
M&A, IPOs, and partnerships
🇺🇸 McCormick plans secondary London listing after Unilever Foods merger, unveils operating structure Reuters
🇺🇾 🇵🇾 Terraflos acquires +NUTRI Co in an eight-figure deal Latamlist
Funds, grants, and accelerators
🇰🇪 Acumen rasies $90m for Resilient Agriculture Fund II Agri Investor
🇬🇭 Village Capital deploys $500,000 to three Ghanaian impact startups Impact Alpha
🇺🇸 Rockefeller Foundation commits $4m to rebuild the rural economy through better farmland AgFunderNews
People moves
🇺🇸 ADM appoints Jeff Rowe as executive vice president and chief operating officer Business Wire
Other news
🇺🇸 Threat group claims credit for ransomware attack on Coca-Cola’s dairy unit Food Dive
🇦🇺 Rio Tinto turns to biochar for cleaner aluminum, targeting 50% emissions cut by 2030 Carbon Credits
🇦🇺 All G makes US debut with low-iron lactoferrin made via precision fermentation AgFunderNews
🇺🇸 Trump announces 50 Percent tariffs on Canadian dairy and other foods Civil Eats
🇺🇸 Self-GRAS proposal now expected in December; new description has ‘significant changes,’ says expert AgFunderNews
🇪🇺 Novel fibre ingredient that boosts GLP-1 release gets EU novel food approval Green Queen
🇮🇱 UPSIDE’s $50m bid may not be final word on Believer Meats plant as auction deadline shifts AgFunderNews
🇮🇳 Zomato’s parent company breaks out enterprise AI business Tech in Asia
