AgriFood Signals: UAE’s Kitopi nabs $50m, new Defra investments in UK ag, Carbon Robotics launches AI model

Kitopi cofounder and CEO Mohamad Ballout.
Image credit: Kitopi

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

Funding news

🇺🇸 SEMCAP Food & Nutrition makes $55 million investment in Good Culture SEMCAP

🇮🇳 Indian food firm The Whole Truth raises $51m series D Tech in Asia

🇦🇪 UAE’s Kitopi raises $50m in growth capital led by EvolutionX Cairo Scene

🇺🇸 GrubMarket raises $50m in Series H funding at $4.5B valuation iGrow News

🇮🇩 Indonesia’s Jago Coffee raises $12.5m as BEENEXT, Intudo double down Deal Street Asia

🇫🇷 UBEES secures €8m to support global expansion of regenerative pollination Tech.eu

🇺🇸 Omeat becomes evergreen, raises $6m to bring cultivated meat to US & Singapore Green Queen

🇬🇧 Sparxell Raises $5m in new funding round to scale its plant-based colour tech Fashion Network

🇶🇦 Qatar’s Hydrovest raises $275K to scale agritech production and expand into the UAE Wamda

Image credit: Bushel

M&A, IPOs & partnerships

🇨🇳 China’s Meituan snaps up Dingdong to deepen push into fresh grocery retail SCMP

🇺🇸 General Mills partners with Euralis to accelerate regenerative agriculture in sweetcorn production New Food Magazine

🇺🇸 Verity and Bushel integrate platforms for farm data traceability Street Insider

Funds, grants & accelerators

🇬🇧 Henry Dimbleby has grape expectations for new wrapping The Times

🇬🇧 From precision-bred hemp to Sunshine Tomatoes: £21.5m to drive farm innovation in England UK Govt

🇺🇸 US invests $15.2m in Vietnam tilapia project to boost soybean exports AgtechNavigator

People moves

🇺🇸 Hello Tractor appoints Susan NjihiaSusan Njihia as chief of staff LinkedIn

🇬🇧 Climate Impact Partners appoints chief growth officer ESG Dive

🇮🇹 Ferrero names insider to head WK Kellogg after $3.1B purchase Food Dive

Image credit: Carbon Robotics

Other news

🇺🇸 Carbon Robotics built an AI model that detects and identifies plants TechCrunch

🇨🇦 Nutrien re-aligning to bring wholesale and retail crop input businesses together Real Agriculture

🇺🇸 Court rules Texas food label censorship law is unconstitutional Animal Legal Defense Fund

🇺🇸 Starbucks bets on robots to brew a turnaround in customers BBC

🇧🇷 Rovensa Next strengthens its global innovation capabilities with a new pilot fermentation plant in Brazil Agribusiness Global

🇳🇬 Nigeria plans to integrate 14 million smallholder farmers into the cassava bioethanol value chain African Agribusiness

🇺🇸 GHG Protocol rolls out first global standard for land-sector emissions and carbon removal Carbon Herald

🇺🇸 EPA advances farmers’ right to repair their own equipment Morning Ag Clips

🇮🇳 Government to launch multi-lingual AI tool Bharat-VISTAAR for agriculture sector India Times

🇪🇺 EU adopts first-ever standard for carbon removal projects ESG Today

🇺🇸 Savor launches PCB division to bring carbon-derived fats to cosmetics Personal Care Insights

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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