AgriFood Signals: Uber’s $14.8bn bid for Delivery Hero, Hippo Harvest banks $30m, agentic AI for ag

Image credit: Delivery Hero

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

Funding news

🇺🇸 Marc Lore says Wonder is gearing up for an IPO after raising $650 million at a $9 billion valuation Fortune

🇸🇬 Rize lands $31m to help rice farmers cut methane emissions, water usage AgFunderNews

🇺🇸 Hippo Harvest raises $30m for greenhouse expansion Food and Drink International

🇩🇰 Danish biotech startup Visibuilt raises €3.34M seed to scale mycelium-based construction binder Arctic Startup

🇮🇱 Israeli AgTech startup Nanovel wins €2.5 million EU grant for citrus-harvesting robots Y Net Global

🇺🇸 Leaps By Bayer backs Sabanto to bring ‘practical autonomy to more farms’ AgFunderNews

🇸🇦 Uvera attracts Morgan Stanley, LAB7 and Core Vision in seed round Wamda

Savor butter cubes Image credit Savor
Savor’s butter replacement, which has self-GRAS (generally recognized as safe) status in the US, is initially being targeted at the foodservice sector. Image credit: Savor

M&A, IPOs & partnerships

🇺🇸 🇩🇪 Uber agrees €13bn deal to acquire Delivery Hero Financial Times

🇬🇧 Winnow acquires leading food waste technology player Lumitics, grows APAC footprint WIT

🇸🇪 🇺🇸 Bakery ingredients supplier AAK to scale Savor’s carbon-based fats Food Dive

🇨🇭 🇮🇱 Syngenta partners with Israeli Groundwork BioAg in up to $50 million agriculture deal CTech

🇺🇸 Walmart, General Mills partner with ADM to help U.S. farmers adopt regenerative agriculture practices ESG Today

Funds, grants & accelerators

🇸🇪 Norrsken Evolve formalises Dutch presence following €62 million fund close EU Startups

🇪🇸 Catalyxx wins €20M+ EU backing for first commer-cial chemicals plant Tech.eu

Olympia Yarger, founder, Goterra Image credit Goterra
Olympia Yarger, founder, Goterra Image credit Goterra

Other news

🇨🇭 🇺🇸 Syngenta sues BASF for infringing US herbicide patent Reuters

🇮🇳 Cropin launches OrbitAI agentic AI platform for agriculture Justo Global

🇺🇸 Plenty shrinks Chesterfield campus vision following Chapter 11 bankruptcy Vertical Farm Daily

🇺🇸 The world’s largest meat company abandons its climate and deforestation goals Inside Climate News

🇦🇺 Creditors vote to put food waste startup Goterra in liquidation Startup Daily

🇺🇸 This act targets Savor’s ‘lab-created’ butter – here is the Bill Gates-backed startup’s response Green Queen

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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